Why is renting my flat with a real estate agency a good idea?

Renting your flat without stress: Find out how you can do it easily, quickly and safely.

It will soon be 12 years since my first steps in the real estate sector. I remember as if it were yesterday the first time I we rent a flat. It was this beautiful penthouse in Carrer Aurora, Raval, BarcelonaThe nerves to show it, the doubts to choose/validate the interested parties, the trembling when negotiating the contract and the insecurities about how to fill in a model contract found on the Internet. 

Fortunately everything turned out very well, but even today, when I look at that contract, I still think about how lucky I was. Today I would do everything so differently! A lawyer once told me: a contract should be kept in a drawer and only brought out in case of conflict. If a conflict arises, it is vital to have drawn up the contract.

Today, with more than 700 rental transactions behind us, we have learned a lot of very important things when it comes to a rental project and we have more than answered a question that we are repeatedly asked: "Is it a good idea to rent my flat with a real estate agency? That is why it never ceases to amaze me that there are still people who, without having any experience or knowledge whatsoever, still do not know how to rent a flat in a real estate agency, venture to rent out their flat on their own.

But beyond the contract and the bureaucracy, which is no small thing... Why is it better to rent through a (good) real estate agency?

Why is it a good idea to use a real estate agency to rent my flat?
  1. It gives you (and justifies) an accurate rental price.
  2. Select the ideal tenant
  3. He takes care of all technical and legal aspects of the rental.
  4. Advertise your flat in a professional and effective way.
  5. Ultimately, it makes you sleep more soundly.
It gives you (and justifies) an accurate rental price.

In order for your rental property to position itself well in the surrounding market, getting the price right is essential. An agency will appraise it in hand, according to its surface area and characteristics. Your flat has a price (and a reason!). If you put your house for rent out of price, you will see how it will go in free fall in the portals, wandering without shame or glory and without receiving contacts for it. Every week lost, is a week that you will never get paid!

Select the ideal tenant

Let me guess: you dream of a tenant who pays on time; who takes care of your home as if it were his own; and who every time you see his phone number when he calls you doesn't give you a tummy ache. Tenant selection is one of the specialities of good real estate agencies, and is one of the factors most valued by our clients.

Why renting my flat with a real estate agency is a good idea? | Monapart

There are independent certification tools, such as Garantify u OkifyThe most important thing is the feeling, the feeling of personal contact and the way in which conflicts can arise during a negotiation. But it is also important the feeling, the sensations derived from the personal treatment and the way of managing the conflicts that may arise during a negotiation. Sometimes, we will recommend you to hire a non-payment of rent insurancewhich will ensure that you receive your monthly rent and cover legal expenses or even vandalism should it occur...

He takes care of all technical and legal aspects of the rental.

Does the flat have all the utilities connected? Do you have the certificate of occupancy to hand? Do you also have the energy certificate? All this is part of the paperwork required when renting a property, and for a real estate agency it is our daily bread... A good real estate agency manages all this information reliably and quickly to make the rental process as short as possible.

Why renting my flat with a real estate agency is a good idea? | Monapart

If you hear about the Law on Urban Leases (LAU) and it's all Greek to you, you'll need to find out more... or talk to a professional who can do the work for you. "So, should I rent my flat through a real estate agency, you ask yourself? The agency will help you with all the necessary paperwork, renting your flat securely until the keys are handed over. You will make sure you have a fair contract for both parties and that it is perfectly in line with the LAU, they will deposit the deposit with the corresponding body in each autonomous community, etc.

Advertise your flat in a professional and effective way.

You've probably visited one of the real estate portals and seen all sorts of things. Bad ads, passable ads, and ads that jump out at you. You want to be in the latter group, don't you?

Why? Because, Along with the right price, a quality and effective advertising of the property is one of the most important parts of getting the property rented well and quickly. If you leave your property in the hands of a good agency, they will get the best out of it: professional photos and virtual tours that will make it look like never before; detailed texts; clear and explicit rental conditions? A good ad ensures a higher positioning than other properties, which translates into more contacts and more visits. If you add to that each agency's own channels, such as their social networks and newsletters to their database of potential buyers, the exposure is even greater. You will ensure that your home reaches the right audience and in the best way. Are you still wondering if it is a good idea to "rent my flat through a real estate agency"?

Why renting my flat with a real estate agency is a good idea? | Monapart
Ultimately, it makes you sleep more soundly.

Even if we put all our best efforts and all the good intentions in the world into it, renting out your home on your own can be an endless source of headaches. On the other hand, if you leave all the management in the hands of a real estate agency, your only task will be almost that of checking that you actually receive the monthly rent as stipulated.

You may now be thinking "I think I'm better off renting my flat through a real estate agency...". In short, doing so will save you time and worry. In a matter of weeks (or even less), you could have your flat rented and your tenant settled in their new home. If you have already made up your mind, one last piece of advice: Take some time before choosing the real estate agency that will help you rent your flat. Find out if they offer all the services you need and take a look at the ratings they receive, for example, on Google (see here our brand new almost 5 stars ;D).

There is no better argument than a good customer experience...  

Eduard Solé, partner and COO of Monapart
Written by Eduard Solé
Partner and COO of Monapart.
eduard@monapart.com
View all articles by Eduard Solé
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