Letting a Property with Lets Bid could not be Simpler


Here at Lets Bid Property, we give you, the estate agent, one of the quickest and easiest ways to rent and let a property.

This new and exciting concept not only allows you to connect directly with pre-referenced tenants and receive deposits in an instant – leading to more deals closed - but our three-tier management system means you get greater control over your rental listings, all at the click of a mouse.

The concept is simple. We connect you – the professional estate and letting agents – with thousands of renters using our online auction platform.

Would-be tenants place bids in our online house auction, and you have complete control over the whole process.

The Lets Bid Process Working with our platform is the easiest way to market your available rental opportunities to tenants who are ready and waiting. To get started:

1. Upload your property. This can be done in a matter of minutes via our tailored mobile app, or using the site on your desktop, tablet or smartphone. Our system allows you to upload all of the information that renters expect to see: address, photos, costing and Assured Shorthold Tenancy (AST) terms, details of deposit and viewing slots where applicable. You can even create floor plans using your phone or tablet

2. Set your rental price and reserve price to ensure you meet the minimum monthly payment required

3. Set your auction duration. With Lets Bid, you can list your properties for as little as 7 days or as many as 28 days, depending on the turnaround needed

4. You can also upload any relevant documents for potential renters, including AST agreements, gas and electricity certificates and details of additional communal facilities available to renters

5. Sit back and wait for bids to roll in The best part of the whole process is that you are the one in control. You set the parameters that renters must abide by, and you can choose to accept or decline bids – you can even open negotiations.

Say goodbye to the days of paying over the odds for property brochures, too. Using our system, you can create professional individual brochures for all properties listed in minutes using the information you used within the listing. The Full Service Package Rather than just providing you with a platform for rental listings, we give you access to everything you need to get your properties rented in as short a timeframe as possible. You can perform instant credit checks on those making bids on your property, request EPC ratings in 48 hours and take deposits using our integrated payment system.

At an agent level, you can access full analytical data on your properties listed for auction. With access to the page views and stats of the people making bids and downloading information about your listings, you can determine whether you need to make tweaks to your listing. At branch level, you can oversee all listings and evaluate and analyse the performance of all properties and bidding.

At the top level, you can use the system as a management tool to oversee performance between branches, too; giving you the analytical data you need to make informed decisions and set targets accordingly. Working with Lets Bid could take your business to the next level when it comes to lead generation and closing deals, as well as streamlining the whole letting process in the digital world. Want to Get Involved? To register, you need to be a professional and recognised letting or estate agent. The first 1,000 agents to sign up will get a free 12-month subscription. Our standard rates start at £100 per calendar month for full access. You can register your interest for the new way of buying and renting property here at www.letsbidproperty.co.uk, pop us over an email to [email protected] or give us a call on 0208 350 8575 to speak with our business development managers directly.

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