A letting agent in Glasgow works alongside landlords to aid them in managing their properties including tenancy procedures. Many landlords find that they require a letting agent if they are managing more than one property, and/or can not find the time to manage all documentation, rent collection, and ensure that all their legal responsibilities are taken care of. A Glasgow letting agent is there to manage a lot of the landlord’s responsibilities, taking some of the pressure off the property owner.
What Are The Responsibilities Of A Letting Agent?
Before you hire a letting agent in Glasgow, it is helpful to know exactly what you should be expecting from them and their job responsibilities.
Letting agents can find suitable tenants to live in the landlord’s property. This will save the landlord a lot of time finding a tenant themselves. They will also be responsible for marketing the property as well as discussing and drafting the tenancy agreements so that both parties are aware of their rights. Since letting agents are experts in the property field, you can be certain that all agreements and tenancy documentation is accurate and fair.
A letting agent can also provide the landlord with advice and guidance on their legal requirements and help them to meet all deadlines to avoid pitfalls. They also provide knowledge about tenancies and their agreements.
Benefits Of Hiring A Letting Agent
There are many benefits of hiring a letting agent for landlord, such as:
- You will gain accurate rental valuation based on the property itself as well as the market. Therefore, you can be sure that you are charging tenants the right amount of rent each month which can avoid confrontation and legal battles.
- You can advertise your properties on major sites. Top property websites do not allow just anyone to advertise on their pages, they require proof that you are an estate agent. Your letting agent will be able to do this for you, guaranteeing more people are going to see your ad.
- A letting agent will be choosing only trusted tenants to live in your property. They will run checks and vetting to make sure the tenant is reliable and suitable. They are simply protecting you and your properties from missed payments, damage, and confrontational issues.
- With laws consistently changing within property law, it can be difficult to keep up with, especially if you are handling all legalities on your own. An agent will be able to keep you up to date and guide you on what changes you should be making and when.
Final Words
Letting agents are there to keep you on the right track, protect your properties, and provide you with their knowledge. You can rest assured that you are following all legal practices, your tenants are trusted and happy, and you have more time to focus on other projects whilst someone takes care of your landlord duties. Hire a Glasgow letting agent today!