Whether spotted behind the desk in their agency office or out and about in their branded vehicle, letting agents can be found across the country. They value properties, market them, find tenants and vet applicants, draw up inventories and create tenancy agreements.
Here are some tips you should know before working as a letting agent in Paisley:
Know Your Clients
Letting agents deal with a number of different clients, from landlords looking to let properties to tenants seeking homes. Understanding what each client is after and how best to serve their needs can make all the difference when it comes to letting out property.
It is also important to build trusting relationships with your clients in order to keep them loyal, and happy with the service you are providing. Showing them that you have taken the time to know them is important to achieve this.
Work On Time Management
Whether you are an established landlord with a property portfolio or just starting out, having a good quality letting agent can be extremely beneficial. They can save you time and stress from dealing with enquiries and meeting with tenants, plus they will have an in-depth understanding of current legislation.
Letting agents are often juggling multiple responsibilities, so working on your time management is essential. It will allow you to be more productive and get things done quicker.
Stay Up To Date
The lettings industry is constantly changing and a letting agent must keep up to date with the latest rules and regulations. This is especially important if they want to remain competitive and continue to meet their clients’ needs. This also helps them to be proactive about addressing any potential issues that may arise.
If they’re not doing this, they could be at risk of breaking the law or losing out on future business. For example, if they were to refuse to rent to someone who receives benefits this would be discriminatory and against the law.
Flexibility
A letting agent must be flexible to accommodate clients’ needs. Whether that means helping an owner find tenants for their rental property, negotiating with tenants over lease terms, or finding solutions to problems that arise in the middle of a tenancy, being willing to think outside the box is essential.
It’s a good idea to look into the letting agents’ background before choosing one for your property. Check that they are a member of the Client Money Protection scheme, and that they have a professional indemnity insurance policy in place.
