Who are we?

So for the people that haven’t heard of Let Property, we are the largest Property Investment Company in Scotland at the moment.

We are a landlord to landlord estate agency which specialises in speaking the investor language.

What do we do differently?

So if you’re thinking about selling your property but you don’t want to go through the hassle of evicting your tenant and you just want a quick, easy property sale at a great price then this could be for you…

So just think about it for a second, say you have a tenanted property

• If you were to sell your property normally Its going to typically take you 3 – 6 months to evict a tenant saying all things go well
• Then you have to put it on the open market where it could potentially sit for months while you lose money on rental income, council tax & everything else
• And say an investor comes along and want to buy it
• It would make much more sense if you just sold it with a sitting tenant in the first place
• The tenants are happy as they get to stay in their home
• The investors happy as they get instant cash flow from a good tenant and don’t need to worry about putting a new tenant in that could potentially cause loads of issues
• Plus you get to sell it straight away for a brilliant sale price without hassle or risk
• so Everyone’s happy!

Selling Options

We have 2 main selling options depending on your needs…

The first option is ‘Off market’ this is If you are looking for a quick sale straight to another Investor with as little hassle as possible – Now with this option because you don’t usually have to get a HR or do viewings then investors would be looking for a slight discount in order to minimise the potential risk that they are taking on.

• I recommend that unless your property is slightly tired then to get a HR as they’re only £300 – £500 and it will give buyers a lot more confidence in purchasing your property.

So an upfront £500, could potentially add a couple of thousand on your sale price.

The second is our most popular option which is ‘On market’ – This is our most effective way of selling property as we basically market your property everywhere…

We get it on Right Move, Zoopla, send it out to 15,000 investors, use social media Marketing and have an active sales team that will call out investors in order to get your property sold.

The more interest we get means more offers and more offers means a better sale price.

This might take slightly longer than off market however you will get you a better price in the end.

So for this option the Tenant will need to know that your selling as we will need to get a home report and also photography done.

Also Investors might want to come in and view the property before buying.

How do we value your property?

We are not a quick sale company, it is actually quite the opposite. All of our agents are incentivised to get the properties sold for its maximum sale value.

We are not the type of company that’s going come out and give you a silly low ball offer on your property, that’s not how you build a successful company long-term. It’s actually the opposite, it’s in our best interest to get you as high a sale price as possible as that will mean we get more as well. So we work like a partnership with our clients.

However we are also not the type of company that’s going to give you a really high figure in order to just get you as a client.

Instead I would rather just be as realistic as possible so you understand exactly what you’re going to get.

So what I put in my valuation is a price I know we can get you, I don’t want you to have any false expectations on what you could potentially achieve which would end up wasting both our and your time.

• So the best way to find out what your property will sell for is to see what similar properties have sold for in your area
• So just the same way as a chartered survey would – we go on the back end of our data base and simply just look at all the properties that have sold in the last year
• We then build a custom comparable report of all these similar properties that have sold and send them across to you – using different metrics and also years of experience in selling property in Scotland
• The truth is you never actually know what a property will sell for (unfortunately I don’t have a crystal ball)
• So like anything something is only worth what someone is willing to pay for it… All we can do as your agency is Market this property as best as we possibly can to get as much as possible
• At the end of the day the Market will decide what your property is worth

HOME REPORT

Now what I recommend is that you let us conduct your home report for you

We have a really good relationship with our the surveyors and we can use our influence to get the best price possible on the home report in order to maximise your sale value.

The higher the home report price then the higher the sale price.

We don’t make any money on the home reports and just use Shepard’s as they are industry standard and are good for getting mortgages approved.

You will have to cover the costs of a home report if you choose to list the property on the open market.

A typical home report costs between £350 – £500.

What costs will you need to cover in order to market your property

All you need to do is pay for a home report (Home reports typically cost between £350 – £500) and we will cover everything else in order to sell your property. Once your property is sold you will have to pay your own legal fees which are usually £1,000 typically.

So all in you are looking at £1500 to sell your property.

What else do we need from you? 

Nothing, this is a completely hands off service, So we will handle absolutely everything for you All we need from you is to have your phone at the ready for when we call you with offers.