New Additional Income Option For Landlords
This company considered TV advertising (and might still do it yet) but they decided to use personal referrals as a way to grow their business. As an incentive they give £5 to anyone who refers someone who does business with them. To do this you need to be a Free Member yourself. I was thinking about referring my tenants for example (don't worry, all financial products are paid up front so even if you are not sure about the tenants, they won't be getting away without paying them...if only renting out property was as simple!). There is even a way to get much higher on-going commission payments but for this you have to pay some money up front, but it might be worth doing if you get some good responses from your tenants taking up this service.
If you want to have a look at it, use the link below in full as this will automatically give you the referral details you will need to join up as a free member.
Of course you could still use the Price Comparison sites as well but take note of what the BBC News article revealed about these in the link below, so you might be better off having a professional do the work for you after all...why not try it out while it remains a free service!
If you like the service and would be happy to refer it to your tenants then this could give you another income stream also, especially if you paid for the membership level where you can get on-going commission payments for multiple successful referrals.
I hope you find this as interesting as I did! Even if you don't do anything with this information, I think you will be hearing about this Company in the near future in Property and Rental Management circles due to the link with household financial services provision.
There are some webinars about this most weeks and also there is a seminar in Newark this weekend on Saturday. So if any of you want more detail on this just email me at firstname.lastname@example.org
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