There are many letting agents to choose from, but not all of the agents are right for you. Before you select an agent, you need to be clear about what you need from an agent. The price of service is always essential, and it should be a leading factor, but you cannot solely focus on the lowest priced agent.

There is a need to find an agent who will work hard on your behalf, who has a strong track record in helping landlords let property, and in offering an affordable service.

Letting your property can be expensive. There are many bills and fees to take care of before you receive your first month’s rent from a tenant, so landlords must review their finances carefully. If you are looking to balance your budget while still receiving a high standard of service from your letting agent, you should consider a no let, no fee service.

You can budget accordingly

When you have a no let, no fee agent working on your behalf, you don’t pay a penny until your rental accommodation has been let. This lowers your expenditure before you bring in rental income, which is a great boon in balancing your budget.

If you are concerned about spending too much money before you start to generate monthly income, choose a letting agent that provides you with a no let, no fee service.

We are motivated to work on your behalf

Many landlords are concerned that an agent who has received their payment up front will lack motivation in working on their behalf. It is easy to see why this is a concern for some landlords. Over time, landlords who fail to provide a reliable standard of service will receive poor feedback, which will harm their reputation.

However, in the short-term, landlords are right to be concerned that an agent may not be as motivated as the landlord wishes they would be. With a no let, no fee agent, this isn’t a concern. After all, if the agent doesn’t provide you with a suitable tenant for your rental property, they don’t get paid.

This agreement motivates the letting agent, providing the landlord with confidence when it comes to avoiding blank periods in their rental property.

We offer full transparency

Given the importance of finance in your business, you need to work with agents who provide transparency. A no let, no fee agent only collects payment when they have let your home, and you can see the work that they have undertaken. This isn’t the case with landlords who receive payment up front.

With the Tenant Fees Act limiting the fees landlords can charge, there is a greater need for landlords to be in control of their finance and budget. Choosing the right estate agent makes a difference.

Therefore, if you want peace of mind and a cost-effective way to let your property, you should seriously consider a no let, no fee agent. If you’re looking for a no let, no fee agent in Bridgwater, contact Andrew Lees, and we’ll be happy to assist you.