The Benefits of Managing your Property by a Real Estate Agency

Photo of author

By HomeInteriohub

You have a property to rent, and you want to put in management? Choose rental management and benefit from expert advice. Thanks to the many specialized agencies, you will be perfectly accompanied.

The Benefits of Managing your Property by a Real Estate Agency
The Benefits of Managing your Property by a Real Estate Agency

Call on professionals

Whether in the context of leasing or marketing a home, real estate professionals can assist homeowners, especially when placing their property on the market. Indeed, real estate agencies that offer a rental management service help owners to set the number of their rents conferring to the benchmarks in force, but also to optimize the rental so that it is profitable. If an owner wishes to represent the management of a set of dwellings, offices or businesses, he must contact a property manager. In this case, it is thanks to a commercial lease that the responsibility is transferred.

Expert advice

After the visit of the property that will be rented, the agency offers its expertise. She advises on the amount of rent taking into account the local market, supply, and demand. It is therefore essential to focus on local real estate agencies. These can, if necessary, propose new progress or various works. If this is the situation, the investment will be rewarded with a higher rent or selling price.

Owners also benefit from tax advice. They learn about the tax benefits of renting a furnished or unfurnished unit. The real estate agency can also handle questions around insurance or the calculation of charges.

Guarantees in case of unpaid bills

Thanks to many devices, the proprietors are covered in case of disputes or unpaid. Once again, as part of rental management, the real estate agency will inform them about the devices and their assets. The agencies can offer the guarantee of rental risks (GRL) which ensures the owners against unpaid rents for 70 000 €, finances the recovery of the debts of the tenant and covers the damages made to housing up to 7 700 €. The insurance can be slight by the owners having one or more residences in hiring under certain conditions:

  • the dwelling must be the main residence of the tenant
  • The rent must be less than 1 000 €
  • it must be less than 50% of the tenant’s income
  • Housing maintained and up to date

To leave housing in rent management, it is to delegate its management. Housing is repeatedly maintained and, more and more frequently, support in renovations or ecological solutions is proposed. Simple arrangements are then made in the dwelling to reduce heat loss and energy wastage. In the event of an instance, the tenant can contact the agency to benefit from fast handling and to preserve as well as possible the quality of the housing.

Variable cost welfares

Rental management has a cost that corresponds to a share of 5 to 10% of the rent. In case of a sale, agency fees are expected. They are decided before the marketing of the good.

Appealing to a real estate agency is choosing to be perfectly accompanied in the rental management or the sale of real estate. To benefit from optimized expertise, it is highly recommended to use a local agency that will have a better knowledge of the market

Leave a Comment