Comments on: Got a new tenant for Condo #1

By: Breadman

Breadman — Thu, 12 Apr 2007 04:19:24 +0000

I’d pay her for the reasons mentioned above. However, I would first explain your situation and say basically what you wrote here–that you thought you were already in contact with Mary, but that you would pay her because you are man of your word. That way the realtor KNOWS that you are paying her because you are keeping your word NOT because she deserves a finder’s fee.

By: Andres

Andres — Thu, 12 Apr 2007 01:07:09 +0000

I’d pay her just to create a relationship…. if you are nice to her now she could probably think about you next time she has a renter… next time you talk to her mention your other properties so she checks with you for the next renters. In any case, congrats in renting the place this quickly without losing rents.

By: Kenric

Kenric — Wed, 11 Apr 2007 18:48:21 +0000

The reason I’m hesitant to pay the fee is because I don’t feel that I need a realtor’s help to get this rented. The demand for this building is pretty high. However, you know what they say, “a bird in hand is better than two in the bush.” So I’ll take the first qualified person no matter what. I think that she was just happy that I was going to pay her anything. She seemed like a nice realtor that would have given me the info if I said no.

By: Shawn

Shawn — Wed, 11 Apr 2007 15:24:52 +0000

I agree with exacty what Shaun said. Plus you have to protect your business honor in the eyes of the agent.

By: Shaun

Shaun — Wed, 11 Apr 2007 14:54:46 +0000

I’d pay her. It’s not much and creates some goodwill. But you might also let her know her client already contacted you directly, but you’re paying her anyway. Anyways, she did do some work in pulling the credit report and background check. I don’t know if future agents will go for the $200 fee. If they do background checks and credit reports, that’ll probably eat up 1/3 of that amount.