DUFFY’s Rental Options
Should you rent your home instead of selling it? DUFFY offers two different rental-placement options. Review the responsibilities, fees, and level of support before choosing.
Option 1: Flat-Fee Rental Listing
DUFFY lists the property for rent in FMLS and GAMLS for three months. The listing can syndicate to third-party rental websites. GAMLS does not allow the home to be listed for sale and rent at the same time.
Cost and responsibilities
- $500 paid to DUFFY when the property is rented
- You choose the commission offered to an agent who brings the tenant; $500 to one month’s rent is typical
- You handle inquiries and showings
- You screen applicants and prepare the lease documents
Option 2: DUFFY Tenant Placement
DUFFY advertises the property and searches for a highly qualified tenant. This may fit renters who need temporary housing because of a transfer, limited purchase inventory, a home under construction, or time to learn the area.
Screening may include
- Tax returns and bank statements
- Employment verification
- Prior-landlord verification when applicable
- Credit and other qualification review
Fees and deposits
- One month’s rent collected as the security deposit
- DUFFY’s advertising and renter-screening fee is one month’s rent
- Shorter lease terms may justify a higher rental rate
Selling and Renting at the Same Time
You may continue evaluating both buyer and renter opportunities where the listing-service rules allow it. If you choose a renter and later return to the for-sale market, DUFFY can discuss the available relisting options based on your existing marketing arrangement.
After a Tenant Is Placed
DUFFY does not provide ongoing property management after tenant placement. You may manage the property yourself or discuss outside management resources if needed.