1. Timing. One major consideration is timing – on both sides. A tenant whose timeframe works well with yours could well be the best suited to move into your property, particularly for landlords keen to avoid lengthy void periods. Asking your agent about proposed move-in dates is essential.
2. Pricing. Being realistic about pricing and market conditions is a significant piece of the puzzle – but it could be the case that a tenant producing an offer below asking price actually ends up being ideal. An offering party seeking a long-term rental home might, in fact, be a better fit than another at advertised price who wants a stopgap. Working out what works with your own circumstances is a key move.
3. Context. Ultimately a good agent should be delivering specific context and guidance. Finding out what was asked on the viewing or throughout the process is likely to yield some helpful background. Often a tenant showing interest in a property’s history as well as its maintenance/upkeep indicates that they want to take care and pride in living there, seeing it as their own.
4. Plans. Knowing a tenant’s rental history – such as how long they were in their previous property and why they are seeking to move – is important, as is identifying their future plans. Are they are looking to buy, move or relocate in the future for work reasons? Are their children settled into local schools? If so, it could suggest they want to lay down long-term roots. Seeking answers to all these kinds of questions will stand you in good stead when choosing which offer to go with.

In today’s market, it’s crucial to use an agent with a proven track record who can guide you through your journey as a landlord with confidence. Detailed information will enable you to make an informed choice.

Further information

Contact Oliver Sloggett-Taylor or Sophie Kekwick