Our rental department works to bring landlords and qualified tenants together, efficiently and carefully. Refer to the following paragraphs for information on rentals. Landlords: List your rental property with Phipps and benefit from superlative marketing strategies, thorough documentation and tenant screening services. I will put your property, with pictures and video, online for the world to see. We show the property. Then we process the applicant. You do not need to hear from us again until we have applications and tenant screening complete. Check for first month’s rent in hand. Assuming we have an agreement, leases are signed and terms are met. Tenant receives the keys and leasehold possession, you collect rent and begin or continue your journey as a landlord. Hopefully we can meet to do business together again in the future. Rental Listings. Contact Ian or fill out the form on the right side if this page if my services interest you. Search Rental Properties Tenants: If you request an agents' services, you will view more properties, see more prices, and they will walk you through the documentation from the initial application to the endorsement of the lease agreement. An agent will find a good/fair deal according to your wants and needs. Disclosures: Real Estate salespeople and brokers are required by law to disclose pertinent facts about a property to the best of their knowledge. Often time agents will not offer such information if it is not asked of them. Know what to ask. Know exactly what you are paying a month, including rent and utilities. Know everything you can about the property. i.e. history of water damage, type of heat, lead paint, mold, any easements, parking, how the neighborhood is, etc. Look for such things when you see the property, ask the agent if there's anything worth asking. Real Estate Brokerage Fees: A Real Estate salesperson earns a fee for assisting a client in completing a goal. If that goal is not reached, a real estate agent or a Realtor earns nothing. Landlords and property managers often times contract Real Estate agents to market their property and to find tenants or leases. Brokerage fee standards are one month’s rent for a 12 month lease (add or subtract half months in direct proportion to the duration of the lease). Often times the landlord will offer to pay part of the fee or the full fee, but it is also frequently the expense of the tenant. Agency: Our task as Realtors is to represent the interests of our principal. Who did we work more for in a particular transaction? Such a fee is significant enough to account for it in the transaction. Ex1. $1000/month + Real Estate fee for one year lease = $13000/yr tenants’ expense Ex2. $1050/month and landlord pays full fee for one year = $13200/yr tenants’ expense (security deposit will be returned assuming you renters destruct beyond normal "wear and tear") ask any questions phippsian@gmail.com |
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