* Proximity - If you live way from the property it is impracticable to manage the property yourself.
* Advertising coverage - Good agents will advertise your property in the local press and through other media including the internet - this coverage is extremely expensive for an individual to undertake for a singe property. Local agents also receive a steady stream of enquiries from prospective tenants and will generally attract a better quality tenant than may be sourced through the "small ads" of the local paper.
* Availability - When advertising a property you need to be available to answer telephone calls and deal with queries about the property. Callers who get an answering machine - or even worse no answer at all - will simply try elsewhere.
* Shortage of time - Letting a property can be more time consuming than you may think. You may need to show the property to several prospective tenants before you find one who is satisfactory.
* Reduced "Void" periods - An empty property costs money in terms of rent "lost". Moving a tenant in just three weeks earlier by using agent will cover full management fees throughout a six month tenancy!
* Quality Tenants - Most quality tenants prefer to rent a property that is professionally managed. Good agents will receive regular enquiries from Relocation Agencies who deal with international companies relocating their staff. Contacts are also maintained with large employers in the area who also have ongoing property requirements.
* Referencing - Taking up references from employers, bankers, previous landlords and credit reference bureaus is time consuming and can be expensive for an individual to undertake. In our experience, prospective tenants who are unable to provide satisfactory references attempt to obtain accommodation through the "small ads".
* Legal Documentation - A professional agent will draw up an appropriate tenancy agreement for you and serve all necessary notices under the Housing Acts to protect your interests.