What is the Commission when renting an apartment? Features benefits, payments and guarantees

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2018-08-15 15:00:41

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Anyone wishing to rent housing with certain guarantees will apply to the special Agency. Guide to real estate transactions is always the realtor. Naturally, his services are not free. Try to understand what is the Commission when renting an apartment, as she is paid and guarantees.

What is the Commission when renting an apartment

Basic concepts

What is the Commission when renting an apartment? This is the normal remuneration for services rendered by the intermediary, that is a realtor. Typically, they include:

  • Selection of variants according to the voiced needs of the tenant;
  • Presentation of selected objects, often with a visit to the site;
  • Negotiations with the property owner (or his legal representative);
  • The conclusion of the contract with the direct involvement of the employer.

In addition to this, the realtor will always help you to assess strengths and point out weaknesses for each of the options, tell me how to check the serviceability of technical equipment. And the main reason to pay a realtor – a huge amount of time saved and money that is typically wasted during the independent search.

Will distinguish

From the aforesaid it becomes clear, what is the Commission when renting an apartment. This amount is paid once when renting a property. It is important not to confuse it with the monthly fee for hired housing. There are two types of these bonuses:

  1. When renting a property. In this case, the lump sum is paid by the customer receiving the right to live.
  2. Upon delivery of the property. Here the Commission is paid by the owner of the premises.

In the first And in the second case the amount includes the drafting and signing of bilateral agreements.

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What is the Commission when renting an apartment how to pay

What is the security Deposit

This concept also confuses people, ignorant of the intricacies of civil-legal transactions. Therefore, it should be noted that the Deposit and the Commission when renting an apartment – it is absolutely different concepts. If the first – it is a reward to the agent for his work, the Deposit – the owner of a certain amount of money, which ensures order and safety of property in a hired room. Variations of bail set. For example, the owner requires to pay for the first month of use, last before move in. That is, the collateral-this kind of insurance is only available to the owner. The mediators of the transaction to the amount of collateral do not have a relationship.

Who pays

According to long-established traditions, the Commission for the services rendered by the realtor is paid by the employer real estate. This award is informally called “low” (that means that the 50 Commission when renting an apartment). This works for rooms low price category and partially average on the secondary market.

For luxury real estate with a priori quite high rents all Commission payments (referred to as “elevated”) are levied on the owner of the premises. Because often we are talking about business. That is for rent not only housing premium in new buildings, but also corporations, factories, companies (entities for carrying out entrepreneurial activities).

In rare cases by prior arrangement reward both sides of the transaction equally divided.

Issue Price

What is the Commission when renting an apartment, we decided. What is its size? By unwritten rule, the remuneration depends on the assigned rents and the type of the deal. Less likely to include amounts for participating partner agencies. The cases of increasing the amount of remuneration for the most liquid options selected estate.

What is the Commission when renting an apartment

The Commission Therefore may vary in the range of 50–100% of the amount.

Sometimes realtors do discounts. For example, if the client has agreed to the first proposed version. On the question of how to calculate the Commission when renting an apartment, in one Agency will not give a sensible answer. Too many of his constituents and, most importantly, the personal interest of the agent.

Rules payout

They Usually are prescribed in the agreement between the realtor and the client. Establishes procedures for the receipt of payment by the Agency. Immediate payment needs to occur after the signing of the agreement and transfer of keys from the premises.

The Installments for the payment of a fee when renting an apartment (which is, see above) does not exist. She clearly paid on time and in full.

Here, we note that the Agency has a solid reputation and many positive reviews, will never require to pay a fee before signing the contract. If suddenly this happens, then most likely it is a Scam.

Required documents

To confirm the seriousness of their intentions to the owner of the premises need to provide:

  • The document proving the identity;
  • The consent of all registered residents (if any) made in writing on a form and notarized.
  • A certificate from the management company/housing Department on all registered at this address, or a certified extract from the house register;
  • The contract of employment (if the room is not privatized);
  • Certificate of ownership/deed of gift orsale.

On the basis of documents drawn up a rental agreement, after signing which is paid a Commission customer, when renting an apartment (which is, see above).

Signing the contract

The First thing to note, the agreement should be called Contract, in any case not Lease. In accordance with the Russian legislation, only the employment contract entitles the renter to use the removed premises.

The Tripartite signing of the contract automatically recognizes the legitimate transaction. That is a sign it three persons: the tenant, the owner of the premises and a realtor. In addition, this agreement contains all the necessary information about the parties signed it, as well as the terms and other conditions.

Key points

Well-formed document must include:

  • A full description and the name of the transaction;
  • Data of passport for each signatory;
  • The amount of payment and the procedure for its payment;
  • The characteristics of the leased premises: address, area, etc.;
  • The rights and responsibilities of each party;
  • Terms of payment for utility services;
  • The circumstances of the termination of the agreement.

What does the Board 50, when renting an apartment

By consent of the parties to conclude the agreement it can be added any necessary items. For example:

  • The requirement for invariability of monthly rental payments;
  • Inventory;
  • Responsible parties for damages;
  • Penalties;
  • The Foundation and rules of settlement of probable damage;
  • The possibility of staying in a hired room.
  • A ban on the transfer of real estate to third parties;
  • Dispute resolution, etc.

The Agreement comes into force since its signing of the tripartite. And only after that, according to the rules, must be paid in Commission to the agent when renting apartments.

If the agreement is for a period less than one year, not need to register it. But if the end date of the contract is not registered, he is automatically considered to be valid for five years.

Responsible For what a realtor

What is the Commission when renting an apartment, figured out. And a man who knows his job and carrying the responsibility, to pay it is not a pity. Therefore, addressing the facilitator, need to know, for which he is responsible.

In the first place – selection of variants for the specified client parameters and drafting the agreement. Additionally, the realtor can offer to sign a subsidiary agreement on selection of spaces corresponding to the optimal requirements. This document gives the right to the tenant in case of detection of any discrepancies or problems to contact him working with the agent and request to choose another option. Moreover, this service is no longer paid.

In the end the payment of Commission to the agent when renting an apartment (which means, see above) provides a guarantee of legality of made transactions.

Try to save

In today's economic climate many people don't want to overpay, you do not want to have to pay a realtor. But in this case it is necessary not only to find, download and correctly fill out the form on the employment premises. There are a lot of small nuances, which the ignorant person simply can not know, in addition, in this sphere there are a lot of scams.

What does the Commission to the agent when renting an apartment

Most Often so-called owner assures the tenant of their rights to the property. Later, for example, you may find that this is just an unscrupulous relative, not even with the banal agreement on the leased premises. It happens and worse. For the rented room already made preliminary payment of the Commission when renting an apartment (which means, see above) and the collateral and to settle does not work: the housing is already occupied. And these examples are not the worst that could happen.

The document is also to be on their own difficult. It's quite a meticulous procedure: in addition to the main items in the agreement need to spell out the rights and obligations of the parties, payment procedure and so on. Moreover, any ambiguity could give unscrupulous party transactions the ability to change the meaning of written and interpret it differently.

Though there is the rejection of the services of a realtor and the pros. The Agency Commission when renting an apartment without the involvement of third parties, that is, directly: the owner – the tenant will not be more than 60%.

Be careful

Any agreement concluded with the Agency, you should carefully consider before signing. For example, it may happen that the owner will be a figurehead or organisation engaged in dishonest transactions. In this scenario, the paid fee in case of sudden termination of the contract will not be refunded. But in the case of unforeseen circumstances can require you to return (if necessary, even through the courts).

What is the client's Commission when renting an apartment

You need to Pay attention and to the section "ownership rights" in the relevant document. The best option for the tenant is the entry “property”. Legally, it means only one thing: the property is not divided into shares and the owner is single. If the situation is different, there is a chance of litigation and other troubles from the rest of the premises. To be safe you can requirerealtor to draw up and sign an agreement with all participants in the equity section.

Another interesting thing – a hidden fee. Clever agents are transparent to the client in the transaction value include its reward. For example, on fixed Deposit “quietly” added reward to the agent (in this case, no hesitate, jumped 100%). In the end, “everyone is happy”: the owner has received the Deposit, the Agency – their interest, and the employer all paid.

In a situation when an agent prefers to receive money for their work from both parties and the employer agree, contracts should be drawn up two. The first is hiring the room (with the signatures of the lessor and the owner), the second between the Agency and the person removing the property. The latter, at the request of the specialists of the company, may be called Contract search services, etc. But it will be one – to provide services for the selection of properties on the specified parameters with the aim of reaching agreement about hiring. All these details should be spelled out in the documents.

Special attention should be paid to the paragraph about the moment when service will be deemed completed. As the employer expects that the completion of the transaction (the final result) – the signing of the contract of employment, it is in his best interests to prescribe in the document that the services rendered are recognised upon signing of the retainer agreement with the direct owner of the premises. Otherwise the tenant may be between heaven and earth: the obligation to pay for the services of a realtor has already occurred, and the contract is concluded, even there is no guarantee that it ever will be.

It is equally important to specify in the contract and the event of early termination by reason of tenant-independent. In this case, the Agency guaranteed and without any additional payments to provide re service and find a suitable option.

Pledge and the Commission when renting an apartment it

Post scriptum

The Agency with good reputation and solid experience, preparation of documents and payment fees in accordance with all norms of the Russian legislation, which guarantees the integrity of the transaction. So the basic rule of a lessee-in any case do not pay in advance!


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Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."

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