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Similar questions: real purpose estate agency.
One is to handle operation of a property that one owns and rents. Another is to find buyers for a property that one wishes to sell. One can do either of those oneself, but most people either don't want the hassle or don't want to learn how to.
The fact is that finding a buyer can be very difficult (gentleman up the street from here has a very nice house that has been for sale for the past 2-3 years. ) And, yes, in bother cases, the agency gets a piece of the action, a percentage of the money paid.
Real estate management companies act as a buffer between owners and tenants Many real estate owners live very far away from the real estate they own. They hire local managers to handle the day to day operations of residential real estate like maintenance and showing available units. The tenants never receive the owner's contact information, and so the owner does not have to deal directly with tenants.
The management company handles everything, and submits repair bills and rent to the owner. Management companies traditionally require payment of the equivalent of 1 months rent per year to manage the property. Owners can manage their own property (I do), but that can take a lot of time, and dealing with tenants is not always pleasant.It is worth the money to some owners to let someone else do it.
I hope this helps .
1 A) To make money by supplying a serviceB) they have experience and resources that they can leverage. C)the property owner may live over seas, may not want the hassle etcD) Yes a sizable proportion .
A) To make money by supplying a serviceB) they have experience and resources that they can leverage. C)the property owner may live over seas, may not want the hassle etcD) Yes a sizable proportion.
2 It used to be first month of rent, last month of rent and 10%. And they round up a plumber if the water heater goes out at three in the morning.
It used to be first month of rent, last month of rent and 10%. And they round up a plumber if the water heater goes out at three in the morning.
3 sounds like you are asking about a rental agency, rather than a selling agency. The main reason people use rental agencies is that when they use a rental agency, their whole involvement in the process is reduced to approving the tenant, and depositing the checks. My mother-in-law moved to Oregon, from Montana, and rather than sell her home in Montana immediately, she hired an agency to handle the rental.
She gets a check once a month, and if there is a problem, the agency takes care of it. I, on the other hand, when I was renting my house out, didn't use an agency (and didn't select my renters well, but that's a complicated story) so there were several times I had to take a day off work, to repair something that was broken at the house.
Sounds like you are asking about a rental agency, rather than a selling agency. The main reason people use rental agencies is that when they use a rental agency, their whole involvement in the process is reduced to approving the tenant, and depositing the checks. My mother-in-law moved to Oregon, from Montana, and rather than sell her home in Montana immediately, she hired an agency to handle the rental.
She gets a check once a month, and if there is a problem, the agency takes care of it. I, on the other hand, when I was renting my house out, didn't use an agency (and didn't select my renters well, but that's a complicated story) so there were several times I had to take a day off work, to repair something that was broken at the house.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.