€500 'placement fee' for letting to homeless families – RTÉ News

Private letting agents are being offered “placement fees” of €500 by Dublin’s local authorities in return for renting properties to homeless families.

The Institute of Professional Auctioneers and Valuers said the offer, which has been made in recent weeks to agents, could be considered a conflict of interest if members were already contracted by landlords to rent a property on their behalf.

RTÉ’s Morning Ireland has learned that agents have been approached by council staff and advised that they will be paid a fee once a HAP tenant moves in to a property.

In a statement, the Dublin Region Homeless Executive said the move was designed to secure more HAP tenancies.

It said: “When an estate agent makes suitable properties exclusively available to homeless families, which includes not advertising them on letting websites and not holding open viewings, then when the agent has given five properties, the DRHE will pay the

Continue reading this atricle at https://www.rte.ie/news/2018/1101/1007930-rent-landlords/