Like Tree6Likes
  • 1 Post By shri
  • 4 Post By JasFamily
  • 1 Post By UK/HKboy

Leasing a Property - Agent questions

  1. #1

    Join Date
    Dec 2010
    Posts
    2,640

    Leasing a Property - Agent questions

    So if a landlord lists their property with a large agency like Centaline, is it correct to say that

    - all Centaline agents have access to that property listing?

    - what happens if you by luck of the draw - you have what looks like a good tenant but through a bad agent. Can you sub out the agent?


  2. #2

    Join Date
    Dec 2002
    Location
    薄扶林
    Posts
    25,353

    Sub out? As in not pay the commission? No.

    What matters is you have a good tenant. Sometimes these are harder to find than agents.

    JAherbert likes this.
    Have a GeoExpat related problem - please create a support ticket.

  3. #3

    Join Date
    Jan 2018
    Posts
    1,082

    Well, for the lease renewal or finding the next tenant can certainly use a new agent. And if you want an agent to manage the property (be there for phone calls about repairs, etc.) you can certainly use someone else. If it's a good tenant just deal directly with him/her and when renewal comes you won't owe the old agent anything- hoping that I am correctly understanding your question...


  4. #4

    Join Date
    Dec 2010
    Posts
    2,640

    so on one hand if you use a large agency like Centaline then you will get lots of agents who can show your property but the agent quality would could be highly variable

    versus

    if you go with a small mom pop agency with a few good agents - maybe less coverage and exposure but better quality


  5. #5

    Join Date
    Jul 2012
    Posts
    17

    You should also market your property youself on Geoexpats and facebook in your neighbourhood groups.

    We advertised on Geoexpat and had 3 tours and 2 offers from those 3, both at market rates. Signed lease in 1 week.

    MABinPengChau, shri, rani and 1 others like this.

  6. #6

    Join Date
    Mar 2009
    Location
    Hong Kong
    Posts
    1,889
    Quote Originally Posted by chichow
    So if a landlord lists their property with a large agency like Centaline, is it correct to say that

    - all Centaline agents have access to that property listing?

    - what happens if you by luck of the draw - you have what looks like a good tenant but through a bad agent. Can you sub out the agent?
    So the agent found you a good tenant, so what makes them a bad agent? Surely thats the measurement of a good agent?
    JAherbert likes this.

  7. #7

    Join Date
    Feb 2011
    Location
    Hong Kong
    Posts
    5,496

    Only Centaline agents at that office have access to the listing. It is by district. It also depends if the agent bothers to search for the listings. Some do more work than others. If you sign the form then you owe a commission to Centaline if you lease that property even if you use another agency (you may owe double or triple commission if you get caught).


  8. #8

    Join Date
    Dec 2010
    Posts
    2,640
    Quote Originally Posted by UK/HKboy
    So the agent found you a good tenant, so what makes them a bad agent? Surely thats the measurement of a good agent?
    have you walked into a Centaline office? they have a wheel of fortune with peoples names for drop in clients.

  9. #9

    Join Date
    Dec 2010
    Posts
    2,640
    Quote Originally Posted by MandM!
    Only Centaline agents at that office have access to the listing. It is by district. It also depends if the agent bothers to search for the listings. Some do more work than others. If you sign the form then you owe a commission to Centaline if you lease that property even if you use another agency (you may owe double or triple commission if you get caught).
    not trying to get out of a commission

  10. #10
    Tw3
    Tw3 is offline

    Join Date
    Jun 2019
    Posts
    5
    Quote Originally Posted by chichow
    so on one hand if you use a large agency like Centaline then you will get lots of agents who can show your property but the agent quality would could be highly variable

    versus

    if you go with a small mom pop agency with a few good agents - maybe less coverage and exposure but better quality
    Centaline does not do much on leasing. They focus on sales especially first hand property. Also usually they
    do not lend keys to the small agents though the landlords agree to give the keys to the small agents. This often happens in mid-levels.