"Get - Real Estate Agents " should not complain!!!!
By MattyHardingLower •
Source ::: The Peninsula
"DOHA • Real estate agencies say they are losing business as an increasing number of property owners now prefer to deal with potential tenants directly through newspaper advertisements."
Like anyone will feel sympathy for Real Estate agents. Some of these companies and their commission hungry staff are adding to the whole rental market problem. They should be happy to have made a substantial killing at the expense the local population and expat community over the last few years.
I'd deal with a landlord direct everytime
Thats very true...
The Qataris get paid only 40-50%. The lions share is taken by the middle-man (agent), who is usually a person the Qatari trusts.
Usually for a villa that a Agent charges QR 15,000 per month the Qatari gets about Qr5,000 to QR 6,000.
Last month a Qatari lady offered an Indian family I know a Villa for QR 5,000 /month!!! But her condition was only 2 families can share the Villa when there would have been atleast Indian 4 families there.
Still the Rent they pay per family is QR 2,500.
Really a win-win situation.
..**.. ""They walk among us. They vote & they even reproduce"" ..**..
correctly! get rid of middle man to avoid more higher rent fees. They the one got easy money all the time. To much commission.
The rental problem one sees these days in Doha is mostly cosmetic and is done by these hungry real estate agents. I know it b'cos I have met few of them. The bigger an agency the higher its capacity to hold on to property.
Its not what we pay as rent is what a local owner usually get. The real owner might get only between 60%-70% of the rent we expats pay per month.
It is better owners directly deal with us. It is a win-win situation to both. We pay less rent and owners can charge higher than they would otherwise get from these sharks.
..**.. ""They walk among us. They vote & they even reproduce"" ..**..