Live webinar: 15 September, 10 AM
Why Losing 27% of Your Revenue Is Good News
The end of renewal fees isn't a loss to recover from. It's the reason agencies finally have to prove what they're worth.
15 September, 10 AM
Join Goodlord as we unpack why the end of renewal fees is the best thing to happen to agency revenue in years - and what elite agencies are already doing about it.
Hosted by:
David Smith
Partner at Bishop & Sewell
David Smith
Partner at Bishop & Sewell
Tom Goodman
Managing Director of B2B
Tom Goodman
Managing Director of B2B
Toby Burgess-Smith
Product Owner
Toby Burgess-Smith
Product Owner
Since the Renters' Rights Act came into force, almost all tenancies are now periodic. The renewal moment that used to trigger a rent review, and the 27% of revenue that came with it, is gone. Section 13 is now the only route left to raise rent.
Most agencies are treating this as a hole to patch.
This webinar makes the case that it isn't: renewal fees were passive, invisible revenue landlords barely registered. A well-run Section 13 process is better - a recurring, portfolio-wide process that puts real, ongoing agent work in front of every landlord, every year.