For most, the value of a REALTORS® expertise when buying or selling a home may be obvious; however, the value of enlisting a REALTOR® for the renting process may not be.

Contrary to popular belief, a real estate agent provides renters with a level of expert guidance, market access, local knowledge, and protection that a consumer would not have on their own or if they solely worked with the listing agent on the property.

We’re here to shed some light on the benefits of working with a REALTOR® with the goal of answering, “Should I work with a real estate agent to find a rental?”

  1. Expert guidance
    Navigating the many home leasing rules and regulations in leasing contracts can be very challenging. REALTORS® are real estate experts and will keep your best interest in mind. They understand the legalese, numerous forms and regulations involved in leasing contracts and will walk you through each step of the way. Keep in mind, it is important to have your own representation rather than working solely with the listing agent who is responsible for representing their own client’s needs.
  2. Better (and safer) market access
    REALTORS® are constantly involved in real estate transactions and they have countless contacts with other real estate professionals. Because rental properties move quickly in and around Loudoun County, enlisting a REALTOR® to find your next home may greatly increase your chances of finding the exact home you are looking for. Also, it is important to note that a real estate agent will help renters avoid the many rental property scams that occur as they have accurate and verified information on all properties listed in the market.
  3. Local knowledge
    A real estate agent’s full time job is to be informed on the communities they live and work in, so while there is a significant amount of information available online, REALTORS® offer a real live account of the area. They’ll be able to offer great insight based on the the latest trends in local market and provide you the local expert opinion and comfort you deserve when finding your next home.
  4. Financial protection
    REALTORS® are licensed through the National Association of Realtors® and prescribe to a strict code of ethics. They are required to stay up to date on best practice, renew their licenses regularly, and answer to local associations if anything goes awry during a transaction. Because you enter into a contract with your real estate agent, they are legally bound to look out for your best interests, and a good agent always will.

As you can see, working with an agent during your rental process is definitely beneficial! One last benefit that can’t be ignored is the relationship that is developed during the leasing process. For any future real estate related questions or needs, your agent will be a trusted resource who knows and cares for you.