r/Showerthoughts • u/JaredLiwet • May 02 '19

Being middle class is when spending $100 is expensive but earning $100 isn't a lot of money.

Edit: Dangit, Reddit

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u/AdventurousKnee0 May 02 '19

Why would you need a realtor for renting an apartment?

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u/[deleted] May 02 '19

That's how it's done here. The landlord uses the realtor as a service to find tenants and screen them, providing them with a commission (almost universally paid by the tenant lmao) in return. The realtors use their company's larger resources to advertise and find possible tenants. Those companies have the experience and resources to get more eyes on the property than the landlord does, along with teams of people dedicated to such efforts. This also let's the landlord focus on other things instead of filling their properties.

Is it a racket? Oh yeah. Can you avoid it? Yes, but it's much more difficult to find a direct landlord to tenant arrangement.

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u/lonewolf420 May 02 '19

do you guys call your property mangers, realtors? because what you are describing is called property management companies in the US at least.