Investors in South Brisbane spend much of their effort and time searching for top investment opportunities. While this is okay, many often ignore the critical role that a property management company can play in increasing and preserving the value of their current properties. The number of property management companies is increasing tremendously as the South Brisbane property market continues to grow stronger. Choosing the right property management South Brisbane company is not as easy as it used to be in the past.
You want a company that’s experienced, trustworthy and organized. But, to find such a company you need to vet your candidates carefully. Here is a guideline to help you choose the right property management South Brisbane company.
Ask for referrals
The best way to find a trustworthy and reputable property management company is by referrals. The local real estate agents can be quite resourceful when it comes to referrals. You can also get names from property owners near you and also from friends and relatives who have invested in your area. How was it working with the property management company? Were they satisfied with their services? What problems did they encounter?
Once you have a short list of property management companies you’re considering, next is to know about them more.
Do an online search
Before you interview your candidates, you should check out their reputation online. Sites such as Yelp and social media platforms like Facebook can give you a good idea of what the company really is. If the company has a website, you can have a read through their testimonials and see what past clients have to say about the company. The Better Business Bureau is also a great place to check if there are any complaints filed against the property manager. You shouldn’t expect to be treated any better from other clients, so it is worth checking the feedback of past clients.
Interview your candidates
Even if you have a rough idea of whom the property manager is, through the online search, it is fundamental to conduct a face-to-face interview. There are several things that you’ll learn through the interview, especially regarding their qualifications and attributes.
So, when you first meet the manager, note the first impression. Is the manager well-spoken, confident and well groomed? Keep in mind that the property manager is going to be representing you in various transactions, so it matter a lot the way they behave, speak and talk.
Next is to take them through the interview. Here are the most important questions you shouldn’t forget to ask:
· Are you licensed and is the license current? Ask to see a copy of the license.
· What kinds of properties do you manage? Commercial or residential?
· Can you provide a list of references?
· How many years have you been working in the real estate industry and specifically in property management?
· Where do you advertise your properties?
· How many properties are you currently looking after?
By the time you are done with the interviews, you should be having a good property management South Brisbane company on your side. Make sure you go the extra mile as the rewards will be great.Read More