|
Letting
Your Home Privately
Pros and
Cons
Of course, you may tackle letting your home yourself and if so it would be
advisable to have the assistance of a solicitor to draw up the agreement.
It may be that you know someone who would like to rent your property or
who sees it through your own private advertising. Ideas for the most affective forms of advertising will include
the traditional local papers, the national daily and evening papers and of
course the internet.
Smaller properties in popular situations would also probably do well
by classified ads in the local free papers or even on cards in
newsagents' windows.
In letting your home you should take more interest about whose hands
it falls into than you ever need do when selling. So the biggest
advantage of letting your home yourself is being able to meet
potential tenants say over a week or two and seeing who you
personally feel is the right tenant. Give
some thought to your views on pets, smoking, children, sharers.
Estate agents can
be
 only too willing to recommend the first tenant with the right
credentials and to take a deposit rushing landlords into a foregone
conclusion.
A particular advantage of using a letting agent is their more
extensive credit reference checks they can complete on behalf of
private landlords. They should take the hassle out of
'vetting' potential tenants, especially if you are in a hurry and
they should know the best people to contact regarding related
services such as the completion of an inventory.
However,
more commonly, you will probably instruct a letting agent when commission
will be charged on a 'tenant finding' or 'full management'
basis, see the page on Fees and Inventory.
The second group of buttons in the margin show this
subject's linked pages - so click, read on and enjoy!
|
Letting
