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Great Morning at the REIQ !! Lots to learn, and a great breakfast provided . This mornings Property Managers Meeting was all about the RTA and what has been keeping them busy when it comes to disputes between landlords and tenants !! Some good points and notes to hear
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Www.rentaltrends.com.au .
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NEW LISTING! $239,900
3 Catherine Street, East Haven, CT
Fabulous investment property. Off street parking, Corner Lot, Ocean view, minutes to deeded beach rights! Close to restaurants & bus-lines! -203-507-3842
Kaerus Property Group, LLC
920 Foxon Road, East Haven, CT
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Real conversation with a rental applicant's "agent".......
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Some stories are just too good not to share.
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The Stealthy Rich have a vacancy we are trying to fill and it's listed on our local MLS, which every real estate site pulls from (i.e., Zillow, Trulia, hot pads, etc.).
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This happens all the time.
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The Stealthy Rich are contacted directly by a potential applicant. We answer questions about the requirements, the neighborhood, the house, and the applicants ask to be shown the home.
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After seeing the home, they ask for an application and what the process is to move forward and apply.
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The Stealthy Rich send them the application, it gets filled out, and then we get an email from the applicant's "agent" with the application documents attached applying for the home.
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This happens all the time to all agents that list homes. This is not unique to rentals or The Stealthy Rich.
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Agent commissions on rentals in our area are 50% of the monthly rent. That's $650 on this one. The Stealthy Rich pay this commission all the time when agents bring clients that rent the homes we list.
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In this case, The Stealthy Rich's team did all the work, and the applicants "agent" is swooping in to collect the commission.
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Normally, The Stealthy Rich roll their eyes and do not say anything, pay the commission and consider it a cost of doing business and playing the game.
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This morning, on the other hand, The Stealthy Rich got a wild hair and took a stand that is documented in the above text conversation.
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Maybe it was a little extreme, but 10 minutes later the applicant emailed to inform us that they no longer had an agent and wanted to proceed with the application directly through us.
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The applicant has since been approved and will be moving in on May 6th.
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