|Real Estate Information|
The Letting Agents Role
Letting agents play an important role in the buy-to-let industry and a good agent can help make or break your lettings experience. So what should you expect from your letting agent?
To attract good tenants, the agent needs to be well established in the local area and have a good reputation. Try to find agents that are members of national letting organisations, such as ARLA, as these will provide peace of mind for both you and your potential tenants.
Credit checks and references
Once a tenant's offer has been accepted, the letting agent will do some background research to ensure they are suitable.
Credit references from the bank or building society, plus personal references from employers and where applicable, previous landlords are all standard. For the self-employed, references are expected from an accountant or solicitor.
Through their own experience, letting agent's should be able to assess the suitability of potential tenants and advise if they feel that somebody would not be suitable.
Once the suitability of the tenant is assured, an inventory and condition report will be drawn up. This records the condition of the entire property, including carpets, curtains, furniture, wallpaper and paintwork, along with a list of the entire contents of the property.
At the end of the tenancy, the inventory is used to check that the contents and condition of the property are the same as they were at the start. Changes resulting from general wear and tear are taken into account.
Although it is possible to purchase tenancy agreement forms 'off-the-shelf', an agreement produced by a letting agent is likely to give better legal coverage having being revised on numerous occasions by specialist property lawyers.
The agreement should include:
-- Length and cost of the tenancy
-- Deposit to be paid
-- Responsibilities of the tenant
-- Any other specific matters important to the property
It is also a good idea to ensure that a clause is included that allows the letting agent to begin showing the property to new potential tenants, once the existing tenancy has nearly finished. This will help to ensure that you minimise the amount of time that your property is vacant.
Once the tenancy agreement is signed by both parties, the agent will need to advise the tenant on changing the utility bills and council tax payments to their name. They will then need to wait for the cheque for the deposit and first month's rent to clear. Once this has happened, the keys are given to the tenant and they are allowed to move in.
Throughout the tenancy the agent will be responsible for collecting the rent, arranging for maintenance repairs to take place, alerting the landlord to any major issues, plus periodic visits to the property to check all is well and that the tenant is satisfied.
Concluding the tenancy
At the end of the tenancy, the agent is responsible for checking the contents and condition of the property against the inventory report, returning the tenants deposit, minus any monies for damaged property or missing items and ensuring that utility bills and council tax payments revert back to the landlord.
Don Suter is Managing Editor of the UK Property Portal (http://www.ukpropertyportal.co.uk), an online directory and magazine for UK property sales, rental, surveyors, mortgages, conveyancing, property insurance, removals, news, investment and development.
For more information, please visit our property rental section.
This building shows how complicated school real estate can be in D.C. The Washington Post
Erie County Real Estate Transactions Buffalo News
Firm joins global real estate community The Dallas Morning News
Real estate transactions NWAOnline
Massachusetts real estate transactions for Hampden, Hampshire and Franklin counties: Dec. 15, 2019 edition - MassLive.com
Massachusetts real estate transactions for Hampden, Hampshire and Franklin counties: Dec. 15, 2019 edition MassLive.com
Martha's Vineyard News | Edgartown Officials Demystify Real Estate Rules - The Vineyard Gazette - Martha's Vineyard News
Martha's Vineyard News | Edgartown Officials Demystify Real Estate Rules The Vineyard Gazette - Martha's Vineyard News
Real estate transactions for Dec. 15, 2019 | Business Roanoke Times
Public Record: Coshocton County Real Estate Transfers Coshocton Tribune
MaryAnne Gilmartin spins off from L&L Holding Co. to start new real estate firm - Crain's New York Business
MaryAnne Gilmartin spins off from L&L Holding Co. to start new real estate firm Crain's New York Business
Real estate records, 12/15/19 | Real Estate Records Lincoln Journal Star
Dorothy A. Smith, 73, known as Dorothy Stahlnecker in real estate, pioneer for women in commercial real estate - Buffalo News
Dorothy A. Smith, 73, known as Dorothy Stahlnecker in real estate, pioneer for women in commercial real estate Buffalo News
Real estate transfers Mount Airy News
Cutting-edge tech to drive new real estate center near 180th, West Dodge that hopes to create 250 jobs - Omaha World-Herald
Cutting-edge tech to drive new real estate center near 180th, West Dodge that hopes to create 250 jobs Omaha World-Herald
Letter | President runs country like real estate business Santa Cruz Sentinel
Real Estate Transactions for Sunday, December 15, 2019 | Transactions Charleston Post Courier
30+ Essential Real Estate Statistics - 2019 Edition SmallBizGenius
Market Overdrive | The importance of a real estate attorney WGN Radio - Chicago
Compass poaches top Houston real estate agents from John Daugherty Houston Chronicle
Top 10 Brooklyn Real Estate Listings: Magnificent Details in Bed Stuy, Cottage Charm in Ulster County - Brownstoner
Top 10 Brooklyn Real Estate Listings: Magnificent Details in Bed Stuy, Cottage Charm in Ulster County Brownstoner
Bolte Real Estate moves into new office Sandusky Register
Real estate transfers: Dec. 2-6 Toledo Blade
Three Friends Combine To Launch Real Estate Firm, On Track To Reach $100M In Deals - Black Enterprise
REAL ESTATE MATTERS: Exclusive buyers agents and fiduciary duty Sarasota Herald-Tribune
Here is What Hedge Funds Think About Monmouth Real Estate Investment Corporation (MNR) - Yahoo Finance
Here is What Hedge Funds Think About Monmouth Real Estate Investment Corporation (MNR) Yahoo Finance
National Jewish Health's Real Estate Construction Dinner Dance Raises $2.4 Million at Mardi Gras Themed Hyatt Event - The Jewish Voice
National Jewish Health's Real Estate Construction Dinner Dance Raises $2.4 Million at Mardi Gras Themed Hyatt Event The Jewish Voice
Boris Johnson's UK Election Win: Investment Surge Predicted For UK Real Estate As Brexit Drama Recedes (For Now) - Bisnow
Boris Johnson's UK Election Win: Investment Surge Predicted For UK Real Estate As Brexit Drama Recedes (For Now) Bisnow
Elite Sports Clubs properties sold to real estate investor BizTimes - Milwaukee Business News
Real estate transactions for Sunday, Dec. 15, 2019 | Business Quad-Cities Online
Worcester County real estate transfers, Sunday, Dec. 15 Worcester Telegram
Meet the Real Estate Investor Who Owns 18 Properties at 26-Years-Old Black Enterprise
LEMM REAL ESTATE & DEVELOPMENT - Ad from 2019-12-15 | Real Estate Helena Independent Record
Space invaders! Tech 'aliens' abduct office space Colorado Real Estate Journal
RE/Max's Jordan Cohen is (real estate) agent to sports stars Los Angeles Times
Kacyn Cheney joins ERA Team VP Real Estate | News, Sports, Jobs Evening Observer
This real estate investor just bought half of the Mondrian South Beach. It’s his first hotel. - Miami Herald
This real estate investor just bought half of the Mondrian South Beach. It’s his first hotel. Miami Herald
REAL ESTATE ONE -SOUTHGATE | Ads Southgate News Herald
La Crosse County real estate transfers for Sunday, Dec. 15 La Crosse Tomah Journal
Recent Commercial Real Estate Transactions The New York Times
Sponsored: Real Estate Confidential: The Islander vs. Investor Struggle Martha's Vineyard Times
Moore Real Estate Fort Worth Fort Worth Star-Telegram
Boston real estate tax gets closer to becoming reality Boston Herald
Real estate transactions: Aztec Events renews large lease, sister company relocates to Houston - Chron
Real estate transactions: Aztec Events renews large lease, sister company relocates to Houston Chron
What to Know About REIT Dividends | Real Estate Investments U.S. News & World Report
Former real estate agent pleads guilty to defrauding clients Forsyth County News Online
Competition in the real estate brokerage industry: A critical review Brookings Institution
Real estate agents reveal the hottest markets for the next 10 years Business Insider
Boulder County real estate market likely stay stagnant into 2020 The Denver Post
Real Estate – December 13 Greenfield Daily Reporter
41 Berkshire Hathaway HomeServices California Properties Agents Among Orange County's '2019 Real Estate All-Stars' - RisMedia.com
41 Berkshire Hathaway HomeServices California Properties Agents Among Orange County's '2019 Real Estate All-Stars' RisMedia.com
Denver Urban Renewal Authority welcomes real estate expert and former member of Gov. Owens' administration Bob Lee to board of commissioners - The Know
Denver Urban Renewal Authority welcomes real estate expert and former member of Gov. Owens' administration Bob Lee to board of commissioners The Know
Solano Real Estate Scene: Solar technology keeps improving Fairfield Daily Republic
Know In Which Real Estate Market to Invest U.S. News & World Report
Real Estate Transfers: Dec. 15, 2019 | Business messenger-inquirer
Columbia Names Bill Carpenter Director of Preconstruction and Estimating Boston Real Estate Times
How San Jose plans to spend funds raised by its proposed real estate property tax - San mateo county times
How San Jose plans to spend funds raised by its proposed real estate property tax San mateo county times
5 Ways To Earn Money In Real Estate Without A License Black Enterprise
12-14-19 - Real Estate Radio Hour.mp3 Talk Radio 1210 WPHT
‘It’s life-changing’: Real estate firm awards employees a total of $10 million in bonuses - Seattle Times
‘It’s life-changing’: Real estate firm awards employees a total of $10 million in bonuses Seattle Times
Who's News: Hires and promotions in residential Real Estate Weekly
Decreased inventory for buyers in local real estate market Kirkland Reporter
Public Record: Muskingum County Real Estate Transfers Zanesville Times Recorder
Hanover Township pays Homeowner's real estate taxes, insurance, association dues, and more – - Edgar County Watchdogs
Hanover Township pays Homeowner's real estate taxes, insurance, association dues, and more – Edgar County Watchdogs
Real Estate Briefs: Modera Buckhead, Holbrook Decatur, Ashton Woods and more home news - Atlanta Intown
Real Estate Briefs: Modera Buckhead, Holbrook Decatur, Ashton Woods and more home news Atlanta Intown
Homestead Exemption in Real Estate Motley Fool
Berkshire region real estate sales Nov. 24-30, 2019 | theberkshireedge.com
Real Estate Insider: Dino's, M-Brew restaurants in Ferndale for sale again for $3.45 million - Crain's Detroit Business
Real Estate Insider: Dino's, M-Brew restaurants in Ferndale for sale again for $3.45 million Crain's Detroit Business
Joint Ventures In Real Estate Development; So How Do They Work?
There are many reasons why you would consider joining with another person to undertake a development project in Joint Venture. Usually the most basis reason reveolves around something you don't have.
How to Achieve Financial Freedom with Your Home
The secret disclosed on how you too could achieve financial freedom through property (and tell the pension companies just where to stick their measly, worthless 'pensions') Geoff Morris is a self-made property millionaire who made it in less than 18 months even with a hectic 'day job'. He has written a series of articles to help people like you achieve the same levels of success - as long as you are willing to 'Go For It!'Many people these days are getting more and more concerned as they approach retirement age.
Be Patient Screening Tenants
Rental real estate is a solid way to make money. I'm particularly fond of residential properties, because people have to live somewhere.
Selling Your Home - What Can Go Wrong With Pricing and Loans
So, you're selling your home (house, townhouse, condo, apartment, land, lot, farm, ranch, etc.), what can go wrong? The sad fact is that a lot of things can go wrong.
Master Builders Ask, Do You Know What Design/Build or Design/Construct Means? You Should
These real questions are answered by me and US Master Builders after receiving them from readers of my e-book, "Residential Development Made Easy."Question 1.
Real Estate Problem Solver
IntroductionThere are many areas one can invest in. Since I was 15 years old I have looked for the fastest, most effective way to accumulate a lot of wealth, with the least amount of risk.
Eight Out of Ten Millionaires Surveyed Made their Fortune in Real Estate - How?
Consider the statistic in the title for a moment.8/10 millionaires surveyed found their wealth in Real Estate.
The Many Benefits Of Lease Purchasing
Lease Purchasing affords wonderful benefits and opportunities to sellers, buyers, investors and those who would like to operate a home-based business. Lease Purchasing allows you to control property without ownership which has benefits for all.
Real Estate Business
Starting real estate business is not that simple. Multiple aspects of stable business should be considered before you invest even 1$ in real estate.
Farm Expired Listings For Big Commissions
Many real estate agents begin and sometimes sadly end their careers without a plan. And as the saying goes, failing to plan is as good as planning to fail.
Before Selling Your Home
Here are some important steps you should take before you put your house on the market:1. Home Loan Approval for your next HomeYou don't want to be signing a contract to sell your house before knowing if you are qualified to buy another.
Real Estate Investors: How to Get a Powerful Marketing Education for Free
I am a total geek.A few weeks ago, late at night, I wasn't in the mood to go to bed yet so I turned on the TV.
Why Real Estate?
Five months ago I was faced with a decision to keep doing the same thing that I loved or go and try something different and change my life for the better. Well would you like to know what happened?Maybe next time.
For Sale By Owner Listings
Selling your home on your own, without a Realtor, is becoming less and less popular. This is surprising, considering that home values have skyrocketed and commissions have risen along with them.
Do You Need to Download a Landlord Inventory On-Line Today?
Do you need to download a Landlord Inventory on-line now? Why is it so important to have a Landlord Inventory?Firstly, if you are a landlord, you need to be prepared. As much as we all like to think we can trust everyone, it is very important that buy to let landlords protect their investment property as thoroughly as possible.
Commercial Real Estate Industry - Is the Condo Craze Over, or Just Gaining Steam
Over the last two years there has been so much condo activity that many commercial real estate lenders are starting to express concern over the future stability of condo markets. Some lenders have recently found themselves over allocated in condominiums as a result of the recent activity and have therefore become wary of all but the best opportunities.
Sell Your California Home For Top Dollar
HOW TO SELL YOUR HOME FOR TOP DOLLAR1. Make your home look like a model - even if it isn't.
The Costs of Transforming Your Home into a Buyers Dream House
Turning your house into the home of a buyer's dreams doesn't have to cost a great deal of money. In fact, armed with some paint and the determination to work hard, most home sellers usually need to invest only about $500 to spruce up their homes for a quick sale.
The Secret to Maximum Real Estate Profits: Lighting
Lighting is the most important detail of interior Design Psychology for selling houses. Lighting influences a prospective buyer's feelings within a space more than any other interior design element.
How to Make a Buyer Fall in Love with Your Home
If you are thinking of selling your home, there are a number of things you can do to improve the "showability" of your home. But first, let's look at your home through the eyes of the buyer.
|home | site map|
|© 2006 TIGER MEDIA|