Business Planning for Lettings Success
Free Seminar 20th February 2017
At ARPM we provide solutions for success and you are invited to our FREE BUSINESS PLANNING FOR LETTINGS SUCCESS SEMINAR.
Monday 20th February from 2.00 to 4.30pm at the Holiday Inn London Gatwick Airport, Povey Cross Road, Horley, Surrey, RH6 0BA
Book early as places are limited – call 01923 775705 or use the form below…
Make 2017 a year of growth for your lettings business
2016 was a year of change and 2017 will be no different as political, economic, social, technological, legislative and environmental factors impact on everybody. The market place is becoming more competitive with new entrants and new technologies to the fore. In lettings the proposed future ban on tenant fees means focusing minds on alternative solutions and ways of maximising income and profits.
Sales volumes are down and are likely to continue at lower levels. The private rental sector has grown significantly in recent years and whilst this growth may now slow, there are now around 5 million properties that are being let and managed across the UK. That is around 20% of households. If there are 10,000 homes in your location that means around 2,000 will be in the private rental sector and if the average rent is £1200 per month then over £3 million in fees is available every year. It therefore makes sense to ensure that you are taking a share of this market either by starting a lettings business or growing the one you already have.