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What does a good property letting agent do?

OK, so what does a letting agent or property management company actually do? Well, they actually do quite a bit more than many people think.

First and foremost a letting agent's job is to find a suitable tenant to let the property. As part of this process the letting agent first needs to ascertain what the recommended rental value of the property. Once a rental figure has been agreed upon the letting agent will go about marketing the property, which might be through newspaper adverts, postings in shop windows or on property rental websites as well as sometimes directly contacting possible tenants who might already be on the letting agents' books waiting for just such a property to become available.

It is also usually the job of the letting agent to show prospective tenants around the property and to also act as a mediator in any negotiations about the rental figure or what is going to be provided in the property. In addition, the agent will also provide a tenancy agreement for both the landlord and tenant to sign. This is the contract that contains details of the rights and responsibilities of both parties involved. These are the basic services that a letting agent will offer, but there are also other things that many of them will do too. Additional services that an estate agent that is acting as a letting agent might offer to a landlord include an inventory check of the contents of the property and the condition of each one, which can help to prove if a tenant has damaged something whilst living in the property, as well as tenant vetting service to help make sure that they are going to be able to meet the monthly rental payments, as required. Some will also offer services that include arranging for cleaning or repair of the property before a tenant moves in and this is what property management really is.

Many estate agents will act as letting agents and will also offer property management services to landlords and this can be very useful for those landlords who may live a long way away from the property or just don't want to get closely involved with looking after the upkeep of the property themselves. So, if you're ever in the fortunate position of having property to rent out and need the letting services of an estate agent in Arnold, or anywhere else, you now have a little more idea of the kind of services that you can expect them to provide.
17.8.17 05:57


What property letting services are offered by some estate agents?

nottingham estate agencyOK, so what does a letting agent actually do? Well, they actually do quite a bit more than you might think.

First and foremost a letting agent's job is to find tenant for the landlord of the property. As part of this process the letting agent first needs to ascertain what the recommended rental value of the property which will usually involve the letting agent visiting the property and viewing it. Once a rental figure has been agreed the letting agent will go about marketing the property. This might be through local newspaper adverts, postings in local shop windows or on property rental websites as well as sometimes directly contacting possible tenants who might be on the letting agents' books waiting for a property to become available.

It is also usually the job of the letting agent to show would be tenants around the property and to also act as a mediator in any negotiations about the rental figure or what is going to be provided in the property. In addition, the letting agent will also provide the tenancy agreement for both the landlord and tenant to sign. This is the contract that contains details of the rights and responsibilities of both parties involved. Additional services that an estate agent that is acting as a letting agent might offer include an inventory check of the contents of the property and the condition of each one, which can help to prove if a tenant has damaged something whilst living in the property, as well as tenant vetting service to help ensure that they are going to be able to meet the rental payments. Some will also offer services that include arranging for cleaning or repair of the property before a tenant moves in and this is what property management really is.

Many estate agents will act as letting agents and will also offer property management services to landlords. These can be very useful for landlords who may live a long way away from the property or just don't want to get closely involved with looking after the upkeep of the property themselves. So, if you're ever in the position of having property to rent out and require the letting services of an estate agency in Nottingham, or elsewhere, you now have a little more idea of the services that you can expect them to offer.
12.7.17 02:20





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