Landlord Products / Services
Let’s discuss a Tenant-Find service that packs more nutrition and value than a ripe avocado. For only £69!
I’m not here to ‘sell it’ per’se, but I am here to ensure you know about it, ’cause to be honest, I think it’s currently the best tenant-find service for landlords on the market in terms of price and value, which is precisely why it’s my top pick!
What is a Tenant-Find Service?
Okay, so real quick – before we get into the weeds – just so we’re all on the same page.
A tenant-find service (frequently referred to as a “tenant find only” service) is a service offered by most letting agents to landlords that wish to self-manage their own properties.
A typical tenant-find service will include marketing services to generate tenant enquiries and tenant-referencing services. Then once a suitable tenant is found, the agent will assist in arranging a tenancy agreement, and then leave the responsibility of managing the tenancy/property to the landlord.
The service is specifically designed to assist landlords in finding suitable tenants for an occupancy.
So what’s got me all excited?
OpenRent’s “Rent Now” package
As you may or may not be aware, OpenRent is the UK’s biggest online letting agent, and I’ve been a huge fan of their service since their inception. I’ve lost count of how many “look at them” parties I’ve thrown.
They offer an incredibly popular Tenant-Find service, which allows landlords to list vacant rental properties on Rightmove & Zoopla for free for 5 days (which is often enough time to generate enough enquiries to find a suitable tenant)! No strings attached. It’s fabulous. I’ve covered the service in depth in my giddy OpenRent review, but here’s a quick overview:
| Letting Agent | Rating | Term | Includes / Notes | Price | |
|---|---|---|---|---|---|
OpenRent | RatingGoogle Reviews | Duration 5 days / 3 months* | Includes / NotesUltimate Advertising package
*5 days free, and then the option of continuing service for 3 months for £39 for new customers and £49 for returning customers! | PriceFree Trial*FREENo hidden fees, no credit card details required! | Visit Website |
Needless to say, the offer flies off the shelf like…err, a free trial. It’s definitely a superb service for any landlord that’s in the market for a spanking new tenant for potentially nothing.
Naturally, the freebie steels a lot of the limelight, but as a consequence, OpenRent’s alternative premium “Rent Now” package – which sits on the same shelf – is often shunned and casted aside like week-old mayo left in the sun.
Alas, that’s a shame in my opinion, because it’s that kind of rash and mindless shopping spree that leads to missing out on the real hidden gem!
The reality is, the premium package has never been an eyesore (or a decaying pile of expired food), but it’s always tough to compete with freebies. However, the “Rent Now” service is actually also a pretty remarkable product that can often make the better choice, depending on what a landlord demands from a tenant-find service. So that’s precisely why I’m here, to throw some well-deserved shine on the least favourite child.
Take a peep at this…
| Letting Agent | Rating | Term | Includes / Notes | Price | |
|---|---|---|---|---|---|
| OpenRent Top Pick | RatingGoogle Reviews | Duration 3 months | Includes / NotesAdvertising + Rent Now package
| Price£69 Inc VAT | Visit Website |
I know, I know! Nope, it’s not a free service, so you’ll need to dip your hands into your pocket for this one, but does anyone actually have the Cahoonas to tell me that’s not worth £69?
it’s still quite frankly, peanuts. And it’s totally worth it if you want to benefit from the extra features it includes over it’s blue-eyed sibling.
OpenRent’s Rent Now package comes with all the features provided in the 5 day free trial package, plus the following:
- Tenancy creation service – create a custom tenancy agreement and have it digitally signed.
- Deposit registration – complies with the tenancy deposit legislation, which includes securing the deposit into a deposit scheme and serving the prescribed information to the tenants.
- First month’s rent collection – collects the first rent payment on the behalf of the landlord.
- Optional ongoing rent collection – option to continue the rent collection service for £10 per month.
I know a lot of landlords opt for this package because of the tenancy creation service feature alone – OpenRent just makes the process piss-easy.
Yes, the package includes an optional “Rent collection” service for only £10 per month!
I feel OpenRent’s optional “rent collection” service, which is only available with the Rent Now package, deserves some one-on-one time, because I’ve yet to find a cheaper find-tenant + rent collection bundle.
The first months rent collection is free, it’s included with the one-off £49 base price, but OpenRent provide the option of continuing the rent collection service for £10 per month for as long or as little as required, and you’ll only be charged the monthly fee when collection is enabled and paid in full by your tenant.
If rent collection is enabled, OpenRent will automatically send your tenants reminders of when/how to pay, and notify you of payments and arrears; plus they will automatically generate a rent statement.
If you’ve purchased a “Rent Now” package in the past and still have the same ongoing tenancy, you can enable the new rent collection service by logging into your OpenRent account and enabling the “Rent Collection Service”
Once the rent collection service is enabled, you can disable it any time.
Yup, it’s ONLY £69 (one-off fixed fee)
As said, I genuinely believe OpenRent’s Rent Now package is currently the best tenant-find service (+ optional £10 per month rent collection service) on the market, nothing compares to it in regards to value and price point. Don’t get me wrong, the freebie option is definitely a winning horse, but it’s popularity often creates a distraction from the real gem.
To be fair, you can’t go wrong with either of OpenRent’s packages.
Oh, and please, don’t get me wrong, I’m aware there are plenty of other fan favourite Tenant-Find services out there offered by competing online agents, such as Visum and LettingAProperty, and the others listed in my online letting agent comparison table. So if you’re loyal to any one of them, then I recommend you remain loyal.
But to illustrate why OpenRent’s “Rent Now” package is my top pick, perhaps it’s worth pointing out that no other agent is able to match OpenRent’s price point when put up against like-for-like tenant-find packages (you can use the online letting agent comparison table to see for yourself).
Right, I’m done.
If you have any questions, or if you have an itch that needs scratching (no matter where), hit me up below!
Landlord out xo
Disclaimer: I'm just a landlord blogger; I'm 100% not qualified to give legal or financial advice. I'm a doofus. Any information I share is my unqualified opinion, and should never be construed as professional legal or financial advice. You should definitely get advice from a qualified professional for any legal or financial matters. For more information, please read my full disclaimer.
Reading through various blogs after discovering your site. Fantastic information and insight. But no “dates written”, so not sure of some of your more time critical comments and advice. Otherwise enjoying the knowledge, it’s great.