Wednesday, 14 April 2010

Long term client relationship

A Landlord will look for many things from his or hers letting agent, mainly good tenants that pay the rent, look after the property and no void periods. Many agents can get these basic things right (although some could do better reducing voids!)but my advise to a Landlord is to look under the surface. Ask about rent guarantee insurances, who offers value on these products, ask if the agent is a member of NALS or ARLA, these smaller things that can not be a the forefront of one's mind can lead to big savings in the long term.
Be very wary if an agent values your rent at a figure that seems too high, can they really achieve this for you or are they flattering you for your business?
Agents that are not VAT registered should set alarm bells going especially if you want a fully managed service, small business would suggest little chance of your property being well maintained - how much can 1 person do on their own?

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