22/06/2023
๐ฒ ๐ง๐ถ๐ฝ๐ ๐๐ผ ๐๐ฒ๐น๐ฝ ๐๐ผ๐ ๐๐ถ๐ป๐ฑ ๐๐ต๐ฒ ๐๐ฒ๐๐ ๐๐ฒ๐๐๐ถ๐ป๐ด๐ ๐๐ด๐ฒ๐ป๐ ๐ถ๐ป ๐ฃ๐ฒ๐๐ฒ๐ฟ๐ฏ๐ผ๐ฟ๐ผ๐๐ด๐ต
So, youโve got a property to rent out in the Peterborough area?
Perhaps youโve bought it specifically to rent out, or maybe you have inherited it and want to make it pay its way. Whatever your reasons, youโve decided to employ the services of a local Peterborough lettings agent to help you!
But how do you choose the right lettings agent?
We work with a lot of landlords in the Peterborough area and we know that they need support from lettings agents just like us to help them become even more successful.
To help you make the right choice, the Wilson & Co Homes team have put our heads together and have come up with six tips for finding the right lettings agent.
(Of course, if you want to just give us a call now, thatโs fine too!) Our number is 01733 893520 or you can email us on [email protected]
๐ญ. ๐ช๐ต๐ฎ๐ ๐ฑ๐ผ ๐๐ผ๐ ๐ช๐ฎ๐ป๐ ๐ณ๐ฟ๐ผ๐บ ๐๐ผ๐๐ฟ ๐๐ฒ๐๐๐ถ๐ป๐ด๐ ๐๐ด๐ฒ๐ป๐?
Decide what you actually want from a lettings agent, and then check what services a particular agent actually offers. You might want to do most of the work yourself, with the letting agent simply marketing the property for you or finding a tenant. You may want them to completely manage the tenancy throughout. There are cost implications, and time implications too, but if you donโt know what you want, you wonโt be able to choose the most suitable lettings agent in the first place.
๐ข๐๐ฟ ๐๐ฑ๐๐ถ๐ฐ๐ฒ It sounds simple, but draw up a list of what you think you want a lettings agency to do. Then speak to several different agents.
๐ฎ. ๐ ๐ฎ๐ธ๐ฒ ๐ฆ๐๐ฟ๐ฒ ๐๐ต๐ฒ ๐๐ฒ๐๐๐ถ๐ป๐ด๐ ๐๐ด๐ฒ๐ป๐ ๐๐ป๐ผ๐๐ ๐๐ต๐ฒ ๐๐ฟ๐ฒ๐ฎ
Itโs of paramount importance that your lettings agent knows the lie of the land. Do they know what type of property rents best in Peterborough and do they know what sort of rent you should expect in Peterborough? You want your agent to know what theyโre talking about so that you benefit.
๐ข๐๐ฟ ๐๐ฑ๐๐ถ๐ฐ๐ฒ Devise a series of questions that you can ask your shortlist of potential lettings agents. If they are like us, they will know the answers!
๐ฏ. ๐๐ ๐๐ต๐ฒ ๐๐ฒ๐๐๐ถ๐ป๐ด๐ ๐๐ด๐ฒ๐ป๐ ๐๐ฝ ๐๐ผ ๐ฆ๐ฝ๐ฒ๐ฒ๐ฑ ๐๐ถ๐๐ต ๐น๐ฎ๐๐ฒ๐๐ ๐๐ฒ๐ด๐ถ๐๐น๐ฎ๐๐ถ๐ผ๐ป?
Being a landlord brings with it a number of legal responsibilities. Your lettings agent should make you aware of these so that everything is done by the book. You will rely on your agent to remind you of important legalities such as gas and electrical certificates so make sure they are fully up to speed on all the current guidelines.
๐ข๐๐ฟ ๐๐ฑ๐๐ถ๐ฐ๐ฒ See how helpful a potential lettings agent is by asking if they know who to contact for gas safety checks and the electrical inspection condition reports.
๐ฐ. ๐๐ผ๐ ๐๐ณ๐ณ๐ถ๐ฐ๐ถ๐ฒ๐ป๐ ๐ถ๐ ๐๐ต๐ฒ ๐๐ฒ๐๐๐ถ๐ป๐ด๐ ๐๐ด๐ฒ๐ป๐?
A great lettings agent will not only find you a good tenant, but theyโll be highly communicative and go through all the paperwork with you too. Theyโll make sure that the right financial checks take place, and, if needed, the right to rent checks too. They will also sort out the contractual information like the shorthold tenancy agreement and the all-important tenancy deposit.
๐ข๐๐ฟ ๐๐ฑ๐๐ถ๐ฐ๐ฒ Choose a lettings agent who knows their stuff, but one who can communicate well with you too so that you understand the processes involved with being a landlord.
๐ฑ. ๐ช๐ต๐ฎ๐ ๐ฑ๐ผ ๐๐ต๐ฒ๐ถ๐ฟ ๐ฅ๐ฒ๐๐ถ๐ฒ๐๐ ๐ฆ๐ฎ๐?
You donโt have to leave the sofa for this one! There are a number of review websites and social media platforms where people can leave reviews. Have a look and see what people are saying about particular lettings agents in Peterborough.
๐ข๐๐ฟ ๐๐ฑ๐๐ถ๐ฐ๐ฒ Most reviews are genuine, but just be mindful that on social media some reviews should be taken with a pinch of salt. Use your judgement well.
๐ฒ. ๐๐ฟ๐ฎ๐ ๐๐ฝ ๐ฎ ๐๐ถ๐ป๐ฎ๐น ๐ฆ๐ต๐ผ๐ฟ๐๐น๐ถ๐๐
So youโve done your homework and you know what you want from a lettings agent. You know what sort of rent you want or need to achieve, you know what sort of level of service you need, and youโve read the reviews.
The next thing to do is draw up a shortlist of two or three lettings agents and contact them. Ask questions and see how they respond to you.
Youโll get a gut feel as to whether or not you want to work with them. Weโre a great believer in dealing with people you can trust and comfortably do business with.
๐ข๐๐ฟ ๐๐ฑ๐๐ถ๐ฐ๐ฒ Choosing the right lettings agent for you and your property is important; it has to work well for you.
Getting the right team on board is a surefire way to success. Weโve been helping landlords in Peterborough for many years, and we will be delighted to have an initial chat with you about your requirements. Call us on 01733 893520 or email us at [email protected]
