11/09/2024
🏡 Comparing Property Management Services: Which One Fits Your Needs? 🔑
If you're a landlord, managing a rental property can be time-consuming and complex. From tenant disputes to property inspections, there's a lot to handle! Here’s a look at two property management options that can take the hassle out of it for you:
1️⃣ Fully Managed Estate Agency Service
📋 Services included:
Tenant Management
Property Maintenance Management
Safety Compliance Management
Property Inspections
Rent Collection & Tenant Dispute Assistance
Deposit Protection
💰 Cost: 10% + VAT
For example, if your rental income is £1,000 per month, you'll pay £1,340 over 12 months for the service.
2️⃣ Property Support 247
📋 Services included (same as above):
Tenant Management
Property Maintenance Management
Safety Compliance Management
Property Inspections
Rent Collection & Tenant Dispute Assistance
Deposit Protection
💰 Cost: £40 monthly management fee + £400 tenant find fee
This totals £880 over 12 months, a significant cost saving!
🤔 Which Service Suits You Best?
Fully Managed Estate Agency: Offers a comprehensive solution with a percentage-based pricing model. Ideal if you prefer an all-in-one service that handles everything.
Property Support 247: Provides the same services at a fixed, lower rate, which can save you £460 per year on a property with a £1,000 monthly rental income.
💡 It all comes down to your preference: Do you prefer traditional pricing or a more predictable fixed fee?
Which option works best for you as a landlord? Comment below! 👇