There’s opportunity for letting agencies to maximise the value of their lets. But with updated regulations and the current climate in the market, there’s a lot for agents to manage and take on.
That’s why Alto has partnered with HomeLet to take on some of the load and free you up to focus on what really matters. By connecting HomeLet to your estate agency software, you can run referencing and protection without leaving your workflows.
HomeLet is the UK’s leading tenant referencing firm. Protecting agents, landlords and tenants for more than 25 years, HomeLet provides high quality tenant referencing, alongside generating recurring income for your letting agency by marketing relevant products and services to your customers.
With HomeLet’s range of services, letting agents can maximise on every let and grow their business. From tenant referencing to rent protection, its high-quality products limit the risks of loss of income and negative experiences for your landlords.
Below, we’ve highlighted some benefits from the Alto and HomeLet integration:
Intelligent referencing: Trusted by thousands of agents across the country, use a market-leading solution powered by best-in-class technology and data, and hundreds of specialist team members to support you
Reduce risk: Stay compliant while reducing loss of income and negative experiences for your clients and landlords
A better experience: Benefit from a platform that improves the customer journey and upholds your brand’s image
Earn commission: Generate extra revenue for your business, in excess of £300 per property per year
It all starts with quality referencing
Ensuring good quality referencing is key for agents. Fraudulent tenancy applications have quadrupled in the past two years. With over 25 years of experience, HomeLet has referenced more than 10 million tenants, so you can feel secure that your referencing results are reliable and trustworthy.
HomeLet’s specialist referencing department completes over 1M references a year and performs a multitude of checks to provide an objective assessment, and they’re delivered to you fast.
Mitigate risks with reliable protection
Offering Rent Protection through HomeLet can also help you improve client retention rates. By building rent protection into your management package, you give landlords another reason to stay with your services.
With the Renters’ Rights Act bringing further change to the sector, compliance is increasingly front of mind for letting agents, and HomeLet’s legal support helps you stay on the right side of the process.
When tenants are in arrears, your team’s workload will likely increase. HomeLet’s experienced in-house Legal and Claims team will guide you and your landlords through the complex eviction process if needed, to ensure compliance at every step. Good property management CRM tools matched with the right partners make these busier periods far easier to handle.
Improve client experiences
Generate income through additional revenue streams
HomeLet is an expert when it comes to income generation. Its enhanced tenant contact programme, combined with agent and landlord protection solutions, gives you new revenue streams to build on.
Increased income from tenant services
Services like broadband, TV and utilities are all important to tenants when they move home. HomeLet is an experienced reseller of well-known brands such as Sky and Virgin Media, and can provide tenants with special offers that they can’t access directly. Tenants get good deals and you get commission to drive additional income.
Tenants insurance commissions
Most tenants will have a range of contents and personal possessions they’ll want to protect, and there’s also cover against accidental damage to your landlord’s items to consider.
Tenants can take out Tenancy Liability cover to reduce the risk of end-of-tenancy deductions. HomeLet’s experienced team will contact your tenants and take care of the process for you, providing a valuable service to the tenant while generating commission income for your business.
Alto connects with a growing range of lettings and property management integrations built to help agents do more without adding to their workload, including 12 new additions designed to reclaim your admin time.
Want to explore HomeLet services?
Learn more about HomeLet or book a demo to see how Alto and HomeLet work together in practice.