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#305673 - 09/09/09 01:55 PM Listing Rentals on Website FREE
FLIPPERTON Offline
Member

Registered: 07/31/07
Posts: 115
Loc: USA
Anyone doing this or is there a liability to this. We would be listing the properties and then getting the renter together with the owner and not brokering any part of the deal. I really don't want to be in the rental business but this be a good service to provide.


Edited by FLIPPERTON (09/09/09 01:57 PM)

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#305742 - 09/10/09 07:45 AM Re: Listing Rentals on Website FREE [Re: FLIPPERTON]
Perky_REALTOR Offline
Mod Squad
Major Contributor

Registered: 11/27/06
Posts: 7685
Loc: PA
I think it's a PITA myself. I refer people who are looking for rentals to Craigslist and other local online message boards...by having it on your site you're going to get a flood of people contacting you wanting you to find them the perfect rental and taking your time away from clients who will actually buy something.

(voice of experience here)

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#305833 - 09/10/09 05:10 PM Re: Listing Rentals on Website FREE [Re: Perky_REALTOR]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8392
Loc: georgia
Yep before adding anything you have to know how you will make money off of it.

Now you could show a FREE FSBO's online and then when it's not working for them they will come to you to list a majority of the time.

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#305840 - 09/10/09 07:02 PM Re: Listing Rentals on Website FREE [Re: super realtor]
FLIPPERTON Offline
Member

Registered: 07/31/07
Posts: 115
Loc: USA
Like that idea also..thanks Super! Wasn't sure if there was ever a chance to convert the landlords to list and sell???

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#305842 - 09/10/09 07:17 PM Re: Listing Rentals on Website FREE [Re: FLIPPERTON]
Doin' bpose Offline
Major Contributor

Registered: 01/26/09
Posts: 2868
Loc: Old Dominion
Around my parts the Army has a rental site. Much better and safer than craigs list. I would put my efforts there if it applies to your area.
_________________________
Life's not fair.

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#305853 - 09/10/09 09:07 PM Re: Listing Rentals on Website FREE [Re: Doin' bpose]
super realtor Offline
Major Contributor

Registered: 05/01/05
Posts: 8392
Loc: georgia
"Wasn't sure if there was ever a chance to convert the landlords to list and sell???"

There might be but with rentals you are looking at property management and that runs up your broker E and O policy a lot on your annual premium and some won't even underwrite you because of it. The reason is their research has shown with that type of policy you have a much higher litigation rate than traditional sales.

I like to keep it simple and focus on sales. The more little things you add in the more that can go wrong.

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#306327 - 09/15/09 12:09 PM Re: Listing Rentals on Website FREE [Re: super realtor]
FLIPPERTON Offline
Member

Registered: 07/31/07
Posts: 115
Loc: USA
I agree Super!

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