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An Essential Service in a Booming Market! |
Massive Growth
Since first setting up our Letting Agency Business in South London in 1989 (following the introduction of the landlord-friendly Housing Act of 1988), we've seen the private rental sector (PRS) steadily grow from strength to strength (the term 'buy-to-let' was not even invented until 1995!).
Landlords
Over the ensuing years the private rental sector has proved to be such a viable and attractive investment that new landlords have been piling into the market, with existing landlords steadily adding to their portfolio of properties.
Tenants
This massive growth has been made possible by a corresponding increase in tenant demand, for a variety of reasons including; a more mobile population, short-term employment contracts, training, uni studies, a high divorce rate, and mass immigration. And lets not forget that many people are unable to obtain a mortgage in the current difficult economic climate.
Increasing Demand for Letting Agency Services
The Letting and Managing Agent’s role is to bring together the two parties – property owners (landlords), and people seeking somewhere to live (tenants). In some cases the landlord simply requires a 'tenant find' service, but more often than not the letting agent is engaged to let and then 'manage' the tenanted property on behalf of the landlord. The property itself may be anything from a studio flat to a large country house.
The growth in the market explained above has steadily increased demand for the services of Letting Agents over the years because -
- Many landlords prefer to take a 'hands-off' approach to their investments, thus freeing them up to get on with other affairs, and
- Some landlords live in a totally different area to their properties, and have to rely on letting agents situated locally to the properties.
But more recently two new powerful and exciting factors have emerged which are increasingly creating even further demand for the services of Letting Agents -
- More and more landlords are reaching retirement age. Naturally, they wish to keep their property investments, but no longer want to take an active role in handling them, and
- Increased legislation. With new rules for HMOs (Houses in Multiple Occupation), Tenants Deposit Protection, and more, landlords are increasingly needing to rely on the services of Letting Agents.
All of which equates to more and more business for Letting and Managing Agents!
The Southcourt Letting Agency Complete Business Package provides you with the necessary know-how, materials, and support to tap into this lucrative market.
Now you too can be part of the success story and profit from providing a Letting and Property Management Service to landlords and tenants in your own local area.
What Does Running a Letting Agency Involve?
Much of the Letting Agent's work is office-based and centred around the telephone, and consists of:
- Taking property details from private owners and investors
- Listing tenants’ requirements and matching them to suitable properties
- Straightforward paperwork and record keeping, and overseeing the tenancy.
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Trips out to take on properties and meet tenant applicants for viewings add interest and variety. The Lettings Business has a respectable and professional image, no manual work is involved, and you don't physically collect rent. You'll find the work pleasant and satisfying because everyone involved benefits:
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- Landlords let their vacant properties through your service
- Tenants are grateful for your help in finding them a suitable home
- In the process you’ll earn substantial fees and commissions, and build a steadily expanding
portfolio of managed properties.
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Letting Agency Manual |
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Comparison with Letting Agency Franchise |
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Terms and Conditions
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| Professional Lettings Package |
| Lettings/Sales Agency Website |
We also provide a highly
cost-effective and efficient Property Website Solution
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Full Database Driven Search on all Websites
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Property Portal Software - Upload To Major Portals
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Upload to 15 FREE Property Portals at the Touch of a Button
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3 YEARS' FREE FULL HOSTING/EMAIL
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Add UNLIMITED Properties To Your Website - Quickly & Easily!
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Produce Printable Custom Property Particulars
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Monitor Your Property Viewings With Google Analytics
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"I have been dreaming of this business for so long and wondered how I was ever going to get started. My business package arrived when you said and I am very impressed with the quality and content. It is very fortunate I found your website, you have saved me from the large costs of franchising and the tie-ins associated - I dont know if I will ever be able to thank you enough for this.”
Mr P Smith
“My Agency is now up and running and it all looks pretty promising at the moment. Thanks for the business package, the manual has indeed become my bible with some well thumbed pages. The advice contained in it is invaluable in my opinion.”
Mr I Crosbie
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