If you are looking to rent out your property, you will be faced with the question of whether it’s better to be a private landlord or to use a letting agent. There are benefits and disadvantages of both. However, I personally believe that using a letting agent is better for a number of reasons. I have summarised what I think are the top three reasons you should use a letting agent rather than rent out privately.
- Using a letting agent saves a lot of time. There is a lot involved in the process of renting out your property. It includes finding tenants by advertising your property, organising the viewings, organising the credit checks, creating the tenancy agreement and organising the move to name a few. Most landlords are busy people and using a letting agent, like Me and You Estate Agents, can take a lot of the pressure off your back.
- A letting agent can advise you when you need help. Being a private landlord means a lot more responsibility and being alone when faced with difficult situations, which unfortunately happens a lot. A good letting agent can help you feel supported and give you help with tenants when you need it.
- Using a letting agent is a good way of avoiding having direct contact with your tenants or potential tenants during viewings, if this is something you’re not keen on. The letting agent really does take control and make the process a lot less of a pressure for the landlord.
To summarise, using a good letting agent really can make being a landlord a lot more satisfying and less difficult experience. Look up Letting Agents Cheltenham to find the right letting agent for you to help you rent out your property.