Property in Malaysia for sale and rent | Buy, Rent and sell real estate and homes

Hi Everybody,

The first question: I want to rent out a condo.

What happens if have an agent working for me - and we agree I can find a tenant myself with or without another agent -, and that agent does not find a tenant.

Meanwhile another agent comes - who has been looking for a rental place for his client, the prospective tenant - and that second agent now organises with me the tenancy agreement, stamping etc. for his client, who I take as a tenant.

Who would I have to pay?

1. Nobody. Because the agent working for me did not find a tenant and I am allowed to find my own tenant. And the second agent has not been working for me but for the tenant.

2. The second agent. Because he brought the tenant and did the tenancy agreement etc. and the tenant does not need to pay (why?).

3. Both agents?

The next question: The tenancy agreement is valid for 1 year but can be renewed.

Do I need to pay anybody anything for the renewal? I hope not.

Thanks for your help.

Regards,

Alex

You pay the Second Agent - as he has secured your Tenant. The first one is not entitled to any commission. In Malaysia the Landlord/Vendor pays commission as opposed to the Tenant/Purchaser.

i guess at the end of the day it depends on the agreement that you have signed up with your agent. how you breakdown the details, whether it is exclusive or not.

You need to pay the first agent since if he does all the necessary things and the tenant will pay the second agent which is working for him

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