Should You Use a Buying Agent? - Part Two
Ask what aspects of the buying agents’ activities they outsource because if they subcontract say the letting and management they will have less control.
Usually you are better off using a different specialist agent to find tenants and maybe another one to manage tenants (or do it yourself).
This is because there are different skills involved in finding a property to those involved in furnishing it and different skills again are required for letting and management.
At the very least, you should consider using another company for the letting management side.
In particular, be wary of buying agents that are part of estate agency arms as there is the obvious temptation for the buying agent to recommend a property that the estate agency side is trying to sell - and which might not be best for you.
Part Three Tomorrow.
Back to site: www.lettingfocus.com
Copyright David Lawrenson 2007
Usually you are better off using a different specialist agent to find tenants and maybe another one to manage tenants (or do it yourself).
This is because there are different skills involved in finding a property to those involved in furnishing it and different skills again are required for letting and management.
At the very least, you should consider using another company for the letting management side.
In particular, be wary of buying agents that are part of estate agency arms as there is the obvious temptation for the buying agent to recommend a property that the estate agency side is trying to sell - and which might not be best for you.
Part Three Tomorrow.
Back to site: www.lettingfocus.com
Copyright David Lawrenson 2007
This entry was posted by lettingfocus, on
Tuesday, January 09, 2007.
