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Reload this Page Do I pay a broker fee for renting my house out? (credit check, tenants)
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Old 05-26-2009, 10:29 PM
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Default Do I pay a broker fee for renting my house out?
Not sure how it works. Anyone know?
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Old 05-26-2009, 10:38 PM
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Depends on how you set it up. Some property management types charge a monthly fee to collect rent, harrass late-payers, deal with any repair issues, and forward the rent to you. When necessary, they find new tenants.
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Old 05-26-2009, 11:50 PM
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Yes you pay a fee to broker to list it and screen potential tenants i.e. background check/employment verification/credit check etc. Then if you want a broker to manage the property for you ie. collect rent, arrange for repairs etc. you would have a separate agreement for that.

Naima
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