One Time Showing Agreement Wisconsin: What You Need to Know

As a landlord or property manager in Wisconsin, you may be familiar with the concept of a one time showing agreement. This is a legal document that allows real estate agents or other professionals to show a rental property to a potential tenant for a one-time showing without requiring the landlord`s presence.

However, it`s important to understand the specific laws surrounding one time showing agreements in Wisconsin to ensure you`re operating within the legal parameters. Here`s a guide to what you need to know.

What is a One Time Showing Agreement?

A one time showing agreement is a legal document that permits a licensed real estate agent or other licensed professional to show a rental property to a prospective tenant without the landlord`s presence. The agreement outlines the terms of the arrangement, including the time and date of the showing, the identity of the agent or professional, and any fees or commissions involved.

The purpose of a one time showing agreement is to streamline the rental property viewing process, making it easier for prospective tenants to view properties at their convenience and for landlords to efficiently manage their rental property portfolios.

What are the Requirements for a One Time Showing Agreement in Wisconsin?

In Wisconsin, one time showing agreements are governed by state law (Wisconsin Statutes 452.133(4)). To be valid, the agreement must meet certain requirements, including:

– It must be in writing, signed by the licensed professional, and include the date of the showing.

– The agreement must be specific to the rental property being shown and cannot be used to show other rental properties.

– The agreement must include the name and contact information of the landlord or property manager.

– The agreement must state that the licensed professional is acting as an agent and not as the landlord or property manager.

Additionally, the landlord or property manager should verify that the licensed professional has a valid license from the Wisconsin Department of Safety and Professional Services to ensure compliance with state law.

Why Use a One Time Showing Agreement?

There are several benefits to using a one time showing agreement as a landlord or property manager. These include:

– Convenience: One time showing agreements allow potential tenants to view a property without the landlord`s presence, which can save time and make the process more flexible.

– Professionalism: By using licensed professionals to show the property, the landlord can ensure a level of professionalism and expertise during the showing process.

– Efficiency: One time showing agreements can help landlords manage multiple properties and streamline the rental application process.

In conclusion, a one time showing agreement can be a valuable tool for landlords and property managers in Wisconsin. By understanding the legal requirements and benefits of using this document, you can help ensure a smooth and efficient rental process for your properties.