How does your agency choose which property is a match for me?
We listen to your preferences and compare them to the specifications of our sellers and landlords.
We rely on the information that you submit to us and your assessment results to determine if you will be able to sustain a rental or purchase. We ensure that you are satisfied with a great home while fulfilling our promise of profit to your supplier.
We factor in your financial capacity and your values so that you are mitigated from problems that can be caused by financial miscalculations.
Where can I find properly maintained homes?
Some lettings are managed by excellent landlords and agents.
Ask for recommendations to find spaces that are excellently managed and maintained. A poorly maintained property can cause you accidents.
When looking for a space in Birmingham or Wolverhampton, visit our online property catalogue, or talk to us via our website or local office.
Where to find the cheapest properties for sale?
Whether an owner is selling for a loss or profit, the cheapness of a property is subjective to your needs and goals.
When you are looking at a highly-urbanised area, the cheapest option might be priced as much as the costliest option found in a rural location.
The best way to find the most reasonable price for your preferences is to consult a property sales agency. With Regional Homes, our experts will assist you in your property search to ensure that you are getting the right home for you.
Why consult an agency when choosing a property?
Our agency ensures that the properties being sold and leased through us are compliant with government regulations.
When you purchase a house or property through our agency, you can be sure that its title is clean and it is legally allowed for the transfer of ownership.
When you rent a space through us, we ensure that the property has passed fire-safety regulations, business compliances, safety protocols, energy efficiency guidelines, and legal authorisation.
How do I choose the right house to rent?
Only rent a house that has acquired the proper compliances and a sound customer service program. See to it the building you will live in has fire-safety and disaster-ready paperwork from authorities.
Find houses with excellent plumbing and a sound waste management system. Do not rent a space with faulty wiring and carpentry that may cause accidents.
How much is the cost of living in Wolverhampton?
With around £2,616.00 in Wolverhampton, you will have the same quality of living as with £3,113.60 in Birmingham or £4,700.00 in London. Commodities are 15.61% lower than in Birmingham with rentals at almost half the price.
What is the cost of living in Birmingham?
Compared to London, the cost of living in Birmingham is cheaper with rent costing at least 33% less. With around £3,113.60 in Birmingham, you will experience the same quality of life as having £4,700.00 in London.
How much to buy a house in Wolverhampton?
You can buy a property in Wolverhampton for a price of around £190,452 (August 2020). You can get an average flat for £119,344 or a terraced house for £128,443.
How much can you buy a house in Birmingham?
The average price for a house in Birmingham is £191,034 (August 2020). Flats sell for an estimated average of £146,203 while terraced houses are priced at £152,070.
Do I buy or rent?
If you are temporarily staying in a place for a relatively short time in a particular location, it is wise for you to rent out space instead of buying. Buying can be costly for you in this situation, but if you can afford it, it is recommended that you purchase anyway because when you leave the place, you can sell it for a more significant price or let it for passive income.
If you are planning to settle down on a place, you have to secure your property and buy a house. A more permanent residency can be disturbed if you are renting a space, and the landlord changes his property’s priority and has to evict you.
A good gauge is that if you are seeing a long-term relationship with a company you are working at, own a space where it is based.
Is it wise to buy a house?
Yes, it is. Owning a house is owning a vital commodity. When you have your own home, you can be sure that you will have a place to come back to.
Also, real estate is always rising in terms of demand and price, and you can sell it at a later date or put it out for lease when you need money.
A house is an excellent store of value, and the land by which it stands itself is a worthy investment. You can pass on your property as an inheritance or sell it out when you retire.
Do you manage tenant complaints?
Yes, we mitigate and manage tenant complaints. We ensure that complaints are predicted and eliminated or minimised, but when issues still arise, our team is ready to stop escalations by quickly addressing and solving problems.
For convenience, we have local offices in Birmingham and Wolverhampton where your tenants can complain in person.
What are the accreditations for property agencies?
There aren’t any statutory regulations in the UK concerning property management agencies. However, institutions usually have memberships under the Association of Residential Letting Agents and are required to enrol in a Tenancy Deposit Scheme.
Companies that manage apartment buildings are usually members of the Association of Residential Managing Agents (ARMA) which promote high-quality standards for leasehold management and guides Residents Management Companies and leaseholders.
What does property maintenance service entail?
Property maintenance agency is hired to do the maintenance work for letting business, including plumbing, furniture and furnishings, electrical work, connectivity, and repairs.
Agencies represent the landlord in terms of receiving and processing maintenance calls and requests, and implementing fixes, upgrades, and other maintenance matters.
What does a property management company do?
A property management agency operates, controls, maintains and oversees real estate or physical property.
It maintains equipment, personal property, and tooling. It also manages physical capital assets used to build, repair, and maintain end item deliverables.
A property management agency supervises systems, processes, and human resources needed, including control, acquisition, accountability, utilisation, responsibility, maintenance, and disposition.
What does a letting service agency do?
We are a letting service provider, and when you hire us, we will do everything that covers great letting, including landlord services and property management and maintenance services.
We will prepare your property, make it rent-worthy, market it, find the right tenants, maintain the property, manage the tenancy, collect the rent, do all of the accounting, and submit your profits together with comprehensive income reports.
Do you represent clients in legal disputes?
Yes, we represent our clients in all issues and transactions. Our full services will cover all areas of property selling, letting, buying, and renting, including legal matters like tax, compliances, safety regulations, business authorisation, and disputes.
We are experts in mitigating landlord-tenant disputes and in smoothly ironing them out when they happen.
Do you offer consultation?
Yes, and more. When you contact us, we will advise and assist you in whatever property-related needs you may have.
We give expert advice to people who are selling or letting properties and spaces, and those who are doing property searches looking to buy or rent a home.
How to search for and find the right buyer or tenant?
Part of our agency’s expert services is property-client matching. We ensure that our sellers and landlords are finding the right customer for their offering.
We match customer preferences with property specifications and ensure living satisfaction to the client while maximising the earning potential for the property owner.
What service does a property marketing agency provide?
A property marketing agency will promote a property that is either for sale or rent.
If you are looking out to sell your property or home, you can hire a property marketing service, and your offering will appear in their catalogue where thousands of property searches give you the potential to complete a sale.
If you are planning to let or lease your property, you can hire the same service to promote your posting for potentially interested customers to choose among other options.
Why should I hire a property agency?
When you hire the full services of a property expert agency, you will be relieved of the many troubles that come with acquiring or earning from your property.
When you are selling a property, the agency will give you advice and assistance in making your offering sellable, market your space to the right seller, and facilitate the transaction for you.
When you are letting a property, an agency can do the landlord, management, and maintenance work.
When you are looking to buy a house, an agency will assist you in your property search and help you through the whole transaction.
When you are looking for a space to rent, an agency will help you find a safe and secure place to call home.
What to do if a tenant leaves behind belongings?
Your contract with the tenant must include what should be done with their belongings at the end of a tenancy and explain by which and what you can do with possessions left or abandoned in your property.
When a tenant leaves possessions, serve an S21 that states how long you are willing to wait for them to collect their belongings and what you will do if they don’t. If a tenant fails to collect, the belongings are considered as abandoned and you can do what you intend to do to them.
How to evict tenants in the UK?
When evicting a tenant, you must implement a Section 21 notice or a Section 8 if a tenant has breached your agreement. When your tenant owes you rent and does not leave by the set date on the note, you may then request the court for a standard possession order, or apply for an accelerated possession order if unpaid rent is not an issue.
If the tenant still refuses to leave, apply for a warrant for possession by which bailiffs can remove the unwanted person from your space.
Are smoke detectors mandatory?
Rooms for rent are required to have systematically installed standard smoke detectors.
An owner, landlord or manager that fails to comply with fire safety standards will be fined with up to £5,000 with not less than six months of imprisonment. Injuries and fatalities resulting from non-compliance will result in more serious legal consequences.
What are the furniture and furnishings regulations?
The Furniture and Furnishings Regulations imposes that furnishings such as mattresses, bed bases, sofas, cushions, and padded headboards must follow fire resistance regulations.
Furniture and furnishings must have a permanent mark or proof of compliance, or else they have to be removed and replaced.
Is it ok to live in the Midlands?
The Midlands is located in central England comprising historical cities and industrial ones like Birmingham and Wolverhampton in the West Midlands.
With low costs of living compared to most metropolitan areas in England, many people are attracted to migrating to the location. The West Midlands is especially coveted because of its accessibility, low living cost, and excellent local economy.
What causes turnovers?
Turnovers are caused by picking lousy tenants, giving excellent tenants a bad living experience, faulty maintenance, careless management, and unsatisfactory home conditions.
These factors stem from a lack of commitment to customer service. This can be a result of a landlord lacking expertise or having too much work for him to handle.
This is why the best places to rent are those managed by expert property managers or property management agencies.
How much will people pay to rent my space?
Factors including local market conditions such as supply & demand and market competition can determine how much your letting is worth. How much you have invested in your property’s interior and exterior conditions and amenities will also factor in with the price.
Another determinant is your property’s location. Your proximity to business areas will affect your let’s price.
What are the responsibilities of a landlord?
The landlord pays for refurbishings before a tenant comes in to rent the space. Part of his work is the management of the property and tenancy, supply and maintenance of standard needs and repairs, collection of fees, appropriation of bills, accounting, compliances, and more.
If you are planning to let or lease your property, you can ease your work by hiring an agency that will do all of the tedious tasks for you.
What is the difference between a real estate agent and a real estate broker?
Most states require real estate sales professionals to be licensed by the state, so that they can control education and experience requirements and have a central authority to resolve consumer problems.
The terminology used to identify real estate professionals varies a little from state to state. Brokers are generally required to have more education and experience than real estate salespersons or agents.
The person you normally deal with is a real estate agent or salesperson. The salesperson is licensed by the state, but must work for a broker. All listings are placed in the broker’s name, not the salesperson’s.
A broker can deal directly with home buyers and sellers, or can have a staff of salespersons or agents working for him or her.
Why should I use a real estate salesperson?
A real estate salesperson is more than just a “sales person.” They act on your behalf as your agent, providing you with advice and guidance and doing a job – helping you buy or sell a home. While it is true they get paid for what they do, so do other professions that provide advice, guidance, and have a service to sell –such as Certified Public Accountants and Attorneys
The Internet has opened up a world of information that wasn’t previously available to homebuyers and seller. The data on listings available for sale is almost current – but not quite. There are times when you need the most current information about what has sold or is for sale, and the only way to get that is with an agent.
If you’re selling a home, you gain access to the most buyers by being listed in the Multiple Listing Service. Only a licensed real estate agent who is a member of your local MLS can get you listed there – which then gets you automatically listed on some of the major real estate web sites. If you’re buying or selling a home, the MLS is your agent’s best tool.
However, the role of an agent has changed in the last couple of years. In the past, agents were the only way home buyers and sellers could access information. Now agents are evolving. Because today’s home buyers and sellers are so much better informed than in the past, expertise and ability are becoming more important.
The real estate agent is becoming more of a “guide” than a “salesperson” — your personal representative in buying or selling a home.
I have a family friend who is a Realtor. I like her and she is a help but she gives me one price to sell my home for and I think it is too low. So I called another agent who suggested a price more in line with my expectations. Who do I choose?
You might want to consult a couple more Realtors on the market value of your home. Most of the estimates should be in the same ballpark.
It could be that your friend is being more honest with you about the value of your home and the other Realtor gave you a higher number because he already knew you expected it. This is called “Buying a Listing” and is the subject of an article on our web site.
Or it could simply be that your friend is a good friend, but not that great of a real estate agent.
Mixing business and friendships is always risky to the friendship. On the other hand, if your friend is truly competent and was providing wise advice, she may be offended if you ignore the advice and choose another agent.
I have to make a choice between an updated home in an older neighborhood or a newer home in a more modern neighborhood. The home in the older neighborhood has almost everything I want and is much larger, but which makes the most sense as an investment?
If your goal is to buy a home for it’s resale value and the one you are thinking of buying in the older neighborhood is at the upper end of values for that neighborhood, then it may not be the wisest choice. If it is similar or lower in price to the others, then there should be no problem, because pricing should be considered in relation to the local neighborhood and not compared to homes in other neighborhoods (for the most part)
Plus, is it a neighborhood on the decline, or are others going to be fixing things up, too, so that it is a neighborhood that is improving? It could turn out to be a very good deal as long as you don’t “overpay” because of the recent improvements.
Remember that you also buy a home for it’s value to you as a “home,” and that is something else you should consider. Which neighborhood would you AND your family feel most comfortable in?
When buying a new home, what upgrades should we go for? What holds the most value? Do we upgrade the lot? Pick more square footage in the house? Add an extra bedroom?, etc.
A lot depends on why you are buying the house. Are you buying it mostly as a home or mostly as an investment? There is a difference.
For the most part, upgrades are high-profit items for builders. They aren’t designed to enhance the value of the house, but make you happier with the house you do buy.
If you are looking at your home as an investment, then you buy from the smaller to medium size in the tract and spend only a minimal amount on upgrades. If you are looking at your purchase as a home, then you select upgrades that will enhance your quality of living.
One rule of thumb is to always upgrade the carpet and padding.
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