HMO Letting Agent : Property Management
We can successfully manage a HMO property from 4 bedrooms to 350 bedrooms.
Why Chose a HMO Letting Agent
- Agent must have knowledge of the legislation and standards that apply to an HMO and the requirements involved in licensing a HMO property.
- Understand Article 4 Direction
- The agent must be a ‘fit and proper person’ under HMO guidelines
- Agent must keep up to date with current and changing legislations
- Agent must have knowledge of HHSRS, (Housing Health and Safety Rating System) and the ability to check & identify health risks & safety hazards, then take action to resolve any issues ASAP
- Agent must have knowledge of how to reduce the risk of Legionella
- The Agent should have a good team of contractors & service providers that they can call upon.
- An HMO Letting agent is hard working and mostly an out and about agent due to the duties that need to be under taken with HMO properties. Its not a desk job !
- The agent must be highly organised to be able to keep on top of safety certification and regular checks as well as the project management of refurbishment and updating properties
- Agent must have knowledge of the procedure around regular inspections and the required HMO safety checks that must be carried out
- Agent must have knowledge of fire safety, have a good fire safety officer to work alongside
- Most Important !! the Agent must be a ‘people person’ and have experience of dealing with people and have a good personality to deliver the best customer experience.
- Most Important !! the Agent must be Confident in their ability to identify good & bad tenants from initial meeting and further investigations. One wrong mistake can be costly.
- The Agent should be confident to fill an HMO property with tenants “successfully” i.e. with thought and sense
- Able to act calmly in emergency situations. Be located near the HMO and have emergency plans in place.
- Agent must have knowledge of anti-social behaviour, and the ability to resolve disagreements and conflicts (prevention in the first place is paramount)
- Have good problem-solving skills, be able to take responsibility and respond appropriately to new situations as they arise.
- Have a degree of patience to be able to work alongside the local council for licensing
- Knowledge of waste management & waste management policies
- Lastly the HMO Letting agent must love a challenge
Specialist HMO Letting
Being an HMO property manager is far more challenging than standard property rentals. From the start there is a lot of things to consider when creating, filling and looking after an HMO property. All of it is important if you want it to work out.
If everything is set up properly and managed successfully then a HMO property runs without problems.
Out of all the different types of property letting strategies, letting rooms in an HMO is by far the best.