Aviva Directory » Local & Global » North America » United States » States » Michigan » Cities & Towns » Harbor Springs » Property Sales & Rentals

The real estate industry and long-term rentals or leases in Harbor Springs, Michigan are the focus of this guide.

The real estate industry consists of three primary fields: brokerages, leasing, and management.

Brokers bring real estate buyers and sellers together, assist in the negotiation of a price, and are involved in all of the work involved, from the first expression of interest to the closing of a real estate transaction. The seller pays a commission that is based on a percentage of the sale price, which is split between the buyer's broker and the seller's broker.

Real estate agents are licensed by the state to assist people in the buying, selling, and renting of real estate. Agents are employed by sponsoring brokers or a brokerage firm. Brokers are real estate agents who have fulfilled additional licensing requirements and are able to work independently and hire other real estate agents to work for them. Realtors are licensed real estate agents or brokers who are members of the National Association of Realtors.

Leasing agents work with landlords to handle the details involved in finding, vetting, and signing tenants for their properties, including the necessary paperwork, while management companies operate buildings and other properties for the owners, paying utilities, hiring staff, and performing necessary maintenance, as well as the responsibilities of a leasing agent.

Real estate firms or brokerages often provide property management services, as well as facilitating the buying and selling of property, while other businesses specializing in property management tasks.

Some landlords will opt to handle their own affairs, particularly if they own only one building, while others will engage the services of a property management company.

Online resources representing real estate agents, brokers, or realtors, as well as real estate agencies or brokerages in Harbor Springs are appropriate for this category, as are local property management firms, apartment rentals, condominium rentals, or long-term home leases.

Short-term rentals, such as hotels, motels, bed, and breakfasts, or vacation rentals, would be listed in the Places to Stay category, however. If the renter or lessee would be considered a resident of Harbor Springs by virtue of the transaction, then this would be the right category.



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