I work with buyers and sellers not rentersSeveral times a year, people want to find rental housing phone me (or sometimes email me), asking for help with rentals of various sorts.  When I explain that most Santa Clara County real estate agents do not work with rentals, myself included, only buyers or sellers, the reaction runs from surprise or even disbelief to anger.   In many areas of the U.S., real estate agents routinely handle leases or month to month rentals.  Why not here?

In the Silicon Valley or San Jose area, most leases or rentals are offered “by owner”.  The owners choose not to hire realty professionals to represent them, and they elect not to want to pay commissions.  So while in many areas of the country, landlords employ real estate licensees to help them to rent properties, here that is seldom the case – at least in terms of offerings made available to the public.  (Owners may hire agents to manage properties, but don’t want to pay commissions to the Realtors or sales people working with people trying to locate rental housing.)

Most homes for rent can be found on Craigslist, but there are a very, very few offered on our local MLS (MLSListings.com).  How few is few?  Just now I ran ALL of the rentals available in all of Santa Clara County – apartments, condos, townhouses, attached homes, detached houses.  In a population of 1.8 million people, can you guess how many rental homes are on the MLS this moment? It’s 64. Just houses = 46.

Why this problem?  With our inventory shortage, most landlords feel that they don’t have to pay $500 or whatever the fee would be to locate a tenant.  Not only that, but many full time agents wouldn’t be too excited about spending weeks with a rental client only to get $500 and then split that with their company!  It’s just not worthwhile.

So when you call your local real estate licensee asking about rentals available, please understand that this isn’t part of what is usually done in the Los Gatos, Monte Sereno, Saratoga or nearby areas in general.  Yes, there are some exceptions.  But for the most part, the owners of those properties don’t want us involved.

For related reading:

Finding Rental Housing in San Jose, Santa Clara County and Silicon Valley

More affordable homes to buy or rent in Silicon Valley with better schools

What do Silicon Valley Real Estate Agents Do?  (how their time is spent)

  1. 2 beds, 1 bath
    Home size: 971 sq ft
  2. 2 beds, 2 baths
    Home size: 1,067 sq ft
    Lot size: 1,768 sqft

See all Real estate in the city of Santa Clara.
(all data current as of 12/17/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Translation

by Transposh - translation plugin for wordpress
Mary Pope-Handy
Realtor
ABR, CIPS, CRS, SRES
Sereno Group Real Estate
214 Los Gatos-Saratoga Rd
Los Gatos, CA 95030
408 204-7673
Mary (at) PopeHandy.com
License# 01153805


Selling homes in
Silicon Valley:
Santa Clara County,
San Mateo County, and
Santa Cruz County.
:
Special focus on:
San Jose, Los Gatos,
Saratoga, Campbell,
Almaden Valley,
Cambrian Park.
Let’s Connect
Find Mary on FacebookFollow Mary on Twitter
RSS FeedFollow Mary on YouTube

Please see more icons
at the bottom of the page.

The real estate search
Use the widget below to browse properties which are for sale, under contract (pending) or sold. Want to view only homes which are available now? Use the "find a home" link on the menu above (next to the "home" button).
Mary’s other sites & blogs
Valley Of Hearts Delight
Santa Clara County Real Estate,
with an interest in history

Move2SiliconValley.com
Silicon Valley relocation info

popehandy.com
Silicon Valley real estate,
focus on home selling

Silicon Valley Real Estate Report
Silicon Valley real estate
market trends & statistics
Mary’s Blog Awards
Top 25 real estate blogs 2016
2016: Personal Income's list of top 25 real estate blogs.


Best Realtor blog award
2016: Coastal Group OC's list of best Realtor blogs


The 2009 Sellsius list of top 12 women real estate bloggers
2009: Sellsius list of top
12 women real estate bloggers


Mary Pope-Handy's Live in Los Gatos blog won the 2007 Project Blogger contest, sponsored by Inman News and Active Rain

2007: Mary Pope-Handy and Frances Flynn Thorsen win the Project Blogger Contest for Mary's Live in Los Gatos blog. The contest was sponsored by
Active Rain and Inman News.


Non blog award


Best real estate agent in Silicon Valley from the San Jose Mercury News poll of readers in 2011
"Best real estate agent
in Silicon Valley"

2011 readers' poll,
San Jose Mercury News

Categories
Site Statistics
  • Users online: 1 
  • Visitors today : 721
  • Page views today : 2,568