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Tenants in most cases are unaware of the factors that can affect real estate transactions, including the relationship between brokers and landlords, current market conditions, and what conditions of a lease could be negotiated. Nor do most tenants have the available time to spend obtaining this information. Oypro’s Tenant Representation Services help our clients to obtain all the necessary information that will enable them to make best decisions for their investments.
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The usual commission paid by tenants while securing rental properties in Turkey is to pay the broker 10% of the total annual rent amount. Regardless of when there is a broker representing you in a transaction, it is highly possible that the landlord is paying a fee either to their broker or to their management company. Oypro gets only compensated the usual commission amount of 10% for its Tenant Representation services. You do not have to pay Oypro any extra fees for representation services other the regular market commission.
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A tenant representation agreement will only help you save money and create more advantageous lease position without paying any extra fees. A tenant representation agreement defines your relationship with your tenant representative. This agreement will also list the scope of services that you should expect after signing. A signed agreement will help allow your Tenant Representative to commit its available resources and take steps to ensure that all of your options in the market are explored.
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No. using our services will not jeopardize your relationship with your landlord. Usually in cases where a landlord is resistant to a tenant using the services of a tenant representation firm, that landlord is probably trying to structure a lease agreement that is not in the best interest of the tenant. The key to have leverage against your landlord is to have alternatives and up-to-date information about the market. Utilizing our network of local brokers, we can ensure that the decision to move out or extend the rental agreement for the same property is in the best interests of our clients.