The lettings market is consistently growing every single year, and with so many properties being added to it every month, it’s no wonder there are over 10,000 residential lettings companies up and down the country who are charged with marketing properties and finding tenants for landlords.
But how easy is it to find a lettings agent that will specialise in letting your property? Aren’t all lettings agents basically the same?
As a leading letting agency in Sutton Coldfield, we already know how diverse the lettings market is, so let us explain why it’s important to find the best lettings company for your particular property.
Different Property Types
There are a variety of different types of property available on the lettings market in the UK. These include properties such as apartments, flats, bungalows, houses and townhouses to name a few.
Although a letting agency could take any property type on board, there are those who will specialise in marketing specific property types and know how to quickly and effectively fill any properties who need tenants.
This is why it is important to look around and see which letting agents have the best success rates for the type of property that you’re looking to let; you’ll save time and money as they will know how to fill your tenancy availability in the shortest time frame.
Tenants can also benefit from finding a property experts as they will be able to locate the perfect property for their requirements with very little effort which targets their individual specific needs.
Different Demographics
It goes without saying that a student let will have a very different tenancy agreement to that of a semi-detached home that is suitable for a family of three.
The demographic of the area that the letting agent is situated can heavily influence the properties and property specialisation that each company can offer.
If the letting agency is in an area which is predominantly young students looking for term-time addresses, then it is likely that letting agents in that area will specialise in targeting those individuals and specialise in student lettings.
It would be no use marketing a house suitable for a family in such a student populated area, as chances are the property would remain on the market longer than anticipated. It would make more sense to find a letting agent who specialises in letting family homes nearby.
A letting agency should play a crucial role in any letting situation. We are able to provide support and advice to both landlords and tenants, as well as ensure that any new legislation that is brought in is adhered to, taking even more pressure off landlords.
If you are interested in finding out more information about how we can help you with your property letting or renting in Sutton Coldfield, don’t hesitate to contact us today on 0121 321 3388 and a member of the Belvoir team will be happy to assist you.
