Adding LettingsConsiderations

Staff - Shared or DedicatedSystemsDifferent Accounting ProceduresProperty ManagementDifference in RelationshipsDifferent Legal KnowledgeDifferent Contracts

Negotiator What is their personal priority?What motivates?What help them earn?Would that divert their focus?Can you sell two services at once?

Software programmes are generally not good for both sales and lettings

Record Keeping requires ongoing retention of more data for longer

How are you going to deal with utilities, deposits etc

Accounting more involvedAny experience?Non-Resident Landlords and TaxBank AccountsClients LedgersDo you know what are clients funds?Insurance requirements PI etc

RepairsContactorsLegal requirementsGas Electricity EPC WaterImmigrationDifferent and Wider CPRLocal LicensingEnergy Efficiency

Initial transaction is for long term

Added value is only achieved if retained business

Landlord are fickle and do move

More contact but builds relationships

Over 90 pieces of legislation and regulationChange can be rapid and often9 pending new requirementsResource required to gain skillLegal support requirementMany more court cases and regular change of thought/interpretation

Terms of Business

Tenancy Agreements

Updating of above

Adding specific requirements

Good LuckThank You