December 10, 2024
What should be expected from a Property Manager?
What should be expected from a Property Manager?
When deciding whether to employ the services of a Property Manager or to self-manage your investment property, a question you should be asking yourself is, “what is your time worth, and do you know enough to protect you and your property?”
Did you know that Property Managers need to be familiar with over 2,700 pages of legislation just do their job?
Choosing to handover the day-to-day responsibility to a licensed Property Manager can make life a lot easier, reduce your vacancy rate and increase your rental return.
Here are some the tasks Property Managers are expected to perform to look after your investment.
Marketing your property to find quality tenants
Preparing your legal documents such as, your lease agreement with all required conditions and any special conditions to protect the property and owner
Negotiating lease terms and rent where required
Sharing market updates and intel to maximise financial returns
Managing repairs and maintenance around your property
Carrying out regular inspections and reporting on the condition of your property at the start and end of tenancy.
Issuing necessary notices within the prescribed times to protect you, the owner
Attending SACAT (South Australian Civil and Administrative Tribunal) hearings when disputes arise
Being the key contact for your tenant during their time in your property.
At TOOP + TOOP this is the foundation and just the start of what we do for you. In addition to the above you will receive:
Photographic inspection reports. Regular and comprehensive reporting of your property.
Instant open inspection instant reporting. Information within minutes with intel on open inspection attendees, interest levels and feedback.
Access to our database of over 4,700 pre-screened, high-quality tenants. Save on vacancy cost on advertising fees by securing your next tenant secured sooner.
Award winning app. Find out exactly when your tenant pays rent, track maintenance jobs, view your statements and more. We believe in full transparency.
Custom maintenance packages including regular services like gutter cleaning.
Arrange and oversee compliance for your property, which includes annual smoke alarm services.
24/7 Emergency hotline for your tenants.
Self-help maintenance guides for your tenants, helping to avoid costly call out fees when work is not required.
Trades accountability. Exclusive access to our Trade Network and star ratings plus complete flexibility. Use your trades, or ours.
Tailored training programs for our property managers, over and above the industry norm.
Specialised team structure, which includes a Managing Director, General Manager and a Corporate Support team.
To learn more about what we offer please click the links below:
https://www.toop.com.au/propertymanagementinsights/world-class-technology
https://www.toop.com.au/blog/toophome-adds-wellness-platform-for-tenants-and-landlords
