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Why do we have estate agents?

venomx
venomx Posts: 1,142 Forumite
Eighth Anniversary 500 Posts Name Dropper
in House buying, renting & selling
.... For rented properties?

Never understood why we have a middle man {estate agents} when we could deal with an communicate with the landlord directly?

Thanks
«1

Comments

  • LandyAndy
    LandyAndy Posts: 26,377 Forumite
    Part of the Furniture 10,000 Posts
    Because some landlords don't want to deal with tenants?
  • bigisi
    bigisi Posts: 925 Forumite
    LandyAndy wrote: »
    Because some landlords don't want to deal with tenants?

    It's not rocket science, is it?
  • venomx
    venomx Posts: 1,142 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    Well my landlord is a business not an individual which is why I'm asking
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    TO give frustration to both buyers and vendors and force them to use their in house rip off services
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • mimiduck
    mimiduck Posts: 194 Forumite
    As per above not all landlords want to deal with their properties/tenants which is why to have an agent. it's irrelevant whether it is a company or individual (and more reason to it for a portfolio LL to have an agent as I doubt he would be interested in dealing with anything)
  • SpiderLegs
    SpiderLegs Posts: 1,914 Forumite
    1,000 Posts Second Anniversary Name Dropper
    I always wondered why we have Tesco when I could just buy my crispy pancakes straight from birds eye.
  • danlewi2
    danlewi2 Posts: 186 Forumite
    Fourth Anniversary 100 Posts Combo Breaker
    Just because its a Ltd company - that could just be one person who owns the house but has registered themselves as an Ltd company. Useful as it protect there personal property if for instance they defaulted on the mortgage of the rented property.
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    venomx wrote: »
    Well my landlord is a business not an individual which is why I'm asking
    Well, what sort of business do they run? If it's not renting out properties, then maybe they prefer to delegate that to somebody who knows what they're doing, and concentrate on whatever they do.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    venomx wrote: »
    Well my landlord is a business not an individual which is why I'm asking
    ALL landlords are businesses, whether they're limited companies or sole traders, whether they want to admit it to themselves or pretend they aren't.

    I use an agency for finding tenants. For a relatively small fee, they advertise, they conduct viewings, they vet tenants, and they conduct the check-in and protect the deposit. Bargain.
  • danlewi2
    danlewi2 Posts: 186 Forumite
    Fourth Anniversary 100 Posts Combo Breaker
    why do we have travel agents, supermarkets, banks, restaurants etc
This discussion has been closed.
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