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The Estate Agent Consultancy Podcast
The Estate Agent Consultancy
Is There a Better Way to Handle Deposits? | Kalan Ledger, Reposit
NOV 12, 202628 MIN
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Description
Could offering tenants a choice on deposits help you win landlords and reduce your team’s workload?
Rachel Ollington is joined by Kalan Ledger from Reposit to explore how deposit alternatives work, what they mean for tenants and landlords, and why more letting agents are considering them.
Kalan explains Reposit’s approach: tenants pay a non-refundable fee equivalent to one week’s rent instead of providing a traditional cash deposit, while landlords receive eight weeks’ protection. They discuss how tenants remain liable for valid end-of-tenancy charges, how disputes are handled, and where agents could save time on administration.
Plus, the pressures on tenant affordability, the opportunity to generate an additional revenue stream, and how offering something different can strengthen your next landlord pitch.
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