An online student letting agent is a fantastic option for student landlords - and usually a much cheaper and more efficient alternative to high street agents. Whether you’re an accidental landlord, property investor or somewhere inbetween, the new generation of online letting agents offer services tailored to help you get the most from your student property.
When online letting agents first emerged more than 10 years ago, the services offered back then were very hands off. But in recent years, online letting agents have created a range of services to make it much easier for landlords. Online tenancy agreements, collecting and lodging deposits, and even full property management are amongst the packages offered. But why should you use an online student letting agent over a highstreet agent or going it alone?
What is an online student letting agent, and why should I use one?
An online student letting agent is a low cost and effective alternative to traditional high-street letting agents. Landlords are given complete control of how they want to advertise, manage and let their student property and they can share as much control as they want with the online letting agent.
Can I trust an online student letting agent?
Online letting agents are governed by the same regulations that cover high street letting agents. If you’re not sure about a letting agents credibility - online or offline - you can always check if they’re a member of one of the two redress schemes who can assist you should they not be following their code of standards: The Property Ombudsman and the Property Redress Scheme are schemes designed to provide protection for consumers to settle any disputes relating to property lettings and sales.
Trading Standards will also investigate agents that it believes have acted in breach of the 1979 Estate Agent Act, which sets out minimum standards of conduct for estate agents.
What are the benefits of online letting agent?
Saving money - You can expect to save hundreds of pounds in advertising fees by using an online letting agent over a high street agent. If you want full property management, you can check out our savings calculator to see how much you can save.
Complete control - With access to an online landlord dashboard, you can upload and manage your student property advert, manage property viewing requests, and confirm bookings whenever it’s convenient.
Flexible packages - You choose the right advertising package and level of property management for you. Can’t conduct the viewings yourself? Add the viewings package. Don’t have tenancy agreements? Add them to your services. There’s plenty of additional services you can add to your package.
Quick to advertise - It takes less than 10 minutes to create your property advert. Once you have uploaded it is usually approved within 24-48 hours and then featured on major property portals such as Rightmove, Zoopla and Prime Location.
Get to know your tenants - As the landlord usually conducts the viewings themselves, it gives both parties a better insight of each other before referencing, taking deposits and signing documents.
Transparency - Online agents always display their fees openly online - so you never have to worry about being hit by unexpected hidden costs.
How will people find my property?
Online agents use Rightmove, Zoopla and Prime Location to advertise your rental property. So whilst students won’t find a photo of your property in a highstreet agents window, they’ll be able to find your property online.
Rightmove receives around 127.5 million visits per month, whilst Zoopla claims that its websites (including Prime Location) and mobile apps attract over 50 million visits per month.
|The benefit of advertising with StudentTenant.com is that you’ll also advertise your property to 26,000+ registered students across the UK.|
How are viewings carried out?
The default option with most online letting agents is that you conduct the viewings yourself. However, a lot of online agents now offer accompanied viewings for an additional fee. StudentTenant.com can manage property viewings at your request - just get in touch to find out more.