Comments on: Guide On Picking The Right Letting Agent http://www.propertyinvestmentproject.co.uk/blog/choosing-the-best-letting-agent/ DOCUMENTING ONE MAN'S JOURNEY TO BECOMING A PROPERTY MILLIONAIRE Wed, 08 Feb 2012 21:13:32 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jo Ward http://www.propertyinvestmentproject.co.uk/blog/choosing-the-best-letting-agent/comment-page-1/#comment-88242 Jo Ward Tue, 20 Apr 2010 21:17:04 +0000 http://www.propertyinvestmentproject.co.uk/blog/?p=1883#comment-88242 I see there is a lot written about bad landlords. My friend had a tenant whose deposit cheque bounced..so in effect he did not pay a deposit. THen he had only paid the first month's rent and fell into arrears. All his rent cheques bounced. He ended up by footing the bill as it took 4 months notice etc to get him out and legal fees, and tenant only agreed to go if no claim made for any back rent..He had done it before.. and is doing it again.We have no way of advising other landlords of his name? Why not a better protection for landlords? I see there is a lot written about bad landlords. My friend had a tenant whose deposit cheque bounced..so in effect he did not pay a deposit. THen he had only paid the first month’s rent and fell into arrears. All his rent cheques bounced. He ended up by footing the bill as it took 4 months notice etc to get him out and legal fees, and tenant only agreed to go if no claim made for any back rent..He had done it before.. and is doing it again.We have no way of advising other landlords of his name?
Why not a better protection for landlords?

]]> By: Bruce http://www.propertyinvestmentproject.co.uk/blog/choosing-the-best-letting-agent/comment-page-1/#comment-64229 Bruce Wed, 16 Sep 2009 11:22:56 +0000 http://www.propertyinvestmentproject.co.uk/blog/?p=1883#comment-64229 One more addition from my perspective as a forward looking letting agent. Google a few key phrases and see where an agent comes up. Are they 100% reliant on battling it out in property portals with every other cat or do they seek all that extra traffic available from search engines? This will also indicate whether they are proactive in their marketing strategy. www.musthavepads.com One more addition from my perspective as a forward looking letting agent.

Google a few key phrases and see where an agent comes up. Are they 100% reliant on battling it out in property portals with every other cat or do they seek all that extra traffic available from search engines?

This will also indicate whether they are proactive in their marketing strategy.

http://www.musthavepads.com

]]> By: Matthew http://www.propertyinvestmentproject.co.uk/blog/choosing-the-best-letting-agent/comment-page-1/#comment-61450 Matthew Mon, 24 Aug 2009 09:05:19 +0000 http://www.propertyinvestmentproject.co.uk/blog/?p=1883#comment-61450 I have used three different agents and now realise that I should have stayed with the first, who were very helpful and efficient. I had no worries about the houses or tenants, but subsequent agents have given me a headache, promising the earth and letting me down. My advice is therefore, once you find an honest and efficient agent, stick with him, as it would appear that letting agents and used car salesmen are from the same mould, and most will tell you just what you want to hear. My first agents were Martin and Co and I should have stayed with them! I have used three different agents and now realise that I should have stayed with the first, who were very helpful and efficient. I had no worries about the houses or tenants, but subsequent agents have given me a headache, promising the earth and letting me down. My advice is therefore, once you find an honest and efficient agent, stick with him, as it would appear that letting agents and used car salesmen are from the same mould, and most will tell you just what you want to hear. My first agents were Martin and Co and I should have stayed with them!

]]> By: GillsMan http://www.propertyinvestmentproject.co.uk/blog/choosing-the-best-letting-agent/comment-page-1/#comment-61440 GillsMan Mon, 24 Aug 2009 07:06:12 +0000 http://www.propertyinvestmentproject.co.uk/blog/?p=1883#comment-61440 Great article. On renewal fees, OFT has been looking into this practice and whether or not it is fair. See press release: http://www.oft.gov.uk/news/press/2009/83-09 My understanding is that agencies now have to make this fee abundantly clear if they do use it, otherwise they're breaking the law. Personally, I don't use a letting agent, but it's always good to be aware of their pricing practices. Great article. On renewal fees, OFT has been looking into this practice and whether or not it is fair. See press release: http://www.oft.gov.uk/news/press/2009/83-09

My understanding is that agencies now have to make this fee abundantly clear if they do use it, otherwise they’re breaking the law. Personally, I don’t use a letting agent, but it’s always good to be aware of their pricing practices.

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