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The Broker Problem (And How to Avoid It)

This is where most new landlords get burned. Understanding how brokers actually make money changes how you deal with them.

How brokers actually work

A broker's job is to close a deal — not to get you the best tenant or the best rent. Their commission depends on the transaction happening quickly. So everything they do is optimised for speed, not quality.

The classic broker playbook

Renewal harassment

Some brokers demand a fresh commission at every 11-month renewal, even when they played no role in the renewal. This is not legally required. Do not pay it.

The fix

The best antidote to broker dependency is to start your own listing the moment you know a tenant is leaving. Don't wait.

The alternative: free and low-cost listing platforms

You can find tenants yourself. Thousands of Mumbai landlords do. Here is where to look:

Note

Some platforms that were once fully free now charge a listing fee. Always verify before listing. Even paid platforms usually cost far less than a broker's commission, which is typically one full month's rent.

How to write a good listing

A well-written listing cuts down on time-wasters dramatically.

Do this

Refresh your listing every 3–4 days to stay visible in search results on platforms like OLX.

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