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why do property agents take a finders fee from the tenant

Nims

So why do property agents take a finders fee from the tenant?
And further  they are take a fee from landlord is  that not pure greed?

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hkann

I think that is quite normal is some places. I am currently living in Hong Kong and when I found my flat, my landlord and I both had to pay a commission to the estate agent who dealt with the deal. This is why most people would prefer to find a place or rent out a place without using an agent.

jbs

It seems rather expensive but I have experienced and heard of a few unfortunate incidences affecting tenants that could have been avoided had a professional been the intermediary - especially in a new environment.

kolica

Hi all I'm Kelvin by name from Nigeria, I'm urgently looking for a Room including toilet and Shower for rent, in Kumasi near to Kumasi Central market area pls this is urgently needed, if you have any idea or knows anyone who want to share kindly do not hesitate to me on kolica2011[at]aol.com  Thanks

Looking forward to hear from anyone willing to help