Search Results for: Tenant Fees Act
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Latest property news
How do they do it? Online lettings platform offers £35-a-month ‘premium’ service
Rental proptech platform RentalStep has launched a ‘premium’ property management service for landlords priced at just £35 a month including listings on Rightmove and Zoopla. The figure is surprising given that one proptech entrepreneur recently told The Negotiator that it costs approximately £30 per rental listing on Rightmove. Therefore, ‘nearly-free’ services like OpenRent and RentalStep are making almost no profit from charging landlords to use their service, and are betting on up-selling additional services such as gas safety checks, rental collection and property management. RentalStep’s new ‘premium’ service is in addition to the company’s existing but more basic package, which offers free referencing and tenancy contracts and a one-off tenant finding fee of £20. Lettings Fees Liverpool-based RentalStep says it offers ‘unlimited’ advertising on the two portals within its new service, and says its premium service is a direct response to the tenant fees ban. “Landlords only have five months until their management fees could start to rise as agents look to offset the costs of the ban,” says Rental Step founder Mike Georgeson (pictured, above). “What’s more, over the next few months some tenants may delay moving as they consider the impact of Brexit while waiting until they no…
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Features
Riders on the storm
In this perfect storm of lower transactions and commissions – and a failing online-only model – Joanne Christie says franchising is gaining in popularity.
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Guest Blogs
Guest post: Can estate agents ever get their weekends back?
Read how Viewber boss Ed Mead believes estate agents need alternatives to help them get their weekends back in today's competitive market.
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Features
Is conveyancing really to blame for sales falling through?
When the dreaded call comes in that a sale has fallen through, the news is a double whammy for estate agents. Not only will they not get their commission, says Joanne Christie, there’s a fair chance it will be all their fault.
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Features
Policing property
Agents do suffer criticism and in some cases it may be justified. But the industry does self-police more effectively than some believe, as Joanne Christie found out.
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Features
Three conference keynotes: Brexit, bans and franchisees
Read Sheila Manchester's summary of the three keynote presentations made during the Negotiator Conference including from Sir Ivan Rogers.
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Features
It pays to be well-connected
Utility suppliers have become very interested in estate and letting agencies as a route to market, and for the agent, that can mean a new revenue stream and less moving hassle. Lisa Isaacs reports.
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Latest property news
Leading industry players launch new proptech development partnership
A group of well-known names within the property industry have joined forces to launch a consultancy that promises sales and lettings agents new and potentially unique ways to monetise and retain their client base. Called The Property Innovation Network, its members include Hatched founder and former eMoov and EasyProperty executive Adam Day, former The Property Franchise Group boss Graham Lock, former Goodlord partnerships director Anthony Band and Chris Khoi, founder of developer Black Crest Group. “We’ve launched the business because we can see that there are still many home-owning and rental issues that need solving in the market,” says Band. “For example, given the looming tenant fees ban no one seems to be focussing on how to better serve the tenant.” The group are keeping the exact details of their ideas under wraps, but say several of them will be insurance-backed. One they will talk about is a chat-bot style concierge service for tenants and home-owners who will use it to manage their properties and lifestyles. Proptech launch It is due to be launched on January 8th and will also help agents develop closer relationships with tenants. Based in London, the Property Innovation Network says it will soon be…
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Features
Regional round-up: North West London, Brighton and South Wales
Each month we visit three agents across the country to discover what is happening in their local market. This month we meet members of The Guild of Property Professionals in North West London, Brighton and South Wales.
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Latest property news
Number of people selling via online estate agents doubles, but just 19% get a sale
Read how Zoopla's State of the Nation report on the UK housing market reveals that the number of people using online agents has doubled.
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