How To Approach Estate Agents For Rent2Rent Deals - Serviced Accommodation

Step-by-Step Tutorial: How to Approach Estate Agents for Rent2Rent Deals

1. Set Up Your Business:

   • Before approaching estate agents for rent2rent deals, ensure you have your business fully set up. This includes setting up a limited company and having a professional website.
   • Join the property redress scheme (PRS) and get the necessary insurances such as professional indemnity insurance and public liability insurance.

2. Create a Value Proposition:

   • Develop a compelling value proposition to present to estate agents. Highlight how working with you can benefit both parties.
   • Offer to pay a fee for any deals brought to you and consider sharing a portion of the profits with the estate agent.

3. Educate Estate Agents:

   • Educate estate agents on the benefits of rent2rent deals for them, emphasizing that they can earn without doing additional work.
   • Highlight the advantages for landlords, such as guaranteed rent, regular property maintenance, and property uplift.

4. Pitching to Estate Agents:

   • When calling letting agents, introduce yourself and inquire if they have properties suitable for company lets.
   • Clarify the concept of company lets to avoid misunderstandings.
   • Build and nurture relationships with estate agents by engaging in conversations, visiting their offices, and arranging property viewings.

5. Maximize Your Efforts:

   • Contact numerous estate agents regularly to increase your chances of securing rent2rent deals.
   • Understand that it's a numbers game, and persistence is key to finding agents open to the idea.

6. Continuous Learning and Growth:

   • Stay informed about service accommodation, rent2rent, and property investing to enhance your knowledge and skills in this field.
   • Engage with relevant content and resources to further your understanding of the industry.

By following these steps and strategies, you can effectively approach estate agents for rent2rent deals and establish successful partnerships in the serviced accommodation sector.