How to choose your letting agent
Once upon a time, landlords would handle buy-to-let properties on their own. These days, they prefer leaving everything pertaining to the administrative process in the hands of letting agents. What letting agents do is manage properties for landlords who do not have the time or necessary mood to deal with buy-to-let properties.
If you want your assets in Long Eaton to be managed in a professional manner, then you need to find the best letting agent out there. Good letting agents in Long Eaton are not hard to find, but not easy either. You may want to take our advice.
Consider the letting agent location
Location is very important when choosing a letting agent. Having a facilitator that is located far away from your properties is out of the question. What you need to do is look for a specialist located in Long Eaton. Or an agency that has a letting division there. A letting agent located miles away will not do a good job when it comes to marketing your assets.
Figure out what you want the letting agent to do
How can you select a suitable letting agent if you do not even know what you want? Figure out what you want the facilitator to do. Do you need to find tenants? Do you need them to manage the property? Find the answers to these questions first.
Ask these questions
- What are your average buy-to-let investment void periods?
- How many clients have you lost to the competition?
- How will you market my property?
- Why should I choose you out of all letting agents?
- What experience do you have?
Consider using multiple agents
Overcoming buy-to-let void periods is not easy. Frankly speaking, a letting agent may not be able to help you very much. If you want to be sure that your estates in Long Eaton will be full, hire multiple letting agents. The more people advertising your properties, the better.
Things to look out for
As you can imagine, it is not all rosy. Some letting agents refuse to give you advice out of fear that they will compromise their position. You need to be sure that the facilitator you choose is not acting in their best interest. The letting agent should put your needs first. Loyalty is important. You want someone who is completely dedicated to the job and to you, for that matter.