Top questions to ask when selecting a letting agent
27th April 2010
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Too many landlords get caught out by thinking they can just appoint a letting agent, hand over the keys, then sit back and wait for the money to roll in.

Every year many small landlords get their fingers badly burned by letting agents who are inefficient or unprofessional.

If your agent fails to find reliable tenants you could face months with no rental income, leaving you struggling to pay the mortgage on the empty premises.

Redstones Lettings in Walsall recommends that you check the quality of their service by asking the following questions:

Are they a member of a recognised industry body?

Association of Residential Letting Agents (ARLA)

National Approved Letting Scheme (NALS)

National Association of Estate Agents (NAEA)

Ombudsman for Estate Agents (OEA)

Are their staff trained to industry standards? 

How long have they been in business?

Do they carry out tenant reference checks themselves or do they use a referencing company? Can you see some samples?

Are they up to date on legislation affecting landlords?

Do they have professional indemnity insurance?

Do they have a detailed knowledge of the local market, especially the area where your apartment is located?

What are their fees? Can they show you a list of all charges? Can they tell you, in writing, the total amount you’ll be paying?

What internet presence do they have, what property portals do they advertise on?

What is their policy on holding rent and deposits on your behalf and are they a member of the Tenants Deposit Scheme?

Can they offer insurance to protect your property or a Rent Guarantee with Legal Expenses policy?

Redstones lettings in Walsall, the leadings lettings and property management specialists, can let your property fast.

CALL NOW for a free market appraisal of your property, contact Redstones  Lettings in Walsall on 0845 226 2833 or visit the website and for the reasons to use Redstones Lettings in Walsall (click here)

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