Top Advantages of Using Good Letting Agents

From marketing the property, carrying out inspection, collecting rent to taking care of legal requirements, a specialised agency does everything to save the time and energy of the landlord. Have a look at the top benefits of using the letting service agencies to manage your valuable property:

Take care of all legal requirements and changes

As a landlord there are certain legal requirements that you have to fulfil. The legal requirements frequently changes, so you have to be well aware of the changes to adhere to them. A good letting agency or agent knows legal requirements better than you and always ensures that your property adheres to them. From getting a gas certificate to obtaining an energy performance certificate (EPC), a professional agent does everything to reduce the burden off your shoulders.

Finding suitable renter for your property

The most important job of a good letting agency is to help the owner to find a good tenant. If you have some specific requirements when it comes to tenants like non smokers, students or bachelors, the letting agency is the best one to find you suitable renters for your property. A good agency carefully carries out reference checks and background enquiry of the prospective tenants. With an expert agency on board, you can be assured that the tenants will take good care of your property and pay the rent on time.

Takes care of small repairs and maintenance

A good letting agency has a large network of electricians, plumbers, gardeners, and builders etc. who can fix problems quickly and at a reasonable price. Depending on your agreement with the company, the maintenance charges can be added to the monthly letting agency fees. Professional letting agents will also carry out frequent inspections to ensure that the renter is looking after your property well. With a letting agency at your service, there would be no middle of the night phone calls from your renters!

Property is rented quickly

With a letting agency at your service, you will be able to attract the attention of potential tenants more quickly. The firm can advertise your property to as many as potential renters, through online websites, local news papers, social media etc. The letting agencies also use social media sites like Facebook to market your asset. They know how to click good photos of your property and use them effectively on websites to attract more renters.

With a reputed letting agent at your service, you don’t need to worry at all about your property because it’s all being taken care of by the professionals. So, if you have a property and you are worried about its managements, now it’s time that you shun off all your worries and hire skilled and experienced professionals to shoulder down the responsibility of all your property managements related tasks.

Important Features of a Good Real Estate Agent

With an increase in the property business in almost every state, many people try their hand at being a real estate agent. Though it’s not wrong to choose it as a career, but the competition in the field has made it difficult to be successful in it. A good real estate agent literally needs to have the capability to sell and buy the properties wisely and handle his clients. Here is a brief discussion of the qualities that a realtor must have:

A good communicator

Undoubtedly, buying or selling a property is the biggest decision in anyone’s life and the concerned person is definitely interested in getting A-Z information about the things related to it. So an agent’s duty is to communicate and provide even the little information to the client and satisfy them with your services.

It is important to maintain the communication level with the clients. It actually keeps them in touch with you and they prefer approaching you for any real estate issues.

As the real estate market is time sensitive, you need to be in regular touch with the clients and keep on informing them about every minor update.

A Patient Listener

If your agent is talking too much, you have not made a wise choice. A good agent is the one who listens to his clients patiently and understands his needs. He must give you the opportunity to speak your requirements and then deal accordingly. A good agent shall be asking all the questions and not the other way around.

Adapting to the Client’s needs

A real estate agent shall be adapting in nature. As, there are different comfort zones for everyone, so an agent needs to judge those and adjust himself accordingly. For example, some are comfortable with texting, some with the emails and others may be comfortable in talking over the phone. So, you need to understand every client’s needs and make yourself available.

Honesty

Honesty is the biggest attribute to be successful in any business, so real estate is not an exception. Sellers look for the agents that will honestly tell them how things are exactly. They literally get rid of the worries once they are sure about your honesty, which gives you an opportunity to make maximum clients and be successful as an agent.

Hardworking

A realtor shall be dedicated and hard-working. Though showing various properties and regularly communicating to the clients is a tiring task, but you need to stay tireless and keep on working with complete dedication.

Above mentioned are the common qualities, a realtor shall possess. Imbibe these qualities and you’ll be a successful agent, no matter how competitive the sales environment is.

How Can a Good Real Estate Agent Help?

Consider the option of going ahead with a real estate agent because he helps the buyer or the seller of the property in more ways than one. Key responsibilities of a good agent make the entire process smooth, transparent, and easy for clients. However, this proposition is fraught with risk because finding a good agent is often a momentous task. This should not discourage home buyers and property sellers from hiring a good real estate agent as he alone can make things hassle-free for you. Therefore, your focus should be to look for an agent instead of searching for properties listed on various sites. Once you have roped in a verified and accredited agent to work on your behalf, the process of buying or renting or selling a home becomes much easier for you.

Local market knowledge

Equipped with local real estate market knowledge, he provides information of relevant properties available in the area. He studies the options that suit your budget and forwards the shortlisted options to you. This saves your valuable time and money. If you are interested, he shows you the properties. He is familiar with the area you would like to live in and offers accurate information about local infrastructure, school systems, water and sewer charges, public transportation and other concerns that impact your decision to rent or buy a home.

Negotiation

He takes care of the tedious process of negotiating the best deal for you. With skill and expertise, he knows the trends prevailing within the local property market and the competitive prices for various properties. You can bank on him to ensure the best deal and save your hard-money. His commission is also negotiable in most of the cases, depending on the level of involvement and effort put in.

Representation

He acts as your representative throughout the entire buying or selling process and therefore you need a reliable person you can fully trust in matters of right price and the suitable property features you need. He follows your instructions, works tirelessly to minimise your daily involvement in the matter of sale or purchase and seeks your presence only when it is unavoidable – to screen the best options for closing the deal.

Legal assistance

His knowledge about local laws related to the buying and selling of property helps you avoid legal issues. It ensures a smooth deal without any potential conflicts. A legally binding contract is drawn up and he helps you with all the paperwork, referring you to the appropriate professionals for dealing with all the legal matters.

Network

As his up to date with current trends, he nurtures contacts and the professional network to flourish his business. This enables him to be aware of a wide range of available property in the area and suggest options to clients with the help of fellow professionals. Not having an intermediary will deprive you of this big advantage. There is a limit to searching properties online or seeking references through your contacts, but if you have an agent, then there is no limit to the options he can suggest with ease. Most of his suggestions come pretty close to what you look for.

Exposure

Having him on board ensures maximum exposure for your property. Years of experience built an exhaustive database of potential customers and he refers your listing or requirement to generate leads. Gives sound advice on the market value component to price it realistically so that it is sold faster. He provides a visual presentation of your property and suggestions to enhance its marketability and coordinates marketing and advertising of your property on various platforms. Besides, the previews and arranges a walk through each potential home, to show properties that match your requirements and answers all your queries at various stages of the engagement to keep you updated of the progress achieved and ensure your satisfaction.