Having had recent discussion with a rep from a property website who we were in discussions to advetise with, they pointed out that at lease two of Glasgow major letting agencies are struggling to get new properties to let in Glasgow.
So why is this? A few reasons spring to mind.
1) There have been so many new letting agents sprung up in Glasgow over the last 12 months. Most wont be about in 12 months either but some are offering deals that look very good to new landords. In fact one Glasgow letting agent is offering no set up fees 3 monthe free management and free gas safety. So their income for a 6 month rental will be about £100. So £16 a month !!! Interesting can you really provide a quality letting service for this kind of money? Of course not. Good luck to their landlords.
2) Too high fees. Some of the larger agencies still think they can get away with 14% plus vat as a monthly management fee and as they had it in the past in Glasgow think they will always get it. With most agents averaging around the 10-12% mark these Glasgow Letting Agents are starting to lose business.
3) More people are selling rather than letting? MMMMMmm there has been more activety so maybe.
Here at CB Letting Shawlands we offer a great Glasgow Letting Agency service at affordable costs, call us for details.
Posted by Campbell Bain. Posted In : Letting Agents Shawlands