Friday, January 23, 2015

What do I need to consider when/if i set up a letting agency? -

Im thinking of setting up as a letting agent and property management co. where can I get information and what ar the pitfalls?

Hi, do you have a knowledge of Landlord Tenant Law? From next year, letting agencies will have to be licensed by the government, and as such you will have to know what you are doing.I suggest you look at http://www.nfopp.co.uk/qualifications/de��You will also want to join a trade association - ROSEMARY P is incorrect, it is not a legal requirement, but this will give you a distinct advantage in the marketplace - ARLA is the most well known respected. http://www.arla.co.uk/As others have suggested - a year or two working in the industry would be a very good start as without all the necessary knowledge you could end up causing legal problems for yourself or your landlords. You can find plenty of examples on Yahoo Answers of the problems/distress incompetent agents can cause.

Letting agents in the UK are now required to be members of ARLA - the Association of Residential Letting Agencies. Check their website for information to help you set up your business.As an agent you have to market yourself in two directions - one to owners of properties who would like you to let them and two to potential tenants. As the managing agent, you can be caught in the middle of disputes.Good luck!

The best way to learn the trade is to get a job as a trainee letting agent with a firm of estate agents.There is too much to learn and too many pitfalls to list here. You could also look at the website below for an idea of the letting side. There is no shortcut other than a quick route to disaster. You have to acquire the knowledge through learning and practise. If you make a c*ck up you will be on the wrong end of a law suit before you know it.

Our letting agents all have letters after their names, try looking them up to see what they are and how you to could study for them. Nobody would let you be their agent if you didn t know all the rules, regulations and the laws related to this business.The letters are: FNAEA (honoured) FARLA. MARLA.

When you buy something off Ebay, how fast does it ship to your house? -

I just bought something off Ebay, and i cant wait for it to come! Whats your estimated guess, on when it will arrive? please help! Thanks!

dont buy on ebay isnt good at allgo better to amazon.com

It depends on how the seller is shipping it and when they bring it to their shipper.Most eBay sellers are NOT professional businesses -- they re just regular people like you and me, and they have regular jobs and families. Remember this is a holiday week. If they don t get to the post office tomorrow, they might be busy with family or travelling and might not even get it shipped until next Monday.You ll need to be patient.

I usually get my stuff in 3-5 business days. Check out the seller s feedback and see if other buyer s have left the comment Fast shipping!! . That is always a good sign. Keep in mind it is the Thanksgiving holiday now (if you are in US) so it might be a day or two more.

It depends on where the seller is located and how fast they ship it out. I ve gotten items sometimes within the week and others over a month (one came from China).

How to classify this worker? employee? Independent contractor etc..? -

We are in a dentistry business. We are planning to hire this person, a sort of billing agent or an specialist that calls and make appeal letters to insurances so we get paid pending completion of the requirements that insurance is requesting.She offered to come once a week for 4 hours to complete the job needed. She works independently but uses our computer to write the letters and emails and also uses the telephone to communicate to insurance companies.How should we classify this worker? An employee? An Independent contractor? What?Thank you for your help.

The employee is coming in to your office and using your computer and telephone. Since they re in your office, I presume it could be argued that they re being supervised by one of your staff. I d say that the person is an employee.Edit: It seems as though some of the answerers are confused. See the IRS link below with these two items: 5. If you have the right to control or direct not only what is to be done, but also how it is to be done, then your workers are most likely employees.6. If you can direct or control only the result of the work done -- and not the means and methods of accomplishing the result -- then your workers are probably independent contractors.

I would classify her as an independent contractor. As long as you don t dictate to her what hours she has to work. It s completely ok, that you agree together what hours she works.Also, she doesn t HAVE to use your computer telephone. She does this so she is not responsible for controlling the files out of the office.

Independent contractor. You just pay her and not withhold any taxes, and give her a Form 1099 at the end of the year. She is responsible for all taxes, self-employment tax, etc.

She could be either. I would check into which would be more beneficial to the business with taxes and liability.

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