Selecting the Right Letting Agent For Your Property

In the ever-changing world of real estate, a landlord must feel confident in who they are entrusting their property needs with. Whether you are a seasoned property owner or are buying your first home, selecting the right letting agent for your property will influence your success as a property owner. Dive into our comprehensive blog to learn the ins and outs of letting agent responsibilities and how to choose the right property management company for you.

  • What are the Letting Agent’s Responsibilities?
  • How to Choose a Good Letting Agent
  • Choosing a Letting Agent FAQs

What are the Letting Agent’s Responsibilities?

Each property manager will offer services dedicated to maximising the property owner’s investment. A letting agent is responsible for many aspects of looking after a property, such as:

  • Tenant screening and selection
  • Collecting rent
  • Organising routine maintenance checks
  • Lease agreement preparation
  • Bridging communication between landlord and tenant
  • Handling tenant issues and evictions

Essentially, a letting agent will act precisely as a landlord would, taking the pressure off of the property owner, who may have a busy schedule and lack time to manage their property to the best of their ability. 

How to Choose a Good Letting Agent

As of 2022, 19.1% of properties were privately rented in the UK. Whether you have an extensive property portfolio or are curious about listing your property for rent, the first thing you need to consider is whether you need a letting agent to help you manage the responsibilities associated with property management. 

Choosing a suitable letting agent can seem daunting when the options seem endless. Here are some of the ways to choose a property manager that will benefit you:

  1. Determine What Services You Need

The first step you need to take before researching the letting agents available is to determine what services you need to manage your property successfully and enhance your investment. Whether that is complete property management or a few services, such as tenancy management, the right agent will offer the needed services.

  1. Check their Location

It makes a lot of sense to choose a letting agent that is close to your property. For your letting agent to fully manage your property, they should be close by to conduct regular inspections and consult with both landlords and tenants.

  1. Marketing for Rent

If your property is empty for a while, it will cost you more money. Make sure that the letting agent is proactive in finding a tenant for your property to ensure that you are enhancing your investment. Check with companies to see if they have potential tenants on their books to speed up letting out your property.

  1. Maintenance and Repairs

Some letting agents who offer full service will carry out routine maintenance checks and repairs on your property. Depending on the level of control you want a letting agent to have over your property to benefit you, you may want them to handle your property’s maintenance and repair. 

  1. Client Money Protection

A reputable and professional property agency will have a Client Money Protection certificate. As letting agents are responsible for rent collection, maintenance fees, and handling deposits, a landlord should trust the organisation to handle money legally and safely.

  1. Testimonials and Reviews

Seek online testimonials of other landlords or tenants who have communicated with the letting agent you are considering using. By reading reviews, you can gain invaluable insight into the experiences of others who have dealt with that property manager.

Choosing a Letting Agent FAQs

Can I still be involved in my property when I opt for full property management?

Of course! The full property management option gives landlords a trusted hands-off experience; however, you can always input your ideas and suggestions as the landlord. The letting team will discuss and implement decisions you have made regarding your property.

Should I hire a letting agent or manage my property?

Letting agents bring industry knowledge and expertise when managing a range of properties. They can save time, money, and resources by reducing vacancy periods and ensuring legal compliance, ultimately maximising your rental outcome.

Should letting agents be licensed? 

Letting agents should be licensed and trusted to provide landlords and tenants the service they deserve. Choosing an accredited letting agent with a positive track record is essential to ensure you experience a positive partnership with your chosen letting agent.

Which Letting Agent Should I Choose?

By choosing LevelUp as your letting agent, you are trusting a partner with a proven track record committed to simplifying your property management journey. LevelUp’s dedication to maximising the value of your property ensures that clients are delighted with the professional and comprehensive service they receive. Our open communication, industry expertise, and years of experience make LevelUp the key to unlocking your property’s full potential. If you are ready to choose a profitable and stress-free letting agent experience, contact us today to kickstart your journey.

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