Emma Reid

Registered with Property118.com
Wednesday 17th July 2013


Latest Comments

Total Number of Property118 Comments: 8

Emma Reid

19:43 PM, 21st July 2013
About 6 years ago

Client Money Protection cover now available to all Agents

Hi Steve,

Follow the advice given by Mark. That`s all we did a few years ago. You also need to pay annual membership fees - it varies depending on whether you want to join for both sales & lettings or just 1 of them. The prices should be on their site (if not, their tel number will be there to phone them & enquire).

Thanks... Read More

Emma Reid

15:56 PM, 17th July 2013
About 6 years ago

Client Money Protection cover now available to all Agents

I think it`s a great step forward. As a member of TPO only, I have always felt like NAEA, ARLA, NALS etc tend to snub TPO agents & are always throwing the CMP thing in our faces.
We will definitely be first in the queue to sign up for this insurance. We have absolutely nothing to hide & our Landlords are welcome to look at our client accounts anytime they like. We run a good, honest business. Hence the reason our Landlords stick with us.
I did my training, back in the day, under the guidance of a Fellow of NAEA. Some years later, he turned into `wrongun` & disappeared with multiple thousands of pounds of clients rent money & deposit money. It isn`t always the unregulated agents that are the unscrupulous ones, yet it only seems to be the unregulated ones that receive a battering for it!!... Read More

Emma Reid

11:37 AM, 11th March 2013
About 6 years ago

Letting agent possibly pulling a fast one over rent increase?

It`s not a question of whether the properties would show on the portals - it`s whether a prospective tenant would bother to book a viewing, thinking that the rent is higher than it actually is. No viewing = no tenant. It only needs to take an extra couplke of weeks to find a tenant & the tactic has then backfired!
I was simply trying to give some diplomatic advise - if you look at my original comment, it was a light hearted dig, but I guess some people just instantly go on the defensive & take everything as a personal criticism - it wasn`t!... Read More

Emma Reid

9:47 AM, 11th March 2013
About 6 years ago

Letting agent possibly pulling a fast one over rent increase?

@ Don Holmes - Perhaps you ought to re-read my comment. You might then understand that I wasn`t actually against the agent. I was advising about some of the tactics used by agents. It was not a naive comment at all & I never said it was illegal. An agent has a duty of care to the Landlord & if they are going to advertise the Landlords property at a higher price then they should agree this with the Landlord first, explaining the pros & cons, this was not done. The reason being - advertising the property at £360 could potentially lose tenants who would be looking for something under that price mark. If I was a tenant & could only afford £330 pcm, I would not start looking at properties priced at £360 pcm. Therefore, it could be perceived that the agent may not be acting in the landlords best interest. I stand by my comment!!!... Read More

Emma Reid

11:59 AM, 8th March 2013
About 6 years ago

Letting agent possibly pulling a fast one over rent increase?

You will need to make sure you get all the facts correct first. It could possibly be that the agent advertised the property at the higher price in order to allow the tenant to negotiate the price down to £330. It is a bit of a naughty tactic, but some agents practice this way.
Getting a copy of the tenancy agreement will clear this up as it will have the rental price on it - they do have to supply you with a copy of it if you request one.
If they have been charging the higher rent & not passing it on to you then I think I would be asking them for the money to be reimbursed & then change agents. If they refuse to give you the money back, tell them you will take you copy of the tenancy agreement, management agreement & accounts to the local newspaper - the threat of bad publicity in the local area will probably be enough for them to back down.... Read More