Posted by Megan Krasewitz | Posted in Advertising | Posted on 18-12-2008
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Its an interesting point that a tenant made to me the other day and i felt I needed to pass this information on, in a nutshell this prospective tenant went to look at a property, now from the internal pictures and the description it sounded great and as the Tenant did not know the area it sounded and looked great so a visit was arranged through the letting agents. when the tenant turned up in the area she found that the area was not to her liking and she rejected the property, needless to say the agents and the tenants time were both wasted as no matter how good the internals were, the street did not do anything to sell the house.
Therefore this post is all about pictures and perhaps its an idea for Letting Agents to display a picture of the street.
Rentright do have plans to provide information of areas which would also provide prospective tenants information on to the suitability of the advertised property to their needs.
At the current time if you are not already in a homeowner property then it would be a good idea to keep on renting. Over the next year or so the prices of sales property are set to go down even further and the current estimate by leading bankers is by another 10%. This means if you bought your property now you could find it is worth less than you paid by some considerable amount. It makes sense to bide your time and make your move when the time is right and do not pay more than you need to for a property when you buy it.
The beauty of renting property is you can take your time and wait for exactly the right moment to make your move and get onto the property ladder. If you are looking for a new rental property then you need to take a look at the Rentright website which has thousands of new property added to the site on a regular basis. Throughout the UK there are lots of rental property and there will be something in the area where you are looking to rent.
TOP TIP – RENT INSTEAD OF BUYING
Posted by Megan Krasewitz | Posted in Join Rentright | Posted on 15-12-2008
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This post is quite simply the Rentright Mission statement.
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Rentright’s aim is to provide an industry leading residential property rental website with up to date properties for the rental hunter presented in a simple, clean and effective manner without external advertising”
Its always difficult to tell a landlord that they are being unrealistic about how much rent they can expect to get from a property and therefore its a good idea to have tools at your disposal to show much in reality a particular property can be rented out for.
below are identified just a few of the many ways in which a rental value can be placed on a property
1. Location – has property been/is rented out in the street or area before, this will give an indication of what rent can be set. This can be checked using various internet sites as well as the
RRPI, or residential rental Price Index, and also see if any other property is available from other websites to help.
2. Condition – the condition of a property is really important, Tenants are more particular than ever before and a new kitchen or power shower will make a property more desirable than any similar priced property without these features.
3. Be flexible – if a tenant wants to stay in a property longer then be flexible to negotiate and make sure you know what the lowest amount of rent the landlord will accept. It is far better to have a property rented to good tenants who will look after a property for a long period than getting a higher rent from ones who do not want to stay for so long and will not look after a property quite as well.
obviously as a letting agent you probably knew this already and we are teaching you to suck eggs but its always worth acknowledging the building blocks of any business.
This is a common and well known saying which can be adapted for many walks of life. Looking at the meaning it suggests that if you spread your net out over a large area then you will be bound to get yourself a larger catch, and this is with out a doubt true. This can also apply to when you are advertising and never has this been more true than in the property market. If you have properties without tenants in them then you will have a landlord who is not taking in revenue. So you need to ask yourself one question, why is the property vacant?
It could be there is no demand for the property in the area? or it could be the house is not fit to live in? or it could be your advertising is failing you? If it is the last reason then reviewing your advertising strategy may be the best option. What do you need from your advertising strategy:-
- Cost Effective Solution
- Leads to Fill Vacant Rental Property
This is basically what rental property advertising sites need to give you and why pay more than you need to. So as the title of this article suggests, if you cast your net wide you will catch more tenants. Check out the Rentright Property Rental Portal to see how we can help get your vacant rental property filled with tenants.
Letting Agents check out Rentright Today – Click Here
Posted by Megan Krasewitz | Posted in Join Rentright | Posted on 03-12-2008
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In these challenging times its important to use what you have to its best advantage and thats why Rentright do all the hard work for you while you get on with running your business. Behind the scenes Rentright is trawling the web and developing relationships with 3rd party websites and software vendors in order to get you the best possible advertising you can at the best price in the industry.
We are currently at work negotiating a deal with an international property portal who can help grow your web presence and increase your hot rate. This is all well and good but if your not getting your property listed on rentright then we are not sending it out and this cannot be good.
In short our message is this ‘upload you property, keep your agency details correct, and make sure we have your correct images for logo and website’, after all with over 2000 agents listed we rely on you to help yourself. Rentright was built so that the agents can keep there details accurate its quite simple just login to your user area and update, if you need your username and password just drop us an email using the form on the
CONTACT US page.
If you need help or want to make sure that we can take a property feed from your agency software just drop us an email.
Happy Lettings.
