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How much does it cost to hire a realtor to help find a rental?

  • May 31 2013 - Houston
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Answers (11)

Profile picture for cml nana3
Are there any Realtors for hire in the Bandera- Hill Country, Lake Hills Texas Areas?
  • December 04 2014
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We collect our fee from the landlord/seller. Our services to our clients are typically free.
  • September 06 2013
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The Listing Broker will pay the renter's agent to bring them a tenant. Traditionally, it is the newer agents who work the rental market because they pay is not very lucrative. If you get an experienced agent to help you, they may charge you an upfront fee to cover gas costs of driving you around town. At least that is what I have seen here in Texas.

  • June 04 2013
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Profile picture for Michael Mei
Landlord pays the Realtor that helps you find a rental.  Though mainly the Realtor will look through the MLS.  Otherwise your Realtor might not get paid anything if it is off MLS listing.  If a Real Estate agent asks for compensation upfront, I would use someone else.
  • June 03 2013
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Typically the Landlord pays the brokerage fee, so it costs you nothing to have a Realtor assist you with finding a rental.  As a matter of fact it can cost you more not to have a Realtor represent you. Listing agents, property managers, and leasing agents work for the landlord and are obligated to do what's in the landlord's best interest. 
  • June 03 2013
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Profile picture for EricBickel
In an competitive market I recommend at least having a realtor search active listings for the renter.  I'm running into renters calling me asking about a rental they saw on this website and when I go to check it's gone. A Realtor can search the most recent and active listings in your area on MLS at no cost to you.  
  • May 31 2013
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It cost the renter nothing. The agents get paid by their broker who gets paid by the landlord once the deal is done. In most cases the commission is one months rent split 50/50 but I have seen it less in some cases.
  • May 31 2013
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Profile picture for wetdawgs
It is only "Free!!" to the tenant IF the landlord agrees to pay the agent fees.  Many landlords have no problem finding tenants on their own, so do not contribute approx 10% of their rent to agents.

  • May 31 2013
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In the Chicago market it is common to charge one months rent on a year lease, with approximately 1/2 of that amount being offered as co-operating commission to the agent who brings the tenant.
  • May 31 2013
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Profile picture for Owens Realty Group
It's free!! There is no cost to have a real estate agent assist you with the purchase (or lease) of real estate.
  • May 31 2013
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I'm not certain about all states, but in MD, DC, and VA, it doesn't cost the renter a thing to employ a realtor in the search. Most (not all) landlords pay agents. In my area, several rentals are listed in the multiple listing system.

Hope this helps!

Everett
  • May 31 2013
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