Where some Letting Agents fall short is looking after their clients investment. The easy option is to maintain the same rental figure, however, we like to maximise yield for every landlord.
14 Crown Terrace was on the market with a major High Street agent for several years with no real increase in rental figure.
The last rent secured for this property was £1,100 PCM which the owner was happy with.
Vanilla Square took control of the rental and management, but proposed increasing the rent by 36% to £1,500 PCM.
A tenant was sourced within two weeks.
This is a prime example of mass marketing agents taking the easy option and not really knowing current market values. Our knowledgeable Partners understand the local market better than most and always strive to over-deliver.