The Rental Agent Flashcards
1
Q
What does a rental agent manage?
A
The letting prices for properties.
2
Q
What is the role of a rental agent’s focus?
A
Admin.
3
Q
Who do rental agents work on behalf of? What are they known as?
A
- Property owners.
- Known as ‘principals’.
4
Q
What does the rental agent manage on behalf of the property owner?
A
All dealings with the tenants.
5
Q
4 parts of a rental agents role?
A
1.) Finding & interviewing prospective tenants
2.) Organising contracts
3.) Property management overseeing
4.) Dealing with issues
6
Q
What fee does a rental agent typically charge?
A
A percentage of the rent paid.
7
Q
Which 2 things may an estate agent act as?
A
1.) As part of an estate agency
2.) As an agency that specialises in rentals
