Letting agents need to start planning for the impact of the Tenant Fee Ban
A West Midlands' letting agent shares how he's preparing for the the impact of the Tenant Fee Ban, which he predicts will cost his agency thousands of pounds a month.
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A West Midlands' letting agent shares how he's preparing for the the impact of the Tenant Fee Ban, which he predicts will cost his agency thousands of pounds a month.
The key to getting an edge on your digital competition is by offering services that online agencies, by their very nature, cannot, say several letting agents.
Letting agents discuss how they're planning to meet the challenges presented by the Tenant Fee Ban.
Look for software solutions that are easy to use, will help your agency eliminate pain points and reach its goals.
Successful letting agencies are those that are constantly analysing and improving their processes and could help agencies to create higher-value tenancies and grow their managed portfolios.
Generating positive online reviews and solid ratings is essential for agencies who want to acquire new business in the digital age.
There’s a potential upside to the Tenant Fee Ban, according to two agencies who’ve decided to get a jump on the ban and stop charging fees early: a bigger, better pool of tenants to choose from, resulting in happier existing landlords - and attracting new ones.
The lettings industry is going through a period of immense change. With competition increasing for a smaller pool of landlords and the tenant fee ban poised to put pressure on existing business models, agents will need to take new approaches to survive and thrive.
The property industry is going in two different directions, so agencies need to choose which path they’re going to take - and fast - said the founder of a Nottingham-based estate and letting agency.