Should landlords make use of a Rental Agent?

Private Property South Africa
Tenant Profile Network

Q&A with Michelle Dickens from the Tenant Profile Network.

Transcript:

So we found that delinquent tenants particularly target individual landlords. The idea is the individual landlords don't have access to Credit Bureau information, they don't have access to the right tools to manage their properties, to collect their rent, debit order systems and that sought of infrastructure. They target the landlord, wanting specifically to not pay rent and to squat on the property.

A rental agent has access to all these tools: the credit check to place the quality tenant upfront; the property management system to manage collection of the rent; the debit order to collect the rent timeously on the 1st of every month; access to a variety of tenants via their database to place quality tenants in the property.

So we always suggest that a landlord, especially if they are new and they maybe only have one property and its not something that they are going to be focused on, that they should outsource the management of their property to a specialist.

Looking for a new tenant?

Advertise your property to rent FOR FREE quickly and easily on our website.

Find out more

Share:

Found this content useful?

Get the best of Private Property's latest news and advice delivered straight to your inbox each week

Related Articles

Landlords need to protect themselves
Economic hardship is putting tenants under pressure, creating problems for landlords and affecting the quality of rental properties. There are clear signs that some tenants are struggling to pay their monthly rentals. High ...
Find the right tenant: open vs sole agent mandates
When it comes to finding the right tenant to place in your investment property, there are some important considerations to take into account when deciding on the type of mandate to give your ...
Dealing with an uncooperative tenant
For those landlords who rent out residential property and manage it themselves, here are some guideline sin dealing with uncooperative tenants.
;