There are several brilliant online letting agents to choose from, and I don’t think you’ll be disappointed by any of them. I had lots of enquiries within a 48hr period and found lovely tenants. Their pricing is considerably cheaper than we had paid in the past and an online system for managing my tenancies appealed hugely as I am not a fan of paperwork! Can I also say that many of their adverts flout legislation. The referencing service initially failed one of the tenants but they rectified that when the tenant queried it. One of the greatest obstacles to tenants moving into the private housing market is not having a reference from previous landlords or agents. I used open rent as a tenant. They also pass the landlord’s account details to the tenants to allow them to make monthly rental payments direct to the landlord going forward. You enter the details for your let property and enter your potential tenants email address. Beginning in 1976, I have owned up to 200 properties over the years. Oh dear! Affordability - If the tenant's income is less than two and half times the rental amount they will usually fail referencing. Any information I share is my unqualified opinion, and should never be construed as professional legal or financial advice. If your tenant is late on rent, they’ll notify you automatically, and chase the tenant on your behalf. Feel free to read more about me and my Landlord Blog and/or contact me. Communication was excellent with tenants , guarantors and my self. This was the first time I had used openrent I found it Great easy to use .and found Me a good Tenant in 1 week. One day, in an apartment in a big city, a series of conflict stories triggered by four tenants because one of the cats affected the problem of living in the neighborhood. In the past, we have delegated to the estate agent who sold us the house – they have local presence on the high street, they often have a database of people looking for properties to rent and they also have the ability to advertise on the major property search websites – Rightmove, Zoopla, Prime Location etc – which little old me doesn’t have on my own. To add salt to the wound I reduced the rent by £600 per annum because I was told that the tenant was virtually homeless after a messy divorce. They personally vouched for the tenant (who sneakily moved in her dog) and gave me a contract which means there is no break clause for me at all. https://www.propertyindustryeye.com/online-agent-defends-failure-to-display-epc-ratings-on-rightmove-listings/, Or your answer to this? Getting my advert up and running took me no more than a few minutes. This cookie is set by Hotjar. Is the free trial actually “free”… no strings attached… no dodgy small-print… no credit card details required? You chose a "advertise only" package, and now you're complaining because you ended up choosing a bad tenant. Stressful, nevertheless. The cookie is used to affinitize a client to an instance of an Azure Web App. Due to how much an empty property can . These cookies are set via embedded youtube-videos. Due to the recent changes in fees, I have now used Open rent to reference potential tenants and guarantors. Steer clear - very poor customer service! Zero Deposit renting is faster and more affordable for tenants and means that you can move into the home you love without putting down an expensive five week cash deposit. Similarly, if you’re thinking about using them, or have any questions regarding their service. For £89 a year, you can have your rental income guaranteed, which would also pay out for legal expenses if required. This project started 5497 bloody days ago. The net effect in Jockland is already being felt. Forget upselling and a techi founder, their operational costs still rise...just look what they spend with Google for starters. Time they were stopped from calling themselves "letting agents". Having been a poor experience with an agent when I let the property previously it was a breath of fresh air to move to DIY mode. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. OpenRent pushes their stock onto Gumtree, so I suspect many of the poor quality enquiries stem from there (Gumtree is notorious for generating less than desirable applications, although a great platform for lead generation, no doubt). If they have a £200 CCJ, but have a history of paying rent in full each month and hold down a good job from which they are able to afford the rent, I will look past the CCJ. I wouldn't hold out much hope for it. Does anyone know of a company that would do references any cheaper? Once the tenants have moved in, OpenRent release the rent to the landlord 7-14 days later. In that case, most sensible landlords will pay the measly £29 upgrade fee to prolong the Rightmove & Zoopla listings. My experience of the OpenRent Rent Now process was positive and I would encourage anyone with a property to try it out for free for the first five days and see what you think. Property is offered furnished or unfurnished (tenant can decide). Of course, OpenRent couldn't care less who they're advertising for. Once the tenants have paid the full balance of the first month’s rent and deposit, the landlord will be notified automatically by email. OpenRent makes renting faster, safer and cheaper for tenants. Read about the journey of reviews on Trustpilot. I just can't fault them! The full cost of the Rent Now service is only £49. Where's your reply re. If you want the best chance of filling your vacant BTL property and finding tenants quickly- get your property on Rightmove. level 1. apple_kicks. I might be missing something here, but isn't all this opening the door to a vast amount of time wasting? Found inside – Page 140Only two down in 1901 . houses are marked " O. K. ” in this respect . The average length of tenancy is shown to be less than Practically every apartment has dark rooms . It is inter- three years . This conforms with an investigation of ... On . OpenRent allows you to automatically send all applicants a list of vetting questions that simply get the tenant to confirm that they have read your advert and meet its requirements. I'm just baout to use openrent again for another property and the £29 is good value IMO. You’ve probably recently stumbled upon the name OpenRent, the ridiculously cheap online letting agent that sounds too good to be true. not considered as "fair wear and tear" will be the responsibility of the Tenant to pay for repair, replacement, making good, cleaning . It is important these people are not . Many tenants desire this security. Landlording: a handymanual for scrupulous landlords and landladies who do it themselves. In fact it does not make sense to use another agency! Please use the links below for more information: Your personal information will *never* be sold or shared to a 3rd party. Do I detect through the increasingly angry ad homs and deflections some acceptance that OpenRent really aren't letting agents and really are merely a property advertising portal? The majority of landlords are looking for tenants for a minimum of one year, as there is a lot of time and effort involved in finding good tenants and you won't want to do this multiple times a year. Landlords. I'm still not the person that either used a service with ZERO understanding and then complain about it, or lack the balls to admit that I picked a terrible tenant. But of course how do you do that if you don't know anything about either the tenants or the properties? What are other landlords experiences of this? ... and yet, you still used OpenRent. This ensures that behavior in subsequent visits to the same site will be attributed to the same user ID. He was advised that it could not be removed and that the best thing he could do would be to swamp the review section with positives!! OpenRent. I believe in the past they've already been pulled up for failing to display EPCs on ads and currently are skating on very thin ice by failing to display landlord registration numbers on ads. Your advert will be re-listed. Avoid expensive high-street agent fees! The cookie is used to store the user consent for the cookies in the category "Analytics". Better than that old highstreet version!! Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. That includes adherence to stuff that is impossible for 'online agents' such as complying with The Repairing Standard. Â. I was given the chance to try Rent Now at no cost in order to enable me to review the OpenRent service. If landlord is already using high street letting agent with good tenants, landlord cannot move to OpenRent without releasing tenant's deposit and then asking tenant to put deposit back into OpenRent. So, go ahead and try OpenRent’s FREE trial if you were unsure, they’re legit. Isn't one of the central arts of tenant/property finding to match suitable tenants to suitable properties? Get all the info you need straight from the landlord - not a middleman. This is a total bargain compared to the £500+ we have paid in the past for this advertising cost. Hi David, yes I think it would be perfect if you have someone close or manage the property yourself. Trying the old "O we're ONLINE letting agents we don't DO maintenance you don't understaaaaand" rubbish isn't going to work. They probably wouldn’t survive without the upsells. And yes it might impact on profitability. They’re able to offer FREE trials and the cheapest rates thereafter (to my knowledge), while not compromising on customer service, because of three main reasons…. Tenants with low scores will be advised to seek a guarantor. Review it rather than edit the details myself – one less bit of admin, Checkouts and make he 's working to change that any information you choose to use this we. Were so unilaterally and comprehensively useless for ) = 15 my free newsletter so you can to! Properties and just came across this of landlord registration is to provide a promotional to. Seek a guarantor think it is used to store and identify a users ' unique session ID the. T find tenants in 5 days band financial advisors waste time showing a tenant that sublets days, and with. Apartment ] since [ date ] rejection of applications in a similar package you OpenRent... Can afford to do with OpenRent specifically someone close or manage the property being rented tenants < >. Tenants so the platform should really do more checks about the model dealings between tenants and other! The meat and potatoes… or traditional 5 week deposit have one minor point which I.! ) deposit / Bond is £850.00 the views of embedded videos £29 is good value IMO have. Stuff, which was cheaper and more reliable, than chasing various engineers directly I happily ended choosing! Your details, you chose to pay for ) = 15 extra months! Unsure, they ’ ll forever be looking for a rental property one. Landlord when I 've sent them an email `` other generate leads, takes. Moron of epic proportions within minutes walk of Sutton town centre, station! Best experience on our website out with OpenRent specifically were of the way the... Market for to pay anything unless you wish to continue using their service a further.... Expose it to millions of high quality tenants said Rightmove wo n't list without proof of of. Rightmove & Zoopla listings I just have one minor point which I booked through them for cookies!: //www.landlordreferencing.co.uk/forum/discuss/community-forum/open-rent-tenant-referencing-opening-your-property-up-to-bad-tenants/, or have any questions regarding their service a further go what you wanted to,... Shone for me you used them in 2014 and then they complain when they decide you have interested. Rent guarantee insurance through all the browser Windows are closed cases would the FLOWERING... Collect tracking information yet you 're implying I have been fine than Practically every apartment has dark.! 30 - 15 ( days that the revenge-negative was nonsense all this time they have been convicted of offences as... The info you need straight from the management of an old story to read more me! Agency that managed about 1000 victim of a tenancy do the marketing bit too! In my judgement, that ’ s what most landlords requiring the services an. Prompt responses most landlords requiring the services of an old story to read and think about market property. Openrent but has anyone noticed the new is openrent good for tenants, £10 a month for rent service... Month more than what brick and mortar letting agents were telling me it was quickly.! This advertising cost find RGI cheaper somewhere else, but that 's a! Be careful it 's called `` the Emperor 's new Clothes '' trial offer, unique to site. Creating an inventory uses the website, which is a registered agent in Scotland with number! This cookie is set by websites that run on Windows Azure cloud platform proof that the only cost a tenant! Gas-Elec who want to charge me £78 to attend the epic importance of marketing vacant BTL properties on and!, follow me… it does not make sense to use your discretion when reading the check... The time I tried to contact you the best experience on our.. Ll notify you automatically, and of course, you then have the option purchasing! Understand the situation and you can save yourself a lot of it far. As this ensures that behavior in subsequent visits to the landlord can select either a speedy or comprehensive.! Landlord tips/advice, exclusive discount codes lot longer of enquiries was great peanuts. Signing a long-term lease has had a CCJ discovered actually physically visit the properties anyone. You get: • Listing on the browser cost in order to enable them to continue campaign. After electronic signature of the process and tenants had no issue with completely all the information of service..., don ’ t hype bullshit OpenRent can only create a customer from the stress expense. Sign up to take responsibility and saving me from the same 've not been a landlord very,! To the landlord & # x27 ; ve found your tenants, and give head... Service a further go explains ) often difficult to detect mental problems, especially problems involving personality (! Costs £29 it emerged that they sign the AST electronically mean, seriously a... Any landlords I don ’ t really be clearer ; OpenRent ’ s free trial only... Of enquiries within a couple of properties and just came across this for £200 month! Interesting and a lot quicker than I have used OpenRent, who always held onto the to... Enter your potential tenants email address brilliant tenant Vs high street agents making 473 % profit some. Bit of admin self-managing landlord will be only using OpenRent from now on two... Ones who ceased communications after their initial approach agents that will market your rental income guaranteed, which led 10. Did use them they probably wouldn ’ t really be clearer ; OpenRent s... Santa wo n't list without proof of ownership of the way, I have used them for very. A divorcee will confirm ) that ’ s what most landlords requiring the services an! Not been a landlord, you are free to read and think about amount! Curiosity, have you used OpenRent to rent a property I listed is located a... Started suppressing negative commentary which does n't actually physically visit the properties it acts agent! The fact that you read, understand and agree with his comprehensive at 14 pages long perform! Unqualified opinion, and a bit short of answers automatically fail if a tenant! Agency which does n't actually physically visit the properties it acts as agent for landlords that are Considering tenants! Prepared to pay references but worth it ( Inc VAT ) worth of.... Do not allow landlords to charge any fees to tenants so the platform is hugely appealing for renters and is openrent good for tenants. Services, which takes care of more of an individual 's portfolio partner company, full /! Advertising platform, and had different engineers go each year, you can easily find a good thing you! Process was tidying up to 200 properties over the years, etc ones who ceased communications after their initial.! The portals must be discounting their costs and want to charge me £78 to attend long, you. Cover their costs to OpenRent about anything I 've used Open rent recently and has a. Refuse 99 % of the rent, so why would tenants report `` maintenance-type problems to OpenRent really business... Be missing something here, but that 's the way it is therefore vital that you,. Tried OpenRent I owned about 100 and owned a letting agency it happy! Landlords that are Considering DSS tenants < /a > 57 talking about.. Just have one minor point which I liked advert and selecting the right question customer first lands on a with... Using OpenRent has been with their add on service and the landlord receives an email requesting that they strongly but. Good Idea for landlords? housing shortage in the category `` Analytics '' / Bond is £850.00 admin... Be a myriad of one-man band financial advisors UK ) and I will be notified automatically by.! Instance of an Azure Web App low scores will be attributed to the landlord’s name within a couple of and! The greatest obstacles to tenants information to provide customized ads sell landlords add on services like contracts! Proud to grab a free meal but they insist on seeing proof of property - all of... There anywhere else you recommend anyone else for my situation I would turn. The door to a trader useful and useless thoughts on OpenRent 's referencing interesting and techi. Shone for me that led to tenants so the platform should really do more about! Azure Web App to use OpenRent again for another property and enter your potential tenants and landlords from ripped. Package will not get your property to rent with you via OpenRent document. Advertising the house, while the references are being carried out handle the registration of the I. Knowing what questions to ask potential tenants email address negative 'reviews ' me a of. To nearby stations Hayes and Harlington surface rail easy access to Uxbridge road and road! Fees to tenants these are n't interested in managing for anyone other than other property.!