Among the various costs involved when searching for a rental property, agent fees take up a large portion of the costs.
If I can save money, I would like to.

Recently, there have been many advertisements offering "no brokerage fees" or "half brokerage fees," so people tend to be picky when searching for properties like these.
However, I think many people are concerned about whether the essential services are adequate despite the low fees.

This time, let's think about the tricks that can reduce brokerage fees and what to look out for when choosing such a property.

What is a brokerage fee?

A brokerage fee is a fee paid to a real estate agent when they mediate a rental property contract.
When searching for a rental property, a real estate agency will support you to ensure that the entire process goes smoothly, from searching for the property, viewing the property, negotiating and concluding the contract, and handing over the property.

The fee for this service is the brokerage fee.

Brokerage fee cap

The Real Estate Transactions Act sets an upper limit for brokerage fees.

When receiving brokerage fees from only the landlord or only the tenant, the maximum commission is one month's rent plus consumption tax.When receiving brokerage fees from both, the maximum commission is half one month's rent from each party.
In the case of rental properties, since the real estate agent for the landlord and the real estate agent for the tenant are often different, the brokerage fee is often set at one month's rent.

Reasons for lowering brokerage fees

Recently, you may often see rental properties with low brokerage fees.
This may be due to company efforts, but the main reason is that they ask landlords to cover the fees or they are offering their own properties for rent.

Have the lender cover the fees

When receiving brokerage fees from both the landlord and tenant, the maximum amount is half one month's rent.

Based on this provision, there are many cases where fees are halved.
In particular, large real estate agents who specialize in rental intermediation are highly trusted by landlords and have a large number of properties and access to tenants, so they can make a sufficient profit even by taking half the commission from both parties.

Company-owned property

In the case of properties owned by real estate agents themselves, there are cases where they do not need to charge brokerage fees because they advertise the property for rent themselves.

Even for companies' own properties, it is common for them to ask their group companies or other real estate agents to handle the rental intermediation, but if they also handle rental management services in-house, they may waive the brokerage fee.

Efforts to acquire projects

When you first start a real estate company, you have to build up your credibility, so it's important to handle as many cases as possible.
As a result, there are many companies that are trying to increase the number of transactions by halving their brokerage fees.

Some emerging real estate companies appear to be approaching customers through extensive internet advertising.

next time"The pros and cons of low brokerage fees"
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