Are You A Landlord Who Wants To Minimize The Difficulties Of Managing Your Property

If you’re a landlord and you want to minimize the difficulties of managing your property by using the services of a lettings company, knowing the right questions to ask is key to success! At Horts we have over a decade of experience in the field, so we can give you our expert insight into the top five queries.

 

1. Is There A Designated Team For Property Lettings?

If you’ve chosen a lettings team that is part of a bigger estate agency which also handles lettings, you need to determine whether there is a specific team designated solely for rental properties. Any firm that has staff whose only purpose is serving tenants and landlords is sure to perform, so ensure you’re choosing an agency that will dedicate themselves to rentals.

 

2. How Many Rental Properties Are You Currently Managing?

Finding out how many rental properties the lettings team is handling currently is a good way of judging how well they perform both on a company and individual level. Too few properties could suggest the property team is inexperienced or ineffective, but if there are too many, they might be more difficult to reach and may not give you the level of personal attention you require. Our suggestion is that a lettings team should handle no more than 75 properties per person.

 

3. What Types Of Rental Properties Do You Handle?

Of course, you want their answer to reflect your property type, however, it’s also good if the lettings team deals with a broad spectrum of apartments and houses of different types. It indicates that they are capable and experienced and have the necessary skills and knowledge to help maximize your investment.

 

4. Which Services Do You Offer?

All property agencies offer their own services, so finding out precisely what your chosen firm can offer is essential if you’re going to determine whether it can match your needs. Draw up your list of requirements before speaking to your prospective lettings team so you can cover every point during the meetings. Ask about the differences between the different service packages they offer and how they measure up to their competitors in the local area.

 

5. What Are Your Fees?

Fees are a vital aspect of choosing a lettings agent, and they have a significant effect on the bottom line of your property rental business. You need to choose a company with fees that fit into your budget; however, be wary if the company offers their services at too low a cost – there’s bound to be a reason why.

Discover how they make their charges – whether on a fixed rate or based on percentages – and whether you can tailor a package to your requirements. Make sure to check for any hidden fees like eviction costs, finder fees, account set-up charges, maintenance costs, or viewing fees before you sign any agreement. Make sure all their fees are set down in full in writing as you’d no doubt prefer to avoid unpleasant shocks in the future.

If you’re looking for reliable property management in either Northampton or Rugby, look no further than Horts. Call us today on 01604 639933 or 01788 550044, or check out our website at www.horts.co.uk. As experts in the local property market, we’re your number one choice.