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Top 5 Ways A Landlord Can Benefit From Using An Experienced Letting Agent

 
 
 
 
  18 Aug 2017

Being a landlord can be a very rewarding and lucrative role but it is also a very difficult task which requires a great deal of work. If you are new to the landlord sector, you may be surprised at the amount of work involved in enjoying the process and making money on a regular basis. You will find that gaining assistance from a professional is important in making the role easier, and working alongside an experienced letting agent makes sense.

Here are the top 5 ways a landlord can benefit from using an experienced letting agent.

An experienced letting agent will prepare and present your property

While preparing and presenting property is essential when selling a home, it is also very important when letting out your property. You want to attract the best possible tenant and you want to generate the best monthly income, so this means you should be looking to present your property in the best manner.

An experienced letting agent will have prepared a lot of homes for letting purposes before, which means that they will be able to do this quickly and with a minimum of fuss and effort. There is also the fact that a letting agent with experience in your local area will have a good understanding of who your most likely tenant is. This means the property will be presented to the right sort of tenant that will give you the best results, so this is a very important benefit for landlords.

You will meet all legal requirements

There is a broad range of legal requirements for landlords to comply with and a failure to comply with these regulations can be very problematic for landlords. You may face a large fine and some breaches will see a landlord be stripped of their licence, which means that they cannot act as a landlord.

There are many areas to consider when it comes to meeting rules and regulations for your rental property. Health and safety is extremely important, and there are many gas and electrical tests and checks that need to be carried out. A landlord should also ensure that the tenant has a Right To Rent in the UK, that the deposit is placed in a Government approved scheme and that they fully comply with any written requests for repairs.

Landlords also need to consider that the rules and regulations surrounding their property are being updated on a regular basis, which means that there is a need to continually update your knowledge and understanding of the rules and regulations.

Hiring an experienced letting agent will save a landlord time and provide fantastic confidence that you are fully complying with all of the relevant rules and regulations of your sector.

An experienced letting agent will vet all tenants

While there are many factors that influence whether a landlord is a success or not, the conduct, behaviour and nature of the tenant is a major factor. This means you should be looking to find the most suitable tenant for your property, and this means it is essential that you vet potential tenants.

Factors that need to be considered include past references or testimonials for the tenant, financial background of the tenant and the current employment status of the tenant. A landlord may struggle to find out relevant information but an experienced estate agent will know exactly what they need to do to carry out the necessary checks on all potential tenants.

If you want to make sure that you have the ideal tenant in your property, the vetting process is essential and this is a step that all experienced letting agents will be able to assist with.

The agent will liaise with the tenant and take responsibility for work needing carried out

A lot of landlords struggle in liaising and interacting with the tenant. If you are not comfortable with requesting money on a monthly basis or you don’t like to engage or interact with people, it makes sense to leave the liaising aspect of the role to professionals.

A letting agent will have experience in dealing with clients, in communicating with them and in providing them with the respect and the point of contact that they deserve. A letting agent will also give you more peace of mind with respect to receiving money on a monthly basis so you can see why many landlords opt to hire a letting agent to carry out this role.

An experienced estate agent works with respected local professionals

It is inevitable that repair work will have to be carried out at times in your property. A well-maintained property provides motivation for tenants to keep the property in good condition and maintaining the property as issues arise can help to lower the need for major repair work at the end of a tenancy period.

While you may think you can carry out some DIY work by yourself, there will be work that needs to be left to the professionals. An experienced letting agent is likely to have a list of reputable and affordable professionals in the local area that they already rely on. Hiring a letting agent to take care of your property means you can be confident that the best value for money professionals will be utilised for the work.


Author

Jezzards Estate Agents



 

 

Jezzards properties Hampton

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  • " I've dealt with some horrible agencies whilst renting in the past but I am glad we had Jezzards as our last. Didn't know that someone so professional and understanding and true to it's word existed in the business. I locked myself out once and they were there in  20 mins to assist. Heating stopped in the night and their out of hours assistance helped sort us out. Any problems or issues, were very promptly and effectively dealt with...I didn't even have to chase them. Our exit was quick, refunds took some time due to overlooked issues, which Victoria Jezzard looked into personally, and all done in 3 days. Dorathy was our handler and she was ace!! "

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    Anonymous September 2019
  • " Jezzards give me peace of mind and support knowing that keeping my tenants happy and comfortable. In particular, their property management team (specifically, Dorothy) are always so open, clear, kind and accessible. I think they offer great value for money and I thoroughly recommend them. "

    Astan August 2019
  • " Everybody at Jezzards Estate Agents, Surbiton was very patient and sympathetic to our needs as non-residents looking to buy in a completely new area. We were provided with maps and advised on the layout of the town and nearby areas. We would particularly like to thank Gaj Murali for showing us round various properties in the pouring rain and taking a personal interest in helping us find the right property. Thank you Gaj. "

    Anonymous August 2019
  • " just like to say that once agin the service from Jezzards has been exceptional and special praise tio Dorothy whio handled my lettiing from start to finish perfectlty and made sure all parties were happy. great company to deal with and would recommend to others without hesitation. thank you once more "

    Rino August 2019
 
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