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.
Perky_REALTOR
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.
super realtor
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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