A flatshare is when you rent only one room in a house and share other facilities with other people in the same house like wi-fi connection, kitchen, bathroom etc. A flatshare makes living affordable and convenient for students or professionals who want to be pocket friendly. The trend has become very common in the UK. You can offer your property to potential tenants by advertising on website or by hiring real estate agents.
Once you are able to find a potential tenant for your property either by a website or agents you have to affirm an appointment with the potential buyer either on the website or through telephone. A potential tenant always arranges viewings on the property with the landlord. A viewing is just a process of fixing an appointment with the vendor either at day or night, whatever time is suitable to both the parties. Viewing a house by a potential tenant may include seeing the house, asking about the free facilities like free internet and nearby facilities. In all a potential buyer must check for budget, location, facilities and availabilities.
During viewing a vendor too can ask a few basic questions like will the prospective tenant be living alone or they will be a couple or asking the tenure the potential tenant wants to stay. These basic questions can be asked on phone in order to save your time and efforts. You should be particular to solve the potential tenant’s queries and confusions too. Also, as a good vendor you must make the room and house warm and welcoming to them.
After viewing the house, if the potential tenant is satisfied with the house and the location he will make an offer to the vendor. The offer will turn concrete only when both the parties, the vendor and the potential tenant sign a tenancy agreement. Some buyers can also ask for a small deposit in order to assure the commitment of the tenancy and later sign the tenancy agreement.