Guide to let your property in Warwickshire and WestMidlands
Let a property in Warwickshire and West Midlands with an award-winning Estate Agency – Allsopp & Allsopp.
We will offer you our 10-years’ worth of knowledge and expertise and be by your side throughout the entire Letting process.
We have created a simple step by step guide to Letting a property in Warwickshire and West Midlands for the first time to ease the process and put your mind at rest.
Step 1 - Accurate Valuation
Our aim is to let your property for the best possible price in the shortest possible time.
When deciding to let your property it is important to obtain an up to date accurate valuation, our expert valuers carry out an extensive number of valuations each month giving us an in depth and unparalleled knowledge of property values in your area.
Step 2 - Choosing a Letting Agent
When choosing your letting agent it is important to consider; the cmpany opening hours and availability to conduct viewings, high street presence, local reputation, success in letting property similar to yours, the experience and training of the team, the location and presentation of the local office, specialized or innovative marketing techniques, membership of regulatory bodies and any professional awards.
You should check with your estate agent that they would assist you obtaining a legally required Energy Performance Certificate (EPC), something, which must be in place before you market your property.
Step 3 - Presentation of Your Home
You can't make a first impression twice particularly when it comes to tenants viewing your property.
Make sure your property’s presentation is on point - it’s critical to a successful let. Consider addressing any DIY jobs you have been meaning to get done. Add a fresh coat of paint where necessary and try to declutter to make rooms appear larger. Our team has been trained in making a property look the very best to its potential. A picture says a thousand words.
Step 4 - Marketing Your Property
There are many methods that can be used to attract tenants. Before choosing a letting agent, find out how they market their properties. Visit their website and see how their properties are advertised online. Here are a few things that we do to ensure as many people get so see your property:
- Window and wall display in branch
- Telephoning tenants we think would be interested in your property
- Brochures at viewings and via the post which will contain accurate floor plans, dimensions and professional photography
- Internet promotion on the Allsopp & Allsopp website and portals such as Rightmove and Zoopla.
- To Let signs. Never underestimate the power of traditional To Let signs as many homes Let because of a friend or neighbour spotting the board and spreading the word.
Put yourself in a tenants shoes, visit your lettings agent's branch and website and question whether the branch is a welcoming environment and is the website easy to navigate?
Step 5 - Viewings
Allsopp & Allsopp prefer to accompany tenants on viewings for you, and are flexible due to our opening hours.
Listening to feedback from viewings can be helpful to determine how to make your property more attractive to tenants. It is important to be prepared for potential tenants questions such as; are pets allowed? Is the property furnished or unfurnished? How long the property is available to let for?
Step 6 - Negotiation
As soon as we receive an offer we will notify you both verbally and in writing. Any special conditions of the offer will also be stated in writing and we will check the tenants ability to proceed before you decide whether to accept the offer.
As your letting agent we will handle any negotiations between you and the tenant. It is important that you consider how much you would be prepared to accept if a tenant offers a price different from the asking price. Consideration should be given to the position of the tenant and the initial contract length as this could impact your decision.
It is important to remember as your letting agent we act on your behalf, so we will work with you to get the best price. We will advise before you make a decision the response to marketing thus far, interest from other parties, and advise on comparable lets agreed ensuring you have peace of mind in making a decision.
Step 7 - Accepting an Offer
Once negotiations have reached a positive conclusion and you are happy to accept an offer, your letting agent will invoice the tenant for one weeks holding deposit at which point we will begin the tenant referencing process. Once referencing is complete these will be sent to you for your written acceptance.
Step 8 - Administration
Once we have your permission to proceed in writing, Allsopp & Allsopp will provide you with the Assured Shorthold Tenancy Agreement via echosign (electronic signature).
Once this is complete we will then invoice the tenant the remaining agreed rent and the agreed deposit. Depending on the Allsopp & Allsopp service you have opted for we will also arrange for the ingoing inventory to be completed and right to rent checks concluded – Contact your appointed agent for any further information.
Step 9 - Move In Day
Ensure the property is clean and ready for the tenant to ensure a smooth and stress-free tenancy transaction.