No Letting No Fee

  • A No Letting No Fee policy means the landlord pays nothing for the agent’s efforts unless a property is let.
  • This is a very common policy
  • Properties can also be managed knowing no fee will result e.g. when an owner does not wish the property to be let but merely wants an agent to keep an eye on it whilst on a long holiday or during a spell in hospital, care etc.  In such circumstances a fee would be agreed reflecting the effort involved as caretaker rather than in the normal cpaacity as letting agent.

What are your thoughts?

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About the author

Bob

Formerly a student living in a rented room my vision focused on excellence. Letting phenomenal student houses soon became more than a day job - more a way of life.

Continuing to look after our tenants I subsequently also founded what is widely recognised as a phenomenal student lettings agency.