Real estate rental agencies serve both owners and tenants

Did you know that real estate agencies offer rentals, too? A real estate agent can help you find a home to live in if you don’t want to become a homeowner. You can also rent a turnkey home through an agency if you need a place that’s already furnished and ready to welcome you. If you are looking for a commercial space or have one to rent out, a realtor can help you there, too.

A realtor can help you avoid many of the hassles of searching for or renting out a property. If you’re a rental owner, a real estate agent can find prospective tenants. The same goes for tenants; a licensed real estate broker can act as an intermediary between you and the landlord.

On behalf of owners, a real estate rental agency can:

• assess the rental value of your property
• advertise the rental by publishing photos and descriptions of it online or in print publications
• manage requests for information and arrange visits to the property
• negotiate with prospective tenants
• do credit and reference checks on tenants
• prepare the lease

Some real estate rental agencies also do all the property management, which means they:

• collect monthly rent payments
• organize incoming and outgoing tenants, and inspect the condition of the premises
• organize housekeeping
• manage monthly and annual income reporting

Property rental agencies represent the owners of residential, commercial and industrial spaces that are for rent on the short- or long term. That’s why if you’re a tenant, a realtor can help you save a lot of time; one phone call can put you in touch with a big network of possibilities. A merchant or business person looking for a strategic commercial location can ask a realtor to help them find a converted industrial building, warehouse or storefront property.

These days, rental agencies commonly use the Web to post their rental properties. With a few clicks you can browse photos, data sheets and prices to find the rental you need. It’s never been easier.