The focus is now on property management - but make sure you get it right!
How Letting Agents Can Boost Their Income by Offering Property Management
This section can introduce the idea that agents offering full property management services can increase their annual income by up to 80%, especially in light of new research from ARPM.
The Untapped Market of Landlords Who Only Use Letting Agents for Tenant Finding
Focus on the untapped market of landlords in London who may be missing out on a full property management service and how agents can tap into this opportunity.
Private Rentals and Remote Landlords: A Growing Market for Property Management
Highlight the increasing demand for property management due to the growing number of private rentals and remote landlords
The Impact of Tenant Fees Ban and How Property Management Can Help
Discuss how letting agents are expected to lose £400 per letting due to the tenant fees ban and how offering property management can help recover those losses
Why Property Management Is a Serious Business and Not to Be Taken Lightly
Emphasize the importance of providing a high-quality service in property management, especially in the face of new regulations and qualifications
Tailored Property Management Services to Meet Every Landlord’s Needs
Present the flexible options for property management services, from basic to full management, offered by Ringley to cater to different types of landlords and their budgets.
Planetrent Properties
Under Offer: This term applies to a property where the landlord is considering an offer but remains on the market. It implies that further offers may still be considered until the landlord formally accepts or declines the current offer.
Let Agreed: This term indicates that a landlord has provisionally agreed to enter into a rental agreement with a prospective tenant, pending additional checks and referencing. It doesn't require the prospective tenant to have paid a holding deposit.
Let: This term signifies an established binding rental agreement between the landlord and tenant.
For both lettings and sales, the guidance addresses additional terms:
New On The Market: This term is used for a property not advertised since its last sale or rental. It should only be used for a brief period.
New Instruction: It applies to a property assigned to an agent for marketing recently, even if it was previously listed with another agent without being sold or rented.
New and Exclusive: This term refers to a property that is either new on the market or a new instruction, exclusively available through a specific agent or portal.
New Method of Sale/Let: This term is used when a property is being marketed for sale or rent using an alternative approach to the original advertisement, such as transitioning to an auction or sealed bid.
Reduced: This term indicates that a property's price has recently been reduced. The reduction should be genuine and comply with the Chartered Trading Standards Institute's guidelines on pricing practices.