Why you need a realtor when renting an apartment

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27.08.2024

Renting an apartment in any city for a long term can be done either independently or with the help of a realtor. Homeowners and tenants do not always understand what benefit a real estate agency can bring to this process. Let's take a closer look at why a tenant and landlord need a realtor and whether you can do without the help of professionals.

Why a tenant needs a realtor

Since the demand for renting an apartment in big cities is high, and there are not so many good offers on the market, the situation is such that the tenant pays for the realtor's services when renting an apartment.

All this leads to the fact that many tenants have a question - is it worth using the services of an agent, if you have to pay a rather impressive amount for them? The commission of realtors in most cities of Ukraine is 50% of the monthly cost of rent. The answer to the above question is different for everyone, but there are still advantages for future tenants when cooperating with a realtor.

Here are a few reasons to use the services of a realtor when renting an apartment:

  • saving time - the tenant describes in detail what kind of apartment he would like to rent for a long term, and the realtor is engaged in its search, including negotiations with the owner of the living space;

  • saving nerves - when searching for housing on their own, tenants have to visit all objects in a row, as it is not always possible to find out all the characteristics of the apartment before viewing, moreover, it is often only during the meeting that such conditions as "no children" or "no pets" become known;

  • limited number of objects - it is quite difficult for tenants to find many variants of apartments for rent, while the agent may have his own database of housing for rent and it is enough for him to simply contact the necessary landlord and agree on viewing;

  • Competently drafted rental agreement - when renting an apartment independently, the parties often do not sign an agreement or sign an agreement drafted according to a template from the Internet, while a realtor can provide his competently written template of the agreement, which will protect the interests not only of the owner, but also of the tenants;

  • appropriate bargaining - the realtor can convince the landlord to reduce the rent and write it in the contract, if the tenants plan to rent the housing for a year or longer, want to make cosmetic repairs at their own expense, etc..;

  • safety - a specialist knows how to check the landlord of the apartment and what documents to look at to make sure that there is no fraudster in front of him, whereas when renting independently, the risk of being left without rented accommodation and money is much higher.

All this can be obtained if you contact a competent realtor. With a specialist it is realistic not only to find suitable housing faster, but also to go through the whole process calmly and without the risk of losing your money.

Why a landlord needs a realtor

When renting out an apartment, the other party may also wonder - do you need a realtor to find tenants? An agent's help in finding tenants is important too. If there are still doubts, here are good arguments for the landlord why it is worth contacting a realtor:

  • the specialist will correctly evaluate the apartment, so as not to miss the benefit and not to look for a long time for clients, and can also suggest what to improve in order to put a higher rental value;

  • the realtor will make high-quality and detailed photos of the apartment and will make a proper description of the object to attract more potential tenants;

  • each agent has its own database of tenants, that is, with him to rent an apartment can be much faster - often the whole process takes a few days;

  • the owner of the apartment will not have to answer numerous calls and tell the same story every time when dozens of interested people start calling the ad;

  • the owner of the apartment does not have to show the apartment to potential tenants himself, he can entrust this to the realtor, handing him the keys and doing his own business at this time;

  • the real estate agency employee also undertakes to check the identity of the future tenant in order to avoid conflicts and trouble in the future;

  • the realtor offers his own template of the contract, which protects the interests of not only the tenant, but also the owner of the apartment.

If it is decided to cooperate with a realtor, it is best to contact a real estate agency at once, and not to place an advertisement for renting an apartment on online platforms. Otherwise, it will be intercepted by other agents and then it will not be possible to avoid dozens of persistent calls.

An important advantage of the landlord's cooperation with a realtor is the absence of commissions, since the work of the specialist, as mentioned above, is paid for by the tenant.

Is it possible to do without a realtor?

It is always possible to do all the work yourself: the tenant can find a place to live without help, and the landlord can also look for tenants. But the other question is whether it makes sense. Without the help of a specialist, there is a great risk of falling into the hands of fraudsters and being left without a large sum of money. And the absence of a properly drafted contract will not protect you in such a situation.

Without seeking the help of a realtor, the tenant and the landlord "agree" that they will spend quite a lot of time every day to accomplish the task at hand. Finding an object to rent or tenants for an apartment is a time-consuming process, in which often you can not do without nerves.

If there is no desire to waste your time and nerves, and you want to protect yourself as much as possible, it is best not to refuse the help of a realtor. The real estate agency "Mayak" employs qualified agents who know how to rent an apartment quickly and how to find comfortable accommodation for a tenant. The agency also has a team of lawyers: experts will work out a lease agreement that will take into account the interests of both parties.

Need help with real estate?Contact us!Reach out to Mayak Real Estate Agency for a professional consultation on buying, selling, renting, or investing in property.
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Kateryna PestryakovaOffice manager
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