The Property Podcast TPP005: How to choose a letting agent
Apr 18, 2013
Listeners are treated to surprising insights about house prices, highlighting a significant drop since the recession. Actionable tips on selecting a letting agent take center stage, emphasizing the importance of referrals and checking listing quality. A phone test and mystery shopping tips provide a clever way to assess agents. Hosts caution against agents boasting about having hundreds of tenants waiting and recommend focusing on service quality over fees. There’s also a handy resource shared to enhance your emailing skills!
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Property Values Down In Real Terms
- Real house prices have fallen about 26% since the recession when adjusted for inflation.
- This shows property currently offers real value despite nominal stagnation.
Start With Landlord Referrals
- Ask other landlords for referrals before researching letting agents.
- Trust firsthand experience over badges or marketing claims when choosing an agent.
Check Their Listing Coverage
- Check which property portals an agent lists with, such as Rightmove or Zoopla.
- Prefer agents who advertise across multiple major portals to increase exposure.