National Agents:
Provide a CMA showing current rentals on the market and others that have recently been rented. That is the CMA that helps determine the rent amount.
Have your client sign the Exclusive Right to lease agreement that you have prepared previously for them to sign.
Input data into the MLS stating the tenant pays all utilities and takes care of minor maintenance items.
When applications come in, together you will analyze their salary and income. You will have National Realty do the credit check to provide credit scores.
What would be the commission? The full commission the owner would pay is one month’s rent amount. 75% to Listing Broker and 25% to Tenant Broker.)
This has been another exciting Training in a Minute.
Keith