Delegate management of property we bought to rent: is this a good idea?

Until three months of rent can be used to pay the intermediary who will manage the property.

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For the accommodation to be rented quickly, with a reliable tenant, it is possible to find the tenant yourself and then take care of the administrative part as the establishment of receipts or the recovery of rental charges.

One in two lessors choose to take care of the accommodation alone, according to FNAIM. “But you must have in mind that this requires being very available to sort the candidates’ files, make visits, especially when it comes to a studio, where the tenant often changes. And we have to Keep informed of regulatory developments, which are numerous, “warns Thomas Reynaud, founder of Garantme, unpaid rent insurance taken out by tenants.

If the lessor is not available, in particular because it does not live on site, it is possible to entrust this work to a real estate agency. For the search and selection of the tenant, visits and writing the lease, it takes a month’s rent. The tenant participates in these costs up to 12 euros/m 2 in very tense zone (Paris and the neighboring cities), 10 euros/m 2 sup> in Titled zone and 8 euros/m 2 on the rest of the territory. For accommodation of 40 square meters rented 1,000 euros per month in the Paris region, the tenant thus pays a maximum of 480 euros and there are 520 euros at the expense of the lessor.

additional costs

Once the tenant is found, it is possible to entrust the entire rental management to the agency: in this case, it takes between 7 % and 10 % of the annual rent. For the accommodation of 40 square meters rented 1,000 euros per month, the owner will therefore have to pay the agency between 840 and 1,200 euros each year, which is not negligible. “And, depending on the agencies, can be added additional costs such as tax declarations or the constitution of files for claims in particular”, adds Mathieu Chantalat, founder of Smartloc, an online rental management platform.

If we want to go through an agency, we must therefore compare contracts well, verify that a unpaid rent is included in the formula, which avoids taking out one of them: one of the advantages to delegate the rental management.

/Media reports.