What Are The Duties Of A Letting Agent?

By Author: Robin Gibbs
Total Articles: 5
Comment this article

Letting agents let and manage residential or commercial properties for their clients. Duties range from sourcing and verifying tenants, to collecting rent, and property management. They obtain fees from both landlords and their tenants. A letting agent will help a landlord to let their property at the best rental prices, based on the area in which they are located. For tenants, an agent will source accommodation based on the client's criteria.


Successful letting agents are ones who know their job, responsibilities and locale, and work accordingly. The main responsibilities of a letting agent will vary, depending on a client's needs. They must work in the best interests of their clients, and that they treat landlords and tenants honestly, fairly and promptly. Some of the main duties of a letting agent are explained below:

Initial visit to the property to provide a complete property valuation
Providing a comparative letting market analysis to clients
Helping to decide an applicable rent for a property
Providing full information about the letting process
Marketing of rental properties ...
... to attract responsible tenants
Communicating with potential tenants to determine what kind of property they are looking for
Carrying out viewings at rental properties
Selecting and screening reliable and trustworthy tenants
Establishing the first contact by Introducing the tenant and landlord
Referencing and preparing tenancy agreements and other legal paperwork
Handling the rent collection
Working with tradesmen, such as builders, cleaners and suppliers
Handling any issues of tenants regarding property
Keeping up to date with changes in the law related to lettings.
Taking appropriate and timely action against tenants in the event of rental arrears
Inspecting the property at agreed intervals and organising repair or maintenance
Playing the role of a mediator between landlord and tenants if required

There are numerous advantages to both landlords and tenants for hiring letting agents. A professional agent with awareness of the local market will save you time and effort in searching for appropriate tenants. For tenants, a letting agent is one of the quickest ways to finding an ideal accommodation in the shortest period of time. If you are looking for Stafford letting agents, Redstones is ready to help. They are specialists in residential sales, lettings and property management throughout Stafford and the surrounding areas.


To arrange a FREE no obligation consultation, contact us on 01785 503003. For more information about our services, you can visit http://www.redstones.co.uk/office-locations/stafford


About Author:


Robin Gibbs is a professional writer, recently he has written several articles for Redstones Stafford, a leading property agency. The team of expert Stafford estate agents can provide you with a range of property services in Stafford and surrounding areas.