Property Management Toolbox

5 Common Mistakes When Choosing a Property Manager.

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Published Date: 2012-06-19
This article is a guest post from an Australian real estate expert and property manager in Brisbane, Australia. Brisbane property managers are definitely not few and far between. However, if you need to choose a property manager yourself, then it is important that you choose the right one. Here are five common mistakes that property owners make when choosing a property manager. Communication – When it comes to property managers, it is very important that there are good lines of communication. Check the references of any property managers that you are considering, and see how good their communication skills are. If they are not good, then this should definitely ring alarm bells. Experience – Unfortunately, some property owners go for the cheapest property managers. More often than not, cheap means lack of expertise. If you have a lot of properties under your belt, then you need to make sure that the property manager has a considerable amount of expertise and experience. Complacency – Unfortunately, some property managers are just not up to scratch when it comes to being proactive with the properties that they manage. A lot of people will choose managers like this because they are a lot cheaper. However, this is something that you want to avoid if you want your property to be managed well. Respect – Some people have found that they have chosen Brisbane property managers that seem to lack respect for them, the properties that they manage, and also the tenants. This is something that you are definitely going to need to avoid as it will not do much for your reputation. Face to face – When it comes to dealing with your property managers you need to make sure that you are dealing with one who is happy to talk face to face so that you do not feel like just a number. Avoid these common mishaps when selecting a property manager for your corporate rental property. About the Author: Stella Jhon, is a real estate agent but not working for specific real estate firm. She is working as a property manager in different real estate & property management adviser.

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