102 Fallsgrove Boulevard
This post was adapted from Rental Report: Should Renters Use a Real Estate Agent? You can find the original post, here.
Overwhelmed by searching for a rental in the D.C. market? Maybe you should enlist the help of a real estate agent. What’s the advantage of working with an agent in your search?
Expertise. If you’re new to the area, the expertise of a local DC agent could save a lot of headache and stress. A local agent knows the area, knows the properties and can act as a matchmaker finding a great rental in a DC neighborhood you’ll enjoy. You may not have a lot of time to actually spend in the areas you’ve researched. An agent can talk with you and find out what is important to help steer you to the right neighborhoods based on your wants, needs and hobbies. Your perfect neighborhood may be one you never considered.
More Options. When navigating the rental market alone, you’re limited to your research, apartment websites, Craigslist and whatever else is at your fingertips. An agent is going to have access to properties listed on the MLS. They can research the buildings and schedule showings for the apartments of interest. While you may be able to find properties on the MLS without an agent, you’ll have to contact the listing agents and arrange the showings on your own. Rental agents may also know about the specials coming up at particular buildings before they are made public, helping you score a deal on your apartment.
Representation and Cost. Ask the agent to provide a disclosure that they represent you to the landlord. With this, the agent can help you negotiate and understand the terms of your lease. It is beneficial to find an agent who is licensed and who specializes in rentals. This way you are sure to find a professional who understands your needs and is willing to take the time to work with you. You want someone who is going to listen and find you a rental that will make you truly happy.
Time. A rental agent can save you time. Again, they know the area, they know what buildings meet your criteria and they also know the current rates and availability. They make the calls and set the appointments for you, saving you countless hours.
What else you need to know. Most rental agents don’t work with all properties and landlords in the area, so keep that in mind. That’s why they might tell you they can’t show you a particular building but they should be able to tell you how it compares to what you have seen. See our article on “Insider Tips from a Rental Agent” for more helpful information.
If you are ready to start your DC search with an agent today, contact us here.
