Property Manager mismanagement: are you being cared for right?

Landlords often want to know if they are actually being cared for properly by their Property Manager. They will quite often want to know what a Property Manager should be doing for them that they are not aware of. Unless you have had different property managers in past, how would you know if you are receiving the right property manager management? How often do you analyse your relationship with your property manager?

If you are wondering if you are being cared for right by your current Property Manager, this video will highlight what you should be expecting from them and how it pays to take a step back and evaluate the quality of the property management service you are receiving.

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While everything may seem to be running fine on the surface, there can be signs that suggest it’s time to switch property managers. Asking yourself these questions can be a good start to evaluating the quality of your property management service.

Signs you are not receiving the best property manager management

• Do you have a positive relationship with your Property Manager where you feel comfortable enough to ask any questions whenever you need?
• Are you constantly following up on emails and calls or is your communications responded to promptly?
• Does your rental income come into your account reliably and consistently each month?
• Are you offered fortnightly or monthly payments?
• Are you being charged any fees that you didn’t know about when you first signed with the agency?
• Is your tenant happy? Does your Property Manager have an ideal relationship with the tenant and know about their future plans and movements?
• When tenants move out, how long does it take for the property to be tenanted?
• Are new tenants being vetted for credit rental history and prior tenancies?
• Is a detailed and thorough entry and exit condition report completed?
• Are repairs and maintenance attended to quickly by quality, registered tradespeople?
• Is your Property Manager ensuring that your investment is being looked after so that it is gaining value over time?
• Are you provided with regular and detailed routine inspections? Do these routine reports provide you with details on what needs to be addressed in the future so that you can budget for that expense down the track?
• Is your property given regular rent reviews to make sure that the rent is at market value?

You deserve the very best service from your property management company. If you feel that you are not receiving it, it might be time to change your property manager.

If you’re ready to discover how you can rent out your property with confidence, download our free Step By Step Checklist to Renting Your Property with Confidence.

YES, DOWNLOAD MY CHECKLIST

If you feel you could benefit from our experience with property management, we’d love to hear from you. Simply reach out

I hope that has helped you today. If you have any questions I’d love to talk to you. My number is 0426 264 771 and I look forward to talking to you soon.