DUFFY’s Rental Options
Should I Rent My Home? We have 2 options, you choose which is best for you! If you have any questions just ask us.
Option 1 – Flat Fee Rental
DUFFY will place your home for rent in the FMLS and GAMLS (GAMLS will not allow a rental and for sale listing at the same time). Being in the Multiple Listing Service will populate your rental listing to 3rd party websites to find your new tenant.
The cost is:
- $500.00 to DUFFY due at the time of the rental. We list for 3 months.
- You tell us the commission you want to pay an agent if they bring the buyer. $500 up to one month’s rent is typical.
- You handle all calls and showings with potential tenants.
- You handle all screening of applicants and all contracts.
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Option 2- Let DUFFY Find a Highly Qualified Tenant for You
Renting is a great option for many of our sellers. However, all renting is not equal. DUFFY has super high standards for Renters because we know the consequences when our Sellers rent to less than worthy candidates.
We are seeking super qualified renters who need a holdover for an event: transferred too quickly to find a great home, can’t find a great home due to low inventory, need to test the area, building a home that is not ready, etc…
In looking at your home’s opportunity, our recommended rent for your home is $, give or take the circumstances of the renter. In other words, if they need a shorter lease, the rent goes up.
We will be screening these potential renters with the highest standards:
- Tax return;
- Bank statement;
- Employment verification;
- Landlord verification (if applicable);
- a High Credit Score;
- and more.
We will be collecting one month’s rent Security Deposit.
DUFFY’s fee for Advertising and Renter Screening is one month’s rent.
You may continue to advertise your home for sale and look at the best offer from either a Buyer or a Renter. Should you choose to rent the home, when your Renter moves, we can either find you a new Renter under these terms or you can re-enter the for sale market at no charge because you have already paid your upfront marketing fee.
We have a List of Vendors for your use as a DUFFY client now. When we agree to find a tenant for your home, we will send you a resource wherein you can see the tenant’s insurance, receive rental payments and you can communicate with your Renter.
DUFFY will not manage this property after the placement of tenant but we do have options that we can discuss with you at that time if needed. We would suggest you take it as it goes because most of the time when we ask a Seller when did something break last, their answer is it rarely does. So they choose to manage the property themselves.
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