Leading real estate agent, Tina O’Connor, shares her expert advice with Domain readers on how to choose the right property manager and navigate the sea of fees, stats and numbers when it comes to property management fees.
While the consideration of fees can at first be overwhelming, and the instinct may be to go for the cheapest option, Tina advises against this method. She states that lower-cost packages often skip out on key features like online premium listings features, which lead to better online exposure. Paying that little bit extra is often worth it, as the companies may have access to a stronger local database and better knowledge of specific areas – all of which can help secure tenancies quicker and maximise rental income.
Her main piece of advice when selecting a property manager? Do your research – analyse client reviews, choose someone who is familiar with the local area, ask potential agents about their processes, ensure gees are clearly communicated and you are aware of what terms you’re agreeing to.
View the full article here.
Want to build your personal brand? Explore your options with Taurus Profile™ today!