subject: East London Property Agents: 8 Points to Consider Before Selecting a Property Agent [print this page] East London Property Agents: 8 Points to Consider Before Selecting a Property Agent
East London Property Agents: 8 Points to Consider Before Selecting a Property Agent
Huge selection of East London property agents available to landlords for their lettings and property management needs.
For most landlords property would be their one of the biggest asset they may have. Therefore, it is vitally important to select the right agent to find tenants or manage your property.
Here are the few points which you should pay attention to at the time of selecting letting agent.
EXPERIENCE
There is no alternative to experience in any field of life.
Same applies in letting and property management field; an experienced agent
can be really helpful in most situations and can save you money, time and lots of headache.
OFFICE LOCATION
Things are changing very quickly and everything moving towards online.
It is very helpful especially in marketing but I think when it comes to meeting people
face to face having an office is really important.
During lettings and property management you will often require meeting the tenants and having a proper office (meeting place) becomes really important.
Therefore, you should consider this point when selecting an agent.
MARKETING
We can't deny the fact that marketing is a backbone of any business.
To me no marketing no business.
You should find out how the agent will market your property. Agent should have
diverse marketing plan to find suitable tenants quickly for your property.
Here is a list of few marketing channels your selected agent should be using most of these channels.
Major property portals e.g. zoopla, right move, property finder etc
Own website
Shop Windows
Social media marketing (facebook, twitter etc)
Local news paper
TENANT REFERENCES
I can't emphasis on the importance to have proper references before signing the tenancy agreement. References should include:
Tenant IDs
Bank Statement
Employer Reference
Previous Landlord Reference
Credit Report
Guarantor (if required)
Always check whit the agent their tenant references policy and see how robust it is.
STAFF
Pick up the phone and call to the agent, this will give you a chance to speak with the staff to get the idea of their professionalism.
They should be friendly and supportive as these are the people you will be dealing most of the time.
FREE RENTAL VALUATION
Agent should offer free rental valuation of your property and advice how to get best rental return on your property.
SERVICES OFFERED
Letting agents do offer wide range of services such as:
Let Only
Rent Collection
Full Management
Landlord Insurances
Finance Arrangements
It is a good idea to see what services they can offer, which can be helpful in the future.
THEIR CUSTOMERS
What agent's existing customer says about their services is one of the best way to judge the agent's work quality and ability to deliver.
See if your agent has an existing customer page on his website.
You can check our customer page to see what our customer says about our services. Contract Properties is a one of the oldest East London Property Agents specialises in lettings and property management.
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