Business Growth

Business Growth

How To Gain New Instructions

As a letting or estate agent working in such a competitive market, instructions are crucial in order to grow your business. We at VTUK are aware that finding instructions is becoming more and more difficult as vendors and landlords go online and become harder and harder to find. As well as this, many landlords are exiting the industry as more and more compliance is introduced whilst vendors are continually being put off by the speed of the sales process. That’s where our Openview property software comes in. Openview is your forever software, with all this constant change Openview brings order to your confusion enabling you to work on the business rather than fire fighting in it. For example, our Openview software provides you with the tools needed to stand out in such a competitive environment and gain new instructions. Openview Toolbox features a repair reporting tool we call Task Manager. …

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Business Growth

How To Increase Business Value

Whether it’s your landlords, tenants, contractors or vendors, making them value your business is crucial to not just retain your business but enhance the reputation of your brand. Transparency The first thing you should consider is your communication between parties. Think about launching a portal where all business parties can communicate in one place. This is all possible with Openview. Compliance With over 150 lettings laws, letting your landlord know you’re compliant is key to maintaining a good relationship. Earn a qualification through ARLA or NAEA to showcase your professionalism in the industry or keep up to date with all compliance using our e-guides, available on our Openview Enterprise Facebook Group. Landlord Seminars Share your knowledge as a letting agent at your very own business seminar. This will give you a chance to stand out against any competition in the market whilst network with current or potential landlords. Click here …

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Business Growth

Tip 2: Upselling

This is really to focus and formalise on the way that you upsell during the tenancy process. We’ve got a lot of stuff in place for our clients, things like online landlord portals, repair reporting and a whole host of innovative prop-tech that will generate you additional income which you may not be using at the moment. You can look at key areas, like utilities and communication packages and link to those companies so there is an automated process in place. Therefore, you’re not increasing your overhead but you are generating additional revenue from the tenancy. Discover Openview property software, call 0800 328 0460, email info@vtuk.com or visit vtuk.com.

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Business Growth

Your Success Checklist

We’ve put together a checklist of questions you should be asking yourself as an agent. When it comes to acquiring new landlords, defining your business strategy is key. Our checklist has everything you need to plan for success and is exclusive for our Openview users. Download the checklist on our Facebook group designed exclusively for our Openview and VTUK users, calling 0800 328 0460 or emailing info@vtuk.com.

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Estate Agent Tips

Profit Or Loss?

Whatever industry you’re in, making a profit or loss is a crucial aspect of keeping your business afloat, as well as a potential factor in the growth of your company. We appreciate that making a profit can be extremely difficult at this competitive time and we urge letting agents and landlords to follow our simple advice when it comes to profit. Establish Your USP Establishing your USP as a property professional is key. It’s important to think outside the box when creating your USP, be creative and establish a brand people can identify with, as this can decide whether your agency fails or continues to thrive in the market. Make your agency more than a business than rent’s houses to tenants, give them a reason to use your services by offering them something no other agent can offer, such as a reward scheme or a personalised lettings approach. Research Your …

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