Thread Tools Search this Thread
Old 06 August 2010, 08:01   #31
Country: UK - England
Town: wells
Make: Ribcraft
Length: 5m +
Engine: 115
Join Date: Nov 2009
Posts: 105

We have a couple of houses that we rent out in WSM, we use an agent to find the tenants, for this they charge 199 plus vat, i think it is good value and we can stipulate the criteria, previously we put and add in the paper to save cash and had to do a total refurb when we eventually "persuaded" him to move out.

mark_j is offline   Reply With Quote
Old 06 August 2010, 09:06   #32
Country: UK - England
Town: Near Godalming
Boat name: AJA
Make: Ribeye
Length: 6m +
Engine: Yamaha F150AETX
Join Date: May 2009
Posts: 558
Originally Posted by slimtim View Post

Neil, not sure about renewal. Could I not just renew with the tenant myself? The agent is redundant after the initial search and checks surely?
If the agent has found you the tenant, then they will make a charge to renew that tenant - despite the fact that they have done nothing. In my case, I did not check the wording or consider this point closely enough and, at renewal, I'm paying over £5k in commission for Hamptons to do absolutely nothing except sit back. My fault for not dealing with this at the outset. Levels of commission should, by rights, reflect the amount of work done - this is not the case in tenancy renewals.

It is worth remembering that the tenant is 'their' tenant and so they will make a charge. You just need to make sure you've got this base covered at the beginning.

neilda is offline   Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities

Copyright 2002-2015 Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 18:51.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.