Renting Your Home Without A Rent Realtor
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Andrew Stratton
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Published on 12/10/2009
Time to rent your home, but not sure how to do it? The simplest way is to find a rent realtor to handle it for you.
Time to rent your home, but not sure how to do it? The simplest way is to find a rent realtor to handle it for you. They're the experts, and they can get the job done right. They also cost you money, and it can be unnecessary to use one.
What A Realtor Does
He does a number of things for you, and these are all things you can handle yourself if you're willing to put the time into it. They'll list the property for you and handle the applications that come in. They work as the middle man between you the landlord, and your tenants.
Handling the job yourself puts you in complete control of everything. This way, you can review all the applications yourself and really get to know who you're renting to. Let's look at the steps for doing it yourself.
List Your Rental Property
The first step is to list your property in your local apartment or condo listings. There are magazines available with houses for rent, as well as websites online that offer regional rental properties. You can also try classified sites and put an ad in the paper. The more places you list, the better your chances of getting the word out to potential tenants.
Show The House
Once you start getting calls about the place, make appointments to show it. Make sure it's nice, clean and presentable. Try to get multiple applicants to come at the same time. This saves you from having to keep going there to meet one person, and it also helps handle no-shows.
Check Out Your Applicants
When someone's interested, having them fill out an application. Once you've got it, you're ready for one of the most important steps. This is one of the major jobs of a rent realtor-the background check.
Before the wonder of the Internet, only a rent realtor had access to this information. Now, anybody can run a background and credit check if they have the necessary information from the applicant. There are specific sites online that are tailored to landlords. They charge a small fee and allow you to check the credit history and background of anybody who applies. The small fee is well worth it. This is the most important step of all.
Choose the best applicant and arrange a lease signing. Deposit the checks, and you're all finished. Change the locks and make sure your new tenant is all settled, and it's done.
Renting a property without a rent realtor just means handling paperwork, listings and showings by yourself. If you've got the time and you want to handle it yourself, it's easy.
What A Realtor Does
He does a number of things for you, and these are all things you can handle yourself if you're willing to put the time into it. They'll list the property for you and handle the applications that come in. They work as the middle man between you the landlord, and your tenants.
Handling the job yourself puts you in complete control of everything. This way, you can review all the applications yourself and really get to know who you're renting to. Let's look at the steps for doing it yourself.
List Your Rental Property
The first step is to list your property in your local apartment or condo listings. There are magazines available with houses for rent, as well as websites online that offer regional rental properties. You can also try classified sites and put an ad in the paper. The more places you list, the better your chances of getting the word out to potential tenants.
Show The House
Once you start getting calls about the place, make appointments to show it. Make sure it's nice, clean and presentable. Try to get multiple applicants to come at the same time. This saves you from having to keep going there to meet one person, and it also helps handle no-shows.
Check Out Your Applicants
When someone's interested, having them fill out an application. Once you've got it, you're ready for one of the most important steps. This is one of the major jobs of a rent realtor-the background check.
Before the wonder of the Internet, only a rent realtor had access to this information. Now, anybody can run a background and credit check if they have the necessary information from the applicant. There are specific sites online that are tailored to landlords. They charge a small fee and allow you to check the credit history and background of anybody who applies. The small fee is well worth it. This is the most important step of all.
Choose the best applicant and arrange a lease signing. Deposit the checks, and you're all finished. Change the locks and make sure your new tenant is all settled, and it's done.
Renting a property without a rent realtor just means handling paperwork, listings and showings by yourself. If you've got the time and you want to handle it yourself, it's easy.