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A property manager relieves owners of day-to-day property tasks
An experienced property manager will ensure that the property runs smoothly. They will be the point of contact for tenants when repairs and maintenance are needed to individual properties or the common areas of a building. They will conduct routine inspections and ensure that all the maintenance and repair jobs are attended to promptly so that there are no tenant complaints.
When the property manager builds a good rapport and communicates regularly with all the tenants, that improves the reputation of the property and it becomes less challenging to get new tenants. After all, word of mouth is one of the best forms of advertising.
It’s never a good idea to hire the first property manager you find using an internet search. The person you hire should have some knowledge about the local rental market. Look for someone who has worked on similar properties in your suburb and is reliable and prompt with their replies and meetings with you.
When you're looking for property managers, check their other listings online. Pay special attention to the manner in which they promote the rental properties they manage. See what is mentioned in the descriptions, the quality of photos and how they respond to enquiries. This will give you a good idea of their level of expertise.
It’s important that you conduct interviews once you have zeroed-in on a few promising candidates. Ask them how they would handle troublesome tenants and emergencies. This will help you judge their competency levels. Ask them for referrals and speak with their prior clients to understand whether they are reliable, efficient and honest, and then make your final choice.
The Oneflare Cost Guide Centre is your one-stop shop to help you set your budget; from smaller tasks to larger projects.