With so many Property Management agencies to choose from, it can be hard to know where to go and who to choose.
Read on as we break it down and highlight what you should be looking for in a good property manager in Narre Warren, Berwick, and Pakenham.
Choose the right real estate agency to manage your investment property
This is one of the most difficult tasks you will face as a Rental Provider. No two properties or Rental Providers are the same and it is vital that your property’s features and your individual needs are considered.
While we appreciate that fees do play a part in your decision-making process, it is vastly more important to consider the systems, processes, and experience that underpin the strength of the agency that you select to manage your financial future.
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You get what you pay for
High-quality property management can be hard to find however, like with most things in life you get what you pay for. There’s a saying ‘if you think hiring a professional is expensive, wait until you hire an amateur.’
When offered low fees, ask yourself ‘what has been compromised for the agency to be able to afford those low fees.’
Overflowing property portfolios, poorly paid staff, or cost-cutting in the form of no routine inspections scream low fees and should be red flags.
Quality Assurance
First National Neilson Partners adhere to ISO-accredited Quality Assurance procedures which ensure that every 12 months, our procedures and processes are audited and updated in line with current laws & legislation.
This is not offered at all real estate agencies though should be something you look for in your preferred agent.
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Experience, Training & Systems
At First National Neilson Partners Narre Warren, Berwick, and Pakenham, Property Management is more than simply collecting rent and hoping for a good outcome.
Property Management is the skill of increasing the worth of your investment whilst maximising your income and minimising your expenses. As a Rental Provider, you want someone in your corner who knows current property legislation back to front, understands the local real estate market & can use their experience or knowledge to avoid worst-case scenarios.
While we are commercially competitive, we will not compromise on training, systems equipment, or standards that enable us to assure the selection of quality home renters, timely rent payments, and minimal property vacancies.
Honest & Trustworthy
Unfortunately, it’s not uncommon for people to feel, or suspect, that real estate agents inflate their rental estimates.
It’s true, in some cases they do. It’s partly human nature to want to show enthusiasm and a generous market appraisal or rental income estimate is one way of demonstrating how keen they are for business. Neilson Partners believe there are more appropriate ways to demonstrate enthusiasm, so we avoid this practice. Our goal is to provide you with a realistic and honest price range between conservative & optimistic, both of which have their own benefits.
FIND OUT WHAT YOUR EXPECTED RENTAL INCOME IS
When only the best renters will do
Top-quality property management has a holistic approach to letting your property. The biggest focus is on securing high-quality renters for your investment property though maximising the return on your investment and limiting vacancy time are also major focuses.
First National Neilson Partners Property Managers take time and effort processing renter applications and thoroughly check for affordability, rental history, and reference checks and ensure all information provided is correct.
After all, we put you first.
Residential property management is not the only option when exploring investment opportunities. We also offer commercial and industrial property management with First National Commercial Neilson Partners. Get in touch today to explore this option.
