We at ForLease Atlanta want to welcome you to this beautiful and exciting city and assist you in locating the perfect property in your ideal neighborhood. Our professional agents are trained experts that will guide you through the local neighborhood nuances and assist in making your location selection fast, easy, and personal.
In today’s rental marketplace there is a clear divide between apartment locator service providers and real estate agencies that manage condos. A locator service benefits only by the leasing of apartments, and with this being their focus, you will only see apartments that are ready for rental. The same is true for condo real estate management agencies in that they only show you what is available in the condo marketplace. ForLease Atlanta is the only hybrid of both the locator and sales agencies in the Atlanta area, and this is why we are the outstanding choice for professionally managed property rentals.
Through this marriage of services we are able to provide our clients with an extensive list of currently available professionally managed properties that focus on your specific rental needs. In addition, we are privileged to have access to a continuous private list of properties brought to us via property managers and agents that know and respect what we do in the industry.
A little thinking a head and planning will go a long way in finding the best location to suit your needs. Generally, we suggest that our clients begin looking for a property thirty (30) to forty-five (45) days prior to their move date.
We have assisted clients with much shorter move dates because must landlords only know about upcoming vacancies for a month or less.
The first step is to complete and submit a rental application in conjunction with the application fee. This fee is usually a cost of $50.00 to $100.00 per applicant. The applicant fee pays for your credit check and application processing. In most cases the application and fee will place the rental on hold for you but some landlords will accept multiple applications on the same rental.
Good credit is certainly important in the application process but we can certainly pursue other options if your credit is impaired.
Brokers are generally free to the tenant because the landlord pays their fees.
Most of tenant services are completely free with the exception of the private market rentals. The broker fees can range from twenty-five percent (25%) to one (1) full months rent.
Way does ForLease Atlanta charge for some tenant services?
What is the best way to hire a broker?
An exclusive representation letter demonstrates your commitment to the real estate process, and once the letter is official, and his commission is assured, the tenant rep broker will get to work on your behalf. It is to your benefit to sign this agreement rather than working with a wide selection of non-exclusive agents.
You will be best served in the leasing process if you consider the following:
You should expect an exclusive tenant rep broker to provide the following services:
Don’t be afraid to ask questions and get to know your options. It is your job to make sure the broker understands what is important to you in the leasing process.
Before the recent recession there was a tremendous difference between apartment living and condo living. Apartments were often poorly designed buildings that featured low-end finishes and were sometimes located in questionable neighborhoods. The advantage to apartment living was the inexpensive move-in fees and no financial risk. Condos, on the other hand, were considered desirable properties with high-end finishes and could be more often be found in swank, up-town locations. These advantages were only available at a very high price. This all changed with the recent market challenges due to the economy. In the new rental marketplace you are now able to rent a professionally managed property that was once a high-end condo. These professionally managed rentals feature all the standard condo finishes, amenities, and luxury locations, but with the advantage of inexpensive move-in fees and no financial risk.
A property that several years ago would have cost hundreds of thousands to purchase is now available for a much lower monthly expense. We at ForLease Atlanta wants to assist you in your search for the best professionally managed property with the largest selection of properties available
Every property and each individual management company is going to have their own specific requirements, but generally it is three (3) times the amount of the rent. If roommates are considered it is five (5) times the amount.
You will need to provide an offer letter, your last two (2) pay check stubs for proof of employment, a copy of your personal identification, and a personal and / or prior rental reference. If you are self-employed a copy of your last two (2) years of tax returns may be required. Your ForLease Atlanta agent will be happy to provide specifics depending on your situation.
This is specific to the landlord’s discretion. Generally speaking guarantors are reserved for students.
A guarantor must qualify the same as any resident and be responsible for all monies due for a lease term.
Landlords will sometimes allow a combination of incomes, but in other situations they will require that one (1) of the individuals be able to qualify on their own.
The length of time can vary from as little as one (1) hour to as long as one (1) week.
This is property specific. It can be included in the price of the rent but most of the time you are required to pay it.
This is property specific. Usually it is only the monthly rent not inclusive of any utilities. If it is a privately owned condo it will also include HOA fees.
Unites can be gas and electric or just electric.
The professionally managed properties typically require a deposit of a few hundred dollars up to one-half of one (1) month’s rent. Condos usually require as much as one (1) month’s rent.
The professionally managed properties generally range from six (6) to twelve (12) months. Sometimes they can be less. Due to condo HOA regulations they will almost always require one (1) year. Some landlords will require two (2) years.
Policies vary from property to property with some properties allowing only particular pets with a size limit (typically 30-40 pounds). It is possible that they will also limit the number of animals allowed. Most of the time an additional deposit is required for each pet and the rental amount can also be effected by the addition of pets. Aggressive breeds, or dogs mixed with aggressive breeds, are typically not allowed, and will reduce the number of potential rental locations available for consideration.
Each neighborhood in Atlanta has a selection of different public transportation accesses. Your ForLease Atlanta agent will review the area options with you as part of our general client service.
Yes, but they must be restored to the original wall color before you move from the property.
No, not by law, but a good broker is more than just a space finder. Good advice from your broker should be viewed in the same manner you would view advice from your accountant or your attorney. You want sound advice concerning the commercial space available for your new business location and the terms associated with that space. A good broker will assist you in all aspects of your leasing transaction, so finding the space is only the first step in the overall process.
You will need to ask yourself the following questions:
Brokers can work for either the tenant or the landlord. If you work directly with the agent listing the property you are working with the agent that represents the property owner. If you hire a tenant rep you will need to understand that they may have their own listings and you will need to determine if there are any conflicts created by these listings. A tenant rep has fiduciary responsibilities for both parties in a transaction and will probably make more money if you lease one of his listings. In this situation he or she will collect money from both interested parties.
Brokers are generally free to the tenant because the landlord pays their fees. In what situation would a:
The best way to hire a broker is to contract with them as your exclusive tenant representative by signing an exclusive representation letter.
An exclusive representation letter demonstrates your commitment to the real estate process, and once the letter is official, and his commission is assured, the tenant rep broker will get to work on your behalf. It is to your benefit to sign this agreement rather than working with a wide selection of non-exclusive agents.
You will be best served in the leasing process if you consider the following:
You should expect an exclusive tenant rep broker to provide the following services:
The length of lease can be a difficult decision. Consider the following factors when making this determination:
Any “yes answers to the above questions indicate the need for a longer lease, and “no” answers mean that you need to consider a shorter lease for more flexibility.
