Now for this one you need a bit of a retrospective scope. It’s to change something that a lot of agencies actually put in place 4 years ago, 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.
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. We all know a managed strategy is actually better for the tenancy, all that you as the agent should do is help the landlord understand why it’s a benefit. I’m sure you’ve got your own ideas as to how you’re going to do this but if you need any help, give us a call on 0800 328 0460 or email email@example.com and we’ll talk it through.