Renting in NoVA: Let’s Talk Apartments vs. Houses
Apartment Living: The Perks and the Pitfalls
What you’re getting:
Large buildings with tons of units, usually managed by a company. Designed with renters in mind.
The Upsides:
- Sweet amenities: Pools, gyms, on-site laundry, and more.
- Convenience: Online rent payments and easy maintenance requests.
- Professional management with lower security deposits.
The Downsides:
- Privacy concerns: Shared walls and common areas.
- Limited flexibility: Standardized leases with less personalization.
- Noise potential and higher rents for amenities.
Residential Rentals: Your Own Slice of NoVA
What you’re getting:
Individually owned houses, townhouses, or condos, often managed by the owner.
The Upsides:
- More privacy and space.
- Unique character and flexibility to negotiate lease terms.
- Stronger sense of community in quieter neighborhoods.
The Downsides:
- Higher upfront costs and more maintenance responsibilities.
- Varied repair times and thorough applications.
- Challenges finding the right property without an agent.
Why a Real Estate Agent is Your Secret Weapon
- Access to exclusive listings through the MLS.
- Expert knowledge of the local market and rental prices.
- Negotiation power for rent, lease terms, and repairs.
- Legal guidance to avoid potential pitfalls.
- Time-saving efficiency: Scheduling, communication, and applications.
Let’s Talk Commission: Who Pays What?
Typically, the landlord pays: Most NoVA residential rentals include commission for both the listing and tenant’s agent.
- Landlord pays built-in costs within the rent.
- Exceptions include For Rent By Owner (FRBO) or partial payment agreements.
- Transparency: Agreements outline commission responsibilities.
In a nutshell: Your agent is your advocate, and commission terms are negotiable based on your needs.
