I thought I would write a little bit about how to spot if your letting agent really adds value to you. Many landlords will let properties themselves and never have issues and think everything is fine, they often ask "what is the point of an agent" especially if they have had a poor experience from a lazy uncommunicative agency.
This week Belvoir lettings Guildford has arranged an EPC for a customer at £40 (no VAT to pay), this compares to £115 plus VAT from a well known competitor. This competitor is probably making money out of arranging the EPC rather than trying to add value. If a customer sourced it privately the EPC would cost circa £75. Ask to see invoices, ask if they add a commission for work organised by them, with Belvoir lettings Guildford we try to save the landlord as much money as possible not charge them as much as possible!
We also, through our local contacts were able to fix a long term broken sink for £35 for a landlady. She had put off fixing it because she was convinced it would cost £hundreds and need an entire new sink. This is how we try to add value, ask your agent if they are trying to save you money by using the best contractors or worse still they are adding a commission.
I would also recommend to look at tenant find only fees that are structured so you have to pay again during the second year of the tenancy, what are you paying for? Check the small print and try to use a firm that has a one off charging system. You know I am about to tell you how Belvoir Lettings Guildford have one off charging for tenant find only services....
We also don't charge a letting fee on fully managed properties when we source a new tenant for you, although there is a £60 admin fee, we just continue collecting 12% of the rent and your property continues to be filled and cared for!
No comments:
Post a Comment