BLOG TAG: LETTING AGENCY

Grow by outsourcing to rental property management companies

Grow by outsourcing to rental property management companies – it’s the future of lettings. Outsourcing to rental property management companies may be your best chance to grow and survive the legacy left by covid-19. Why? It’s all about reducing your cost base without diluting your service or slowing down your rate of growth. Growing a letting a portfolio is usually an organic process, that aligns with the other aspects of your property agency.  Sadly, agency owners can’t wait to let life happen, they need to grab the business and grow right now. As distasteful as it may be to think about, the number of property agencies going under (as many as 10 per week), is leaving a gap in the marketplace for landlords and they are looking for new agents. How can you grab that business without over stretching your resources or slowing your down? Outsourcing to rental property management companies is a relatively new concept in the lettings industry, but right now it might be your best chance of coming out of this period stronger. How long does it take to transition? How can I protect my brand? What will my landlords think? Is it safe? These are just some of the question’s agency owners have. And yes, not all rental property management companies were created equal. But there are some excellent options available to agency owners allowing them to switch seamlessly and incredibly quickly. There are two types of rental property management companies; those who use their brand and those who allow you to brand it with your agency name and brand. The latter are often referred to white label services and presents the best option for agency owners as it allows you to...