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The monthly magazine providing news analysis and professional research for the discerning private investor/landlord

'Secrets' to Running a Letting Agency

My letting agency is my life, I would almost go so far as to say, its all I know. Having run a letting agency since 1990, since before computers were in use, when there was no internet and when everything depended on the newspaper and cards for record keeping. Ive lived through the whole journey done the long hours, felt the pain and lived every element of change that has come along the way.

The world has changed but the key fundamentals of what we do and how we run a letting agency has not. We just have a few more gadgets to help us manage teams and get the message out there now compared to what we had before and the market is now bigger because of this.

Many people ask me what is the key to running a successful lettings branch. Lettings is if nothing else a people business, we have to manage the emotions and actions of not only ourselves and our team but the ever warring factions of landlords, tenants, neighbours and contractors, a group of individuals that by nature of the relationship have many trigger points in which they can fall out and as agents we have to keep all this on an even keel.

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