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  • Entrepreneurs

    Letting Agency from home

    I am looking to speak to people who run a letting agency from home or who originally started from home and have grown either into a physical unit or co-working space.

    I would be looking to have a call with them just to get some colour on key challenges, advantages, disadvantages, processes etc..

    If you would like to help, please send me a message.

    Thanks

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    Letting agency I am not sure that's a good thing to be honest with you

    Can you imagine Tenant's coming to your home angry with you because you or the Landlord has not done what they want

    As a Landlord I would rather use and Agent who had an office

    I think the days are gone when an agent needed a shop window due to technology

    so why not rent an office cheaply above shops on the High St

    I once new a Agent who did all his work in Starbucks he did not last long

    Agents need to be more professional than ever Now in my opinion

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    Interesting. You raise some good points. I guess there is the option of getting a small space in a co-working place as well. Definately not keen keen on signing up to a lease, rates etc..

    But agree that some kind of physical presence has value.. And maybe not at home!

    Again would love to hear from people who have been though this.

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    The wife of a friend joined Keller Williams and works from home and also uses their hub office on occasion.

    She works part time and does two to three sales a month.

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    Hello drdes,

    Happy to share info on my experiences on the issue of remote working / virtual office address.  I'll message you.

    All the best

    Helen

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    Not the question you asked but, as in any role, it helps to have some experience of the role in real life. 


    So why do so many people become "letting agents" without bothering to go work for some local agent for a few months to understand the job a bit first?  (Probably because they've dome a course or read a book telling them it's a brilliant get-rich-quite scheme/scam that needs no experience or qualifications... )

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    I think this depends on who you are targeting.  After receiving a lot of enquiries from my investors I have set up my own boutique lettings agency to manage their purchases within my local area.  The difference though is that I am not looking to take over the world, and I don't want to manage the properties that Joe Blogs has.  I am looking to continue working with true investors who are looking to build real portfolios, not accidental landlords.  All I want to do is to be able to have enough income that will pay for two people to run the business so that my own rentals are managed for me. To do this I am looking to offer a more personal service to my LL's.  I never intend on having an office for this side of the business for tenants to visit, we are looking to offer a more unique management experience than other agencies.... we go to the lengths of dressing rental properties.

    If you are looking to be the "next big thing" in your area and targeting anyone who wants a property managing then you may well need some sort of office, first impressions are important for the general public.  What sort of agency are you looking to grow?

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                 http://www.fmp-investments.com