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Rainmaker
1,549,705
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I do, but it is a terrible use of the time. Today I had an appointment that sounded like a solid tenant to be for my listing and she did not even show up, even I asked her to call/text/email me if she is late or needs to cancel. What a waste of time!

Jun 23, 2015 04:54 PM
Rainmaker
1,683,406
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

I don't do rentals.

Jun 23, 2015 01:51 PM
Rainmaker
2,442,569
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

In Indiana you have to have a property management designation to work in rentals.

Jun 23, 2015 01:01 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

No and No

Jun 23, 2015 12:43 PM
Rainmaker
420,793
Cindy Davis
SD Home Source Realty - San Diego, CA

I don't. In my city, agents only get reimbursed $200 for a rental. I'd rather spend my gas and time on buyers since the commissions are so much better.

Jun 23, 2015 12:09 PM
Rainmaker
699,177
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

We do not do rentals at all.  There is a real problem here in Naples with rental agents.  There are very few because our rentals are usually 3 months seasonal the agents do not get paid for at least a year after doing a rental.  No one wants to do that, understandably.  When I get calls I formerly would try to help but now I just say, no.

Jun 23, 2015 12:08 PM
Rainmaker
4,799,701
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I do not.

Mar 11, 2019 07:38 AM
Rainmaker
161,439
Morris "Bill" Austin
Team Price Real Estate - Dripping Springs, TX
Exceptional service is my standard expectation.

Debbie & Others,

Do I market myself as a leasing agent? No. Do I do some leasing? Yes. Is it a good use of my time? Sometimes.

If a past client calls on me to help a someone I do it.

If a client purchases homes through me I list their lease property.

If I get a call asking about leasing outside these parameters I have a strict method I use in pre-qualifying the lead.

1) Price point nearing $2,000/mo

2) Must be ready to move in within 30 days.

3) No aggressive bread dogs & preferably no pets at all.

4) I question the funds needed to acquire the lease. First Month $, Security Deposit $, Pet Fee $ and application fee$?

5) Talk about commitment to me. I collect the non refundable application fee of $50 on first visit.

Jun 24, 2015 12:03 AM
Rainmaker
1,136,116
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

These days I don't often get the call for rentals but when I did it was an excellent segue into a sale in the not too distant future. What's more it was typically one, two, three, lease so the process is much less tedious finding their rental home and commissions arrive in days rather than months..  

Jun 23, 2015 11:37 PM
Rainmaker
458,062
Brenda J. Andrew
ULTIMA REAL ESTATE - Willis, TX
Professional Realtor in Corpus Christi, TX

I try to avoid showing rental properties, unless it is a client, friend, or someone from church.  Otherwise it is a waste of time - unless it is one I manage.

Jun 23, 2015 10:35 PM
Rainmaker
1,440,381
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Here yes as most rentals on the MLS are over a $1000 a month and generally are qualified buyers in the future.

If not prequalified no.

Jun 23, 2015 10:35 PM
Rainmaker
4,437,778
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I do not show rental property--in most cases, I'm lucky to see $100 at the end of the transaction. That no where near covers the cost of my time. I have rental agents who take care of my clients who need some rental help.

Jun 23, 2015 10:22 PM
Rainmaker
3,889,908
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

We don't go after it, but when we get it we figure it pays for gas for a couple of weeks!

Jun 23, 2015 09:50 PM
Rainmaker
4,305,044
Richard Weeks
Dallas, TX
REALTOR®, Broker

Yes.  Especially if it is a referral.  And shame on me if I don't put them in a house in a year.

Jun 23, 2015 09:40 PM
Rainmaker
2,507,310
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Debbie. I hope my agent doesn't feel that way, as I buy multifamily homes on a regular basis to flip.

Jun 23, 2015 06:32 PM
Rainmaker
921,762
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Debbie - I used to show rental properties, and was glad to help people out who needed a place to live. The money wasn't great, but I liked the feeling of helping someone.

These days, I have tried a couple times lately to help clients looking to rent. The problem is nobody is putting their rentals on the MLS anymore, so you have to search all these other sites to find rental properties. Secondly, none of these property managers are offering any referral fees, so I would be doing this work for free. I enjoy helping people no matter what, but I can't afford to work for free.

I just recently have decided not to help renters anymore because there is absolutely no money in it, so no I do not show rental properties.

Jun 23, 2015 03:58 PM
Rainmaker
2,224,167
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I don't do anything with rentals. I leave that up to our property manager, but I have been known to show a few when he's out of town. I'm a team player and I help out when I can. The favors always get returned. 

Jun 23, 2015 03:31 PM
Rainmaker
1,771,542
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

not really Debbie. I only do it when I have to and are always courteous to the people.

Jun 23, 2015 02:55 PM
Ambassador
3,071,692
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I did property managment when I started in this business, but I hated the amount of work for the money so I got out of that part of the business.  Now I just refer out.

Jun 23, 2015 02:35 PM
Ambassador
5,703,432
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Sometimes I do, and no it generally is not a good use of my time, best to delegate this task when possible.

 

Jun 23, 2015 02:11 PM
Rainmaker
1,179,443
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Often owners are not skilled to screen tenants. One still makes decent money for short showing & presentation. 

Many agents do not pay on time.  Often they try to put off until collection agency or lawyer gets on their case.

Jun 23, 2015 12:21 PM