As trusted local letting
agents, we work with a lot of landlords. Finding tenants, managing properties, organising
inspections – we take care of each step. However, more and more landlords are choosing
to work alone, but is it as easy as they think?
Here’s why we think
working with an agent is the best way to rent out your property.
Save
time
Even if you’re a full-time
landlord, finding, vetting, and keeping tenants happy is time-consuming. While
there are many online options for finding tenants, there’s a lot to be said for
an experienced letting agent taking care of this process for you.
Firstly, agents have a ready-made
list of vetted, potential tenants looking for properties, so they are well
placed to get your rental off the market and occupied quickly. By getting a
letting agent to take care of referencing, negotiating, and rental agreements,
you can focus on more enjoyable matters.
Maximising
your income
By placing your property on
the market with a reputable letting agent, you’re more likely to achieve the
monthly income you need, as they’ll be able to market your property in the most
professional way. The quality of marketing is often reflected in the number of
enquiries from potential tenants.
Also, good agents offer
landlords a variety of income protection strategies – such as rent protection
and organising deposits. They’re also covered by professional indemnity
insurance, so they’ll be checking and double-checking that everything is done properly.
Accurate
valuations
Experienced local letting
agents know their market. They know who will be interested in your property and
how much they’ll be willing to pay. This is essential knowledge that you, as a
landlord, may not have.
Also, if you’re not 100%
happy with an agent’s valuation, shop around. Contact at least three agents to
find a happy medium and go with who you feel is the most professional. Ask if
they can show you comparable evidence of rents they’ve received for similar properties
to yours.
Legal
expectations
There’s a lot to learn about
the legal requirements of renting out a property. As experienced agents, we
know what certificates and checks need to be obtained and can organise these to
be done for you.
At CWB Property, our
lettings team offer excellent customer service and expert advice. So, if you’re
looking for a new agent to take care of your rental property, give us a call on 01634304326 to see how we can help.
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