Thanks to the increasing use of the internet and smartphones, there are many businesses such as Airbnb and Uber that have allowed easy access to housing and car rides. Anyone with a home or car can now provide hotel services or be a taxi driver. If you have ever dreamed what it would be like to be a real estate agent or felt that real estate agents were overpaid, READ ON!
Traditionally, if you had a vacant property that you wanted to lease out, you to had to go through a real estate agent. This agent would then gather details about your house, make it more presentable, and take photos. Your agent would then list your house on the Multiple Listing Service (MLS) and get calls from other agents about interested parties. You, the landlord, would end up paying your agent approximately 5% of the total rental agreement once you decided on a acceptable tenant. With the popularity of Zillow and Trulia, you can now post your property by owner and be your own real estate agent. I would say the majority of renters visit these sites while looking for a home. Even with a real estate agent, if a potential renter is interested in your place, they will reach out directly too you. Currently, on Zillow's website, the top right corner allows you to list your rental for free. After inputting your contact information, details, and photos about your house Zillow will shoot out your house to their website, Trulia, and hotpads. If you're willing to take the time and price your home accordingly, you'll get a lot of interested people in your house. You can also list individual rooms this way as an additional option besides craigslist. Then, the next step is to carefully find the right tenant for you. Stay tuned for part 2!
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