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I'm looking at moving our portfolio over to a single agent. We have property mostly in the south east, but expanding in southwest and above. At the moment we have 3/4 different agencies (lots of contacts, differing pricing, reports etc.)
I see the following options:
We are not yet big enough to go with one of the mass operators like LIV or one of them. I just would like to have a single point of contact. I would also consider using a local agent to find the tenant then hand over to an online agent for the management.
Any help especially on point 2 & 3 very much appreciated. I'm doing a bit of an appraisal at he moment on the online agents but seems like most don't do viewings.
If you have time Manage it yourself or set up your own company to do it
If you do use and agent go to an ARLA agent or similar
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.
Thanks. I don't want to manage it myself. setting up a company would suit if they were all in one small geographic area, but they are not, and will continue not to be.
Very useful tip about checking the arla membership / nla / rla etc.
Basically I just want 1 single point of contact for management...I will think more and continue to post.
p.s. I'm another dislexic landlord
How many properties in total and how many by area?
I had a work colleague who had obtained a maths degree just for a laugh
He didn't need it for the same job as me
He was dyslexic
Some of the cleverest people are!!!
13 at the moment, south east mostly
I'd be really interested to know how your research went. I am an independent inventory clerk based in the midlands and most of my current clients are agents. I want to expand more into the private landlord sector and was thinking about expanding my offering to include viewings for those landlords who don't like to do viewings themselves. I am also keen to find out how the online agents deal with right to rent - most seem to avoid mentioning it on their websites. I think this is where they fall down as (my understanding) is that you have to see the applicant in person with their documentation. Difficult for an online to do and another thing I think could be offered with viewings. As a landlord myself (who chickened out first time and used a client to tenant find for me!) I know one of the key worries was performing a right to rent check.