can an agent be a lessor.

In Property Management - Asked by gilbert b. - Jul 11, 2012
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Answer(s)

Cindy G.
Broker/Agent
Morris, IL

Yes, but always disclose

Jul 11, 2012
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Rob B.
Chandler, AZ

Gilbert....
An agent can be a lessor as long as he has a major interest in a property. Disclosure is essential. You may want to consider a 3rd party leasing agent between you and the existing or prospective tenants. This would perhaps give you the power to remain aloof from the direct contact with tenants and prospects. In the end it may end up actually saving or making you more than the commission involved. There is something to be said for being the "secrete negotiator, which is often an important element in the successful negotiation of both price and terms.
Onward and Upward!
Rob Baird
rob@capratecommercial.com

Jul 11, 2012
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Chris S.
Broker/Agent
Coeur D'alene, ID

Disclose the relationship, beyond that I don't see why not.

Mar 11, 2013
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