Spam prevention
Rainer
19,797
Eddie Edwards
The Rental Housing Centers - McLean, VA
Rental Housing Expert, Nutritional Team Builder

Someone asked what the conversion rate was. In Northern VA about 60-70% of renters we assist turn into buyers the following year. After 34 years I am still stunned at how many agents and companies do not help people with rentals. Those people will never work with a company who decided not work with them as a renter. I close 99% of my renters in 1 day. I rarely show more than 3 properties and I charge a retainer fee. Most agents do not know how to properly deal with renters #1. Most agents do not know how to deal with renters who have pets. Hint: Pet resume  I'm the #1 leasing agent in Northern VA. I on the other hand look at sales as time-consuming and between the showing of 20+ properties, then dealing with multiple offers, home inspections etc etc. I make more money than most agents who do sales. Rentals are a very good business in the right areas.

Jun 30, 2019 11:56 AM
Ambassador
5,898,118
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I have rentals, but do not manage rentals for others.

Jun 30, 2019 10:49 AM
Rainmaker
3,071,034
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We do not

Jun 05, 2018 04:50 AM
Rainer
279,778
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

Very rarely.

Apr 27, 2018 09:54 PM
Rainmaker
4,799,763
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't do rentals.

Apr 05, 2018 05:52 AM
Rainmaker
630,101
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

If only, it is past client. Or a big lease.

Sep 25, 2017 09:42 PM
Ambassador
4,318,202
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

I do it - rarely, though.

May 07, 2017 11:21 PM
Rainmaker
1,894,900
Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News

 Eddie what is your conversion rate at the end of year one of a rental to a sale?

Nov 25, 2014 12:04 AM
Rainmaker
864,508
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Hello Eddie - feel free to add our name to your list. We are realtors and a property management company in the Inland Empire, Southern California. We do rental because they usually turn out to be our clients after a year. A lead is a lead whether it materializes now or in the future.

Nov 24, 2014 11:48 PM