High Street Letting Agents Loose Out In The Battle With The Online Rivals

30 September 2012 Categories: News

High Street Letting Agents Loose Out In The Battle With The Online Rivals

Upad, one of the fastest growing online letting agents, recently surveyed their database of users to find out whether online letting agents had become more popular than their high street competitors. The results, say Upad, were astounding with 96% of respondents saying that they would recommend the use of an online agent over the more traditional high street agent any day.

In addition, 92% of the respondents that were searching for properties said that they always started their search with online agents, and only moved to the high street if they couldn’t see anything they liked online.

It’s little wonder that online letting agents have become so popular with companies such as Upad offering a full landlord package for just £299 plus VAT, which is a considerable amount less than high street letting agents charge for the same service.

James Davis, CEO of Upad recently explained their success by saying “Our focus is on making the lettings process as quick and painless for both landlords and tenants as it should be. We believe a successful tenancy requires landlords to know their tenants personally and our innovative business model which is based on bringing these people together whilst dealing with everything else professionally at a fair price is something that our landlords are clearly satisfied with.”