If you decide to use a high street letting agent, they’ll manage the entire tenant-finding process for you, and this could save you a considerable amount of time and effort. You will of course have to pay for their help though, and so it’s up to you to assess what is most important. Also, before seeking the support of a letting agent, remember that you may have different opinions when it comes to finding the right tenants. The type of tenant they consider to be perfect may not be right for you.
If you’d prefer to use an online letting agent rather than a high street agent, once you’ve registered your property with them they’ll advertise it for you through a range of portals such as Rightmove, Zoopla and Gumtree.
However, although letting agents can save you time, research suggests that it can pay to manage your property yourself. According to a recent poll by SpareRoom, 85 per cent of tenants would rather deal direct with a landlord than a letting agent. They want to know their landlord is contactable and someone they can trust.