Calis Beach and Fethiye Turkey Discussion Forum

Calis Beach Forum => Hotels, Private Rentals in Calis - Questions and Information => Topic started by: Gayle Taylor on April 08, 2015, 09:34:44 AM

Title: agents charges for long term rental
Post by: Gayle Taylor on April 08, 2015, 09:34:44 AM
Does anyone know what an agent charges if you go through them to rent a property long term.  We have recently rented through an agent in Hisaronu and we have been charged £500 for this on a year's rental, we were not told we had to pay this when we agreed to rent the apartment and he has stuck this on top, is this normal? TIA.
Title: Re: agents charges for long term rental
Post by: JohnF on April 08, 2015, 10:19:30 AM
There's no set rules for rentals, but the agents usually look to charge the equivalent of a months rent - this is paid by the tenant.  Like everything in Turkey, negotiation is the key and they will often try to charge three months but a bit of haggling will normally bring it down to the one.

You say £500...  at todays rate that is 1,930tl!  Are you paying in rent in GBP and how much?

JF 
Title: Re: agents charges for long term rental
Post by: Gayle Taylor on April 08, 2015, 10:42:09 AM
we were told the rent was £3500 for the yearto be paid to the owner and we agreed to this, unfortunately we had to move out of the apartment due to damp problems and the owner reimbursed us money back for the amount of time we had left and it then came to light that the £500 we thought had gone to the owner had actually been taken by the agent, the owner wasnt happy about this either.  We then contacted the agent (who by the way is a personal friend of ours) and he said there was a £500 charge, but on our rental agreement it states "the agreed rental between both parties is £3500" - dodgy or what???
Title: Re: agents charges for long term rental
Post by: JohnF on April 08, 2015, 10:57:10 AM
Name and shame the agent as he's quite obviously not your "friend", even though you've been led to believe that he is, or is it now was?

JF
Title: Re: agents charges for long term rental
Post by: Gayle Taylor on April 08, 2015, 11:03:18 AM
I dont want to do that as I am really good friends with his wife, just wondered what the going rate was.  Thanks for your comments will be much wary in the future.
Title: Re: agents charges for long term rental
Post by: Kevin Sowten on April 08, 2015, 11:38:06 AM
We paid 600 commission, 600 deposit and 600 for one months rent in advance through Palmiye (3 bed penthouse duplex in Deliktas)
Is there a set maximum rent increase year on year (based on inflation ?)

Title: Re: agents charges for long term rental
Post by: JohnF on April 08, 2015, 11:56:55 AM
in lira?

JF
Title: Re: agents charges for long term rental
Post by: Kevin Sowten on April 08, 2015, 12:01:55 PM
Of course - I live in Deliktas not Hisaronou !!!!
Title: Re: agents charges for long term rental
Post by: LeeGlo on April 08, 2015, 12:06:49 PM
Same as Kevin, we rented our house in Çaliş through Palmiye and paid the equivelant of 3 months rent up front. I month as a "one off" agents fee, 1 month as security deposit to landlord and first months' rent.

We have recently renewed the contract on the same house, Palmiye drew up the new contract with no further charges. On the question of annual rent increases Kevin, it is written in our contract that the rent will increase by 10% each year, this seems to be the accepted thing here and with the state of the lira at the moment it's not too bad.

In the case of the OP £500 as an agents fee is rather OTT on an annual rent of £3,500.
Title: Re: agents charges for long term rental
Post by: Kevin Sowten on April 08, 2015, 12:09:17 PM
Will check my contract, but I thought that I read somewhere that rent increases were capped in some way ?
Title: Re: agents charges for long term rental
Post by: LeeGlo on April 08, 2015, 12:17:30 PM
Yes, I think to the rate of inflation, so not far off 10% and the landlord has the final say I guess. It's up to you if you agree or not. It's always annoyed the hell out of me that the agent is actually advertising the property and getting tenants for the landlord but it's always the tennant who pays the fees duurrr.
Title: Re: agents charges for long term rental
Post by: JohnF on April 08, 2015, 12:25:24 PM
Of course - I live in Deliktas not Hisaronou !!!!

Thought that, but wasn't sure.

So are rents *really* that much more in Hisaronu/Ovacik now?  If I was paying rent locally I'd want a helluva place for 1,150tl or thereabouts a month, which is what the original posters £3,500 a year works out as.

In the case of the OP £500 as an agents fee is rather OTT on an annual rent of £3,500.

It's OTT for any apartment around Fethiye area.

Regarding rent increases being capped:

Yes they are.  The annual increase is worked out using the annual rate of inflation - however, as usual in Turkey there is a "but".

There are two possible rates, one being ÜFE and the other TÜFE - in simple terms, the first relates more to the price of manufactured goods and the second is similar to the Retail Price Index in the UK.  The law relating to rents, the Turkish Code of Obligations No. 6098, which came in during Jan 2012 uses ÜFE as its guide and historically, the ÜFE rate is normally lower than TÜFE.

To get round it, landlords will either apply the higher TÜFE rate, or more commonly, simply state within the contract what the rental increases will be.  If they are stated in the contract then the law does not apply.

JF
Title: Re: agents charges for long term rental
Post by: LeeGlo on April 08, 2015, 12:46:05 PM
Unfortunately John rents are pretty high now in the Fethiye area, have a look on Sahibinden.com, you'll be shocked at what is being asked for some really naff places.

We are now paying close to 1,100TL per month for a fully furnished 4 bed detached triplex villa in Çaliş, but it is in a convenient location so mustn't grumble too much.
Title: Re: agents charges for long term rental
Post by: Kevin Sowten on April 08, 2015, 13:11:47 PM
My comment was based on the fact that most things in Hisaronou tend to be priced in pounds (rip off exchange rates come to mind !!) Not because its expensive to rent there.
Title: Re: agents charges for long term rental
Post by: Gayle Taylor on April 08, 2015, 15:02:12 PM
a detached villa at that price sounds very good value to me.  The apartment we rented was bare there was hardly anything in it apart from the basic stuff so we had lots to buy as well, we also had to come out for 2 weeks right in peak season because he had guests booked in for 2 weeks and we had to move into an hotel and it cost us a fortune, we did know about this before we rented it and the landlord put us two extra weeks on at the end, its just the agents fees we feel diddled out of ,and by the way he is English not Turkish.
Title: Re: agents charges for long term rental
Post by: JohnF on April 08, 2015, 15:27:38 PM
Unfortunately John rents are pretty high now in the Fethiye area, have a look on Sahibinden.com, you'll be shocked at what is being asked for some really naff places.

We are now paying close to 1,100TL per month for a fully furnished 4 bed detached triplex villa in Çaliş, but it is in a convenient location so mustn't grumble too much.

Funnily enough SB wouldn't be my first port of call if I wanted to rent locally - I've always considered the prices on there to be "hopeful" as opposed to realistic.   

For what you're getting, the rent sounds about in the right region to me but I will admit that I'm gradually losing touch with what rental prices are actually being charged locally, as opposed to what some landlords would like to receive!

JF
Title: Re: agents charges for long term rental
Post by: LeeGlo on April 08, 2015, 21:27:12 PM
Gayle, our place isn't bad value as you say, but it is an older build with old fashioned furniture to match but at least there is plenty of it and the white goods were brand new. No pool and we do the garden - well a quick strim a few times a year anyway. Quite agree with you the agent was definitely NOT doing you any favours.

John, I'd be very interested in where you would be looking locally for reasonable rental deals. Perhaps you can advise for next time we're looking to move. Information is a precious gift.
Title: Re: agents charges for long term rental
Post by: JohnF on April 09, 2015, 14:14:14 PM
If I was looking to rent I'd ask around the estate agents I've gotten to know over the years.  Nothing mystical, just using local contacts in the property business.

JF