Why you need better Property Management Software

PropertyLoft | The UK's msot advanced lettings management software

Letting agents typically charge between five and fifteen percent of the rental price of a property as a fee to their landlords. Beyond finding tenants for vacant properties, it isn't always well understood what work they undertake to justify that fee. Running tenancies is intensive – especially when scaled across a portfolio of properties – and scale is important, as the income from each individual property will typically cover a small fraction of a salary. We have found that a start-up agency, needing a modest office, a website and listings on the major property portals, won’t break even … [Read more...]