A licensed Realtor can help homeowners rent out their home on a long- or short-term basis. A Realtor may also help home seekers locate the right home to rent. In tight housing markets, a Realtor is frequently involved in residential rental transactions, while in other markets it may be uncommon.
An experienced Realtor understands the nuances of lease paperwork and can help protect your rights as a tenant or landlord. Depending on the local market's traditions, either the renter or the property owner may pay the Realtor's fees. It's important to find out what the expectations are in your area and outline the scope of work and any expected fees before you begin working together.