The HMO Experience Property Podcast

034 | 7 Top Tips for building a great relationship with Landlords

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RESOURCE LINK

  1. The HMO Experience Website (http://www.thehmoexperience.co.uk/)
  2. 11 Steps to Running your successful HMO Property Business and other resources (http://www.thehmoexperience.co.uk/resources-page)
  3. Sign up for weekly hacks and tips for starting and scaling your HMO Property Business (https://www.thehmoexperience.co.uk/subscribe)

    4. IN THIS EPISODE

    Communication is key to any relationship - whether it’s communicating with the housemates in your HMO property or communicating with a landlord about their property when taking on a rent to rent.

    In this episode of The HMO Experience Property Podcast, your hosts Matt Harris and Jamie Madill take a deep dive into communicating with landlords when proposing and taking on rent to rent properties.

    If you’re looking for some useful nuggets around rent to rent and discussing this strategy with a prospective landlord or building trust & confidence in an existing relationship - this episode of The HMO Experience Property Podcast is definitely for you.

    EPISODE HIGHLIGHTS

    Introduction 

    Managing Your Client Relationships 

    Consider Your Service Offering 

    What additional Service Could You Offer 

    Think About Building A Community 

    Pivoting Your Business

    Communicating Tips with Your Landlord 

    Jamie Last Comment 

    KEY TAKEAWAYS

    • Communication is very important when you are speaking with landlords and owner about your service. If the landlord isn’t interested in guaranteed rent then find out if you can offer them a different service to build trust and confidence.
    • Think about what other services you could offer to clients that complement what you currently offer to generate additional revenue. It may be that the owner has a specific issue with managing their properties and that’s where you come in
    • If guaranteed rent isn’t viable for the landlord, then consider offering a traditional form of lettings management. The advantage is that you don’t have to guarantee a payment and you still get revenue into your business.
    • Sending your landlord clients, a report on the property in terms of the number of cleans, maintenance and inspections will build trust and confidence in the relationship. If they are portfolio landlords, then you may be able to win additional business form them to grow your company
    • Ask your client landlords for referrals to win additional business. Using testimonials as part of your marketing will generate third party validation of your service. Of course, you can only do this if you truly deliver exceptional service.

      • If you enjoyed this episode of The HMO Experience Property Podcast, please don’t forget to subscribe, tune in and share this podcast!

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        • CONNECT WITH THE HOSTS

        Matt Harris

        Jamie Madill

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        The HMO Experience Property PodcastBy The HMO Experience

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