Selling with same REA as PM
- Thread starter Toon
- Start date
I would have thought so but in reality they don't talk to each other.
I bought a unit that was sold and leased through the same agency.
I asked the agent if the rent would change to me upon settlement and he said yes. I gave them my bank details etc. A month later- no money.
The leasing agent didn't even know it was for sale (or sold). In hindsight I shouldn't have assumed it would be done. Months of phone calls, Emails etc. Finally got my money.
I bought a unit that was sold and leased through the same agency.
I asked the agent if the rent would change to me upon settlement and he said yes. I gave them my bank details etc. A month later- no money.
The leasing agent didn't even know it was for sale (or sold). In hindsight I shouldn't have assumed it would be done. Months of phone calls, Emails etc. Finally got my money.
Agree.... it is certainly hard to tell iwth any certainty who will get you the highest price
As the PM managing your property has knowledge of the tennants and possibly knows / trusts the tennants and vice versa I would have though generally it is better to go with them at least if they think they can manage the tennants that is.
A third party arranging visits inspections will find that process harder I would have thought without all the forms of contact a managing agent has usually put in place with a tennant, emails, phone, mobiles, spouses phone etc to arrange last minute inspections etc.
A third party arranging visits inspections will find that process harder I would have thought without all the forms of contact a managing agent has usually put in place with a tennant, emails, phone, mobiles, spouses phone etc to arrange last minute inspections etc.
That pretty much sums up my initial thoughts in a nutshell.
