When you have a property that you are contemplating placing on the rental market, there are several options or mediums in which you can facilitate the process. There has been a lot of interest surrounding the opportunities of property owners to bypass the traditional route of using a real estate agent to facilitate and manage the process, both in the short and long term, and source a suitable applicant to rent the property. However, as many who have been down this path have experienced, getting the right people into house rentals can be challenging enough; nevermind the ongoing stress of ensuring that regular rental payments are made and the maintenance of the rental house is up to date. This is exacerbated if the owner lives in another part of a city, town or rural area to where the rental house is located.

An agent will manage the process of prospective occupiers viewing the property, as well as carrying out the necessary background checks to ascertain that they will be suitable tenants who will look after the property.

Property checks, maintenance work and following up on rental owed will result in timely communications and possible travel. With the increasing time pressures that are placed on individuals and families, the last thing people need is another source of time consumption and stress. This is why using an experienced real estate agent for not only renting the property out, but also for its long term management, is still the best solution for a majority of property owners with rental properties.

As the majority of property owners have mortgages, ensuring that the rent is received in a timely and reliable manner is essential to ensure the cashflow is there to cover the mortgage payments. With a real estate agent managing the property, it is their responsibility to enforce the regular financial responsibilities entered into by the occupants. Furthermore, if there are any issues with the upkeep or maintenance of the property, after you have been informed of and approved such repairs, an experienced real estate agent will have close relationships with a range of tradesmen, including plumbers, builders and electricians who are able to carry out the work promptly and cost effectively.

If you are a property owner and are considering putting your house on the rental market, make an appointment to see a specialist rental consultant at a leading real estate agency, where they will be able to facilitate the process and take the hassle out of the letting and management of the property.