Reasons Landlords Change Letting Agents
Many landlords consider switching letting agents if they are unhappy with property management services or communication. Common reasons include poor communication, delays handling maintenance issues, low tenant satisfaction, lack of transparency on fees, and unsatisfactory tenant management. Landlords may also switch agents when expanding their property portfolio.
Steps to Switch Letting Agents
The process usually includes: (1) reviewing the existing management agreement, (2) providing the required notice, (3) appointing a new letting agent, and (4) informing tenants of the management change. Many property management companies assist landlords with the full transition process.
Learn more about how to change letting agent in Exeter with Gillams Properties.
What to Look for in a New Letting Agent
When choosing a new letting agent, landlords should consider experience with the type of property they own, local market knowledge, fee transparency, communication standards and compliance expertise. For student and HMO properties in Exeter, experience with the University of Exeter housing market is particularly important.