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Have just let my fourth property through openrent in the last 6 months, have to say am impressed with the service, wonder why i stayed with agents for so long, now that a rent guarantee can be bought at the same time for £89.
I started down this path to cover future S24 increases having previously used agents to manage my portfolio,
it feels like a gamechanger for me but do wonder how openrent makes its money
any other online agents that people can personally recommend
Hi David,Upad is the self-managing lettings partner of Property Tribes and is very popular with landlords. They are the main player in the market and have been around quite a bit longer than OpenRent - around 9 or 10 years now I think.UPad are currently making a special offer to PT members which includes free photos and floor plans. Find out more >>> here.By using the products and services of our partners, you are helping maintain this site as a free to use community resource, so thank you if you do decide to give them your business.
general operations director (aka Colonel Nicaffi) - propertytribes.com
certainly look at upad for the next house that completes 6 april
Upad and Openrent appear to offer quite different packages, so I would encourage landlords to check them both out and choose the one that is right for them.
For example Upad's cheapest service is £120 and features advertising, tenant enquiry management and referencing for which they charge tenants £75
Openrent's cheapest service is advertising only for £29 with the landlord fielding all tenant enquiries.
Looking at Openrent's other services, they do appear to be cheaper than Upad overall. As Upad has a presence on this site perhaps someone could try and convince me why they are better!
A problem I had with Openrent in the past is that if I wanted anything more than advertising (e.g. their "rent now" process) it was mandatory to use their tenancy agreement, something that wouldn't work for me as I needed to tailor mine to reflect conditions of the leasehold.
Hi Jamie, we do charge more than other online agents and the reason is because we're not the type of company to just stick an ad online and hope for the best! Our entire Account Management team and Customer Service team are ARLA qualified and are available to speak to every day of the week.Every customer is assigned an Account Manager who will take landlords through the entire process from advertising to getting the paperwork finalised. If you take a look at some of our Trustpilot reviews https://www.upad.co.uk/trust-in-upad, you'll see that we offer an extremely high level of service that is simply unbeaten in the online letting agent world.None of our services are mandatory, you pick and choose what you need and we can be very flexible on this- advising based on your requirements rather than trying to get a quick sale!The reason James Davis started Upad was because he was fed up with high street agents charging for inflexible packages, which included products he didn't even need- it's core to our business to be flexible on this. Our tenancy agreements are bespoke to your requirements and we have optional extras such as deposit registration, professional photos and gas safety certificates. We really hope you try us out next time you have a property available, please feel free to get in touch with us on Property Tribes if you have any queries.
It will be interesting to see how these online LA cope when LA fees are banned
They may follow the LRS business model where the tenant pays for their own Tenant Referencing Passport which they the show a prospective LL
That way the LA or LL hasn't charged any fees.
But of course no other referencing organisation except for LRS has a network referencing database to ensure more through referencing.
So if other LA adopt the Tenant Passport Strategy they won't have access to tenant and LL database which gives more complete referencing having been built up over the past 8 years!!
So who do you think LL should go to for the best referencing!.
Also probably the cheapest for the tenants!?
LRS ? sorry to be thick
Landlord Referencing Services.
You are not thick
It is just I lazily constantly use abbreviations!!
lol my wife disagrees she said I am thick
interesting web site LRS have
If you want you may call LRS and ask to speak to the owner, Paul Routledge if he is available or there is Ken who is equally helpful!
They are more than content to engage with individual LL and tenants over any concerns or queries they may have.