19th March 2020
Everything you need to know about letting agents
If you have a second property that you wish to put on the rental market, then you need to think carefully about the best way to do so. Should you do all the hard work yourself or should you consider using letting agents? The letting agent is a wise choice. Below we share everything you need to know about letting agents.
What is a letting agent?
So, what is a letting agent responsible for? What do they do? Well, in simple terms the letting agent will find a tenant for your property. They will visit your property and tell you what you should charge in rent per month. This is usually a free valuation.
They’ll put your property on the market
When a rental price has been agreed, the letting agent will then put the property on the rental market for you, advertising the property in their bricks and mortar shop and online via their website and social media pages.
They do the hard work for you
The main benefit of using a letting agent is that they do all the hard work for you. They will show potential tenants around the property and can deal with any questions that they may have. They will also draw up a tenancy agreement that you and the tenant will need to sign.
What else can letting agents do?
Some letting agents will carry out credit checks and ask for references for any potential tenants. Most letting agents will also take charge of the initial deposit and collecting the monthly rent. An additional service is that of completing a property checklist so that the condition of the property can be checked before each new tenant, helping with any disputes.
If you are searching for a letting agent then Charles Rose can help you to let your property. To learn more about how we can help you then simply get in touch with us today.