Three reasons why you should use real estate portals and agencies when looking for a rental

As many people turn to alternative ways to look for a rental, now is a good time to be reminded of the potential risks and why your safest option is to go through a licensed real estate agency or online real estate portal.

Sjanna Sandalova

There is no doubt the rental market is tight at the moment, with low vacancy rates and a shortage of stock.

With Christmas just around the corner, you may be feeling the stress of finding a rental property before the holiday season kicks in, but it is important to remain vigilant and only search for rentals through reputable agencies and online real estate portals.

Here are three reasons why you should use real estate portals and licensed agencies when looking for a rental.

1. A licensed real estate agent protects your interests

Searching for a rental through a real estate agency means you are dealing with real people face to face. A licensed agent will abide by residential tenancy laws and can actively help you find a rental by keeping you in mind when listings become available.

That's why it is worth approaching your local real estate agencies and let them know you are searching for a rental.

A real estate agent is also legally obligated to follow the Code of Conduct, meaning you are protected throughout your tenancy agreement.

2. Online real estate portals are fast, safe and free

Real estate portals, like reiwa.com, are your one stop shop for finding a rental.

Whilst you may think that you have no chance amongst the competition, new rentals become available every day and are listed through registered agencies so your security is guaranteed.

You also can reap the benefits of the many tools reiwa.com has like reiwa.com alerts and Apply Now, which are designed to help tenants find and apply for rentals fast.

3. There is zero chance of being scammed

Unfortunately, there are scam artists out there who like to prey on people when they are most vulnerable. With many people competing for rental properties and pressure mounting to secure a rental, this opens doors to potential scams.

Since the onset of COVID-19 caused an increased vulnerability in our community, scammers have become increasingly crafty with many REIWA agents reporting a number of rental scams this year.

To ensure your safety, it is best to avoid any alternative routes to looking for a rental and stick to legitimate real estate portals and reputable agencies who will ensure your interests are protected.