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Can anyone recommend a rental broker? My fiancee took a job in Pineville and we are trying to find a basic 1 bedroom apartment near there for 6 months to get by while we learn the area. Trying to find this ourselves has proved to be quite maddening. The couple apartments we are trying to work with are ran by big property management companies that keep changing the rent, fee, and deposit amounts on us as we go through the application process. I'm getting tired of dealing with it. We are out of state, making the whole situation even more painful.
A lot of real estate brokers do NOT work rentals bc. they are not compensated for their time by the listing broker. Some rental brokers are charging retainer fees.
It will be difficult to find a 6 month rental right now if it is not in a complex. Private owners will usually want a year lease, especially this time of year. Likely they wont want to have to be looking for a new renter in December/January.
Most rental agents take a lump sum, often the 1st months rent for promotion and vetting expenses and then a percentage of the gross rent. This makes it difficult for an owner like me to agree to a lease term of less than 1 year because I lose a months rent every time a tenant change happens. I use the money received to supplement my retirement income so I strongly favor longer leases.
I pass the above on so that potential short term renters understand the other side of the coin.
Last edited by SunnyKayak; 05-31-2014 at 06:43 AM..
Most rental agents take a lump sum, often the 1st months rent for promotion and vetting expenses and then a percentage of the gross rent. This makes it difficult for an owner like me to agree to a lease term of less than 1 year because I lose a months rent every time a tenant change happens. I use the money received to supplement my retirement income so I strongly favor longer leases.
I pass the above on so that potential short term renters understand the other side of the coin.
The only way around it is to increase the monthly rent for the 6 month (add the extra expenses and divide by 6). This should be about 20-25% more per month (includes preparing place after 6 months).
You could try doing a search for Corporate Apartments on zillow or one of those sites as generally that will lead you to places that offer alternatives to a one year lease. We lived in an apt. off Sharon Road West and Park (Waterford Lakes) that did less than a year. I don't think anyone does less than a year on rental homes these days. Good luck!
Bumping- any rental brokers to suggest? I've read other posts on here from people who have used one.
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