Now for this one you need a bit of a retrospective scope and it’s to change something that a lot of agencies actually put in place in the last 4 years, which was to move away from a managed service to a let only service, theory being that there was actually more profit in let only than there is in a managed service.

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Well, with the fees going obviously a managed service is a lot more attractive and it does generate far more revenue. So, the strategy is to move your landlords back to managed strategy. Explaining why this is better, well we all know it is actually better for the tenancy and helping the landlord to understand why that’s a benefit for them. I’m sure you’ve got your own ideas as to how you’re going to do that but if you need any help, give us a call and we’ll talk you through it.

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Find out more about our Openview property software, call 0800 328 0460, email info@vtuk.com or visit vtuk.com.

Tip 9: Move Landlords Back To A Managed Strategy