Rental Agencies
The only objective of a rental agency is to find tenants for your property, short or long term, and, of course, making sure that the money received is paid to your account. Most Rental Agencies are also Maintenance and Management Companies, and this is usually the best option. You can manage everything from the same company, and it will be easier to coordinate and control everything. Smart Paint Private Company can offer you a Maintenance-Management and Rental service in our offices or our associated companies and collaborators |
When you choose a rental agency you will be charged a fee, ask what it includes and makes sure it is a commission based on the rental of the property. Ask how they find tenants for their property; Do they have a web? Do they advertise? Do they collaborate with other agencies in the area and abroad? Ask about your usage of the property; are you a set number of weeks can you use it for you and your family? Do you need to give a minimum notice? Can you advertise and rent it independently of the management agent? |
Always make sure that you understand the costs and terms involved and ask about other expenses that may be incurred so that you can set your rates at a competitive level and make money. A good agency will produce a contract stating what their charges and their duties are. If the property is for long-term rental, find out what checks are made on the tenants; what deposit is held against the good upkeep of the property; does the agency periodically inspect the property or just at the end of the contract. |
The agency will produce a contract to be signed by the tenants and you. Make sure you understand the terms of the contract and if you have any questions ask for them to be clarified before you sign. Smart Paint Private Company and our sister and partner companies will provide a contract approved by independent lawyers, and we will ensure that you understand your rights and fully.
Check List for Renting
If you are thinking of renting your property use this handy checklist to make sure that you comply with the laws and rules that may be applicable.......
Mortgage Lender - Make sure that the terms of your lender allow you to rent your property
Community - If you are part of a community check that you are allowed to rent your property and what type of rental you can offer.
Consult local council - the authority on safety issues your management/letting agent should be able to advise you.
Utility bills - If the property is rented on a long-term basis, decide who and how the bills for electric, water, etc., will be paid.
Freeholders Permission - This is important if you wish to let a leasehold flat.
Speak to our Property Management Department for more information on local rules and contact details of local authorities.
Check List for Renting
If you are thinking of renting your property use this handy checklist to make sure that you comply with the laws and rules that may be applicable.......
Mortgage Lender - Make sure that the terms of your lender allow you to rent your property
Community - If you are part of a community check that you are allowed to rent your property and what type of rental you can offer.
Consult local council - the authority on safety issues your management/letting agent should be able to advise you.
Utility bills - If the property is rented on a long-term basis, decide who and how the bills for electric, water, etc., will be paid.
Freeholders Permission - This is important if you wish to let a leasehold flat.
Speak to our Property Management Department for more information on local rules and contact details of local authorities.