I am not in London I could not put up with the traffic . But I live in a slower paced place .But not going to reveal here
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No, I donât because after nearly 30 years of letting, I have my go to trades who are reliable and reasonable and with whom I have a good relationship. I have no need of a letting agent because Iâm right here and can deal with everything myself. I only used one when I was abroad.
In my profession, ÂŁ20 would buy you barely 45 minutes of my time. You may be willing to stretch that further but TBH itâs not really going to get your customers much if you value your time. You are relying on a business model where most of your subscribers donât have a need for you most of the time. If thatâs the case, itâs not great value. Otherwise, youâd be overwhelmed.
I source them myself. Landlords hear all the time on forums like this that agents are ripping them off by charging inflated prices for work done at their property, so in my view theyâre not going to jump into such a relationship without confidence in the process.
Thanks, thatâs good feedback, I also heard from other landlords I know, that they send their jobs to their trusted contractors but occasionally have a need for another person for whatever reason.
Not necessarily, doing nothing and hoping for a fixed fee wouldnât lead to good business growth, because clients wouldnât recommend my services to other people, so I think there are good incentives to deliver value
Thatâs true - but wouldnât this be solved by requesting for invoices from contractors?
Similarly, asking for invoices from letting agents to check that they are not adding other fees? This is what I have done in the past - but your situation may be different, so I am interested to hearâŚ
as long as you have income from another source you can take a punt I started a supply of a building product about 15 years ago, taking a punt , even against all the big boys. Bought a small warehouse and doing very well , thank you. The man who never made a mistake never made anything. Take a chance , you are only risking your time?
That wouldnât really solve it as the contractor would likely be sending inflated invoice prices to the agent and paying a separate commission fee for the work.