What to Look for in a Great Property Manager

First Things First

You have gone to all the trouble of finding the right property to invest in, so it only makes sense to put the same effort into who you want to manage it.

And there is plenty to consider when it comes to identifying the most reliable and effective property manager to fulfil the job.

Get it right and the experience should be smooth sailing but get it wrong and you could end up in a world of pain.

Qualities To Look For

At Wellington & Reeves we often get asked how best to identify a great property manager.

Firstly, they need to be excellent listeners and communicators, pro-active and well-informed.  Being able to easily relate to your manager will provide a solid foundation for building an amicable business relationship.

Just How Serious Are They?

In our experience you need to look to real estate agencies who are serious about property management and don’t just have their department as an adjunct to sales.

You need to determine a property manager’s dedication to the job by asking key questions about the services they offer. Some of the hard questions you should be asking include:

 

Do they have a leasing team whose prospective tenant can book an inspection on-line 24/7, or are they relying on their already busy property manager?

We offer potential tenants on-line bookings and email alerts.

Do they provide their property manager with the necessary skills and tools for methodical tenant selection, an important part of the job?

We have a comprehensive screening process at Wellington & Reeves. On average 59 percent of our tenant applicants are declined during the application process.

Do they allocate enough or any time to monitoring rent arrears correctly? 

Currently 98 percent of our tenants are paying their rent on time.

Do they stand by the services they deliver to their customers by providing a full written guarantee?

We provide a Service Guarantee to all out clients.

To find out more visit our website or simply call us on 9841 1455 today.

Related Posts