Rental property management can be tough to come across, common for highly personalised industries where standards aren’t clearly defined. As a rule of thumb – quality property managers can communicate, inform and stay active on behalf of tenants while remaining positive and professional. There are also however certain expectations that every well-informed landlord should be aware of in order to maintain peace of mind over their property.

What landlords should expect from Rental Property Managers?

  • Four routine inspections per year conducted with a detailed library of evidenced images. Regular reporting is key to keeping your management transparent.
  • A descriptive and detailed ingoing condition report. Depending on the size of the home, upwards of 500 images attached to report and made available to you. Ideally, this is through a digital platform.
  • Strong communication skills, and consistent and quality contact even if there are no problems. Ideally, your property manager can attend to the property in person when needed.
  • A knowledge of up-to-date current rental market within the area, as well as ongoing training to keep current with NSW property legalisation.
  • Attention to detail in overseeing your tenant moves. This becomes important if/when a tenant moves in or out.
  • Online portal access for landlords and tenants, allowing you to log in and oversee daily activity & have required documents at hand.

Quality property management can be difficult to truly assess and quantify, but by keeping in mind this framework of professional industry service you will be able to identify the key traits in your ideal property manager.

If the quality of your property management is an area of concern, find out more about the team at Stockton Grange Real Estate at www.stocktongrange.com.au. Telephone: (02) 9677 1131

Source: Stockton Grange Real Estate

COMPLIMENTARY PROPERTY APPRAISAL WITH STOCKTON GRANGE

Despite lockdowns, the team at Stockton Grange are fully operational and are experiencing high demand for property among our buyers and investors! We’ve introduced cutting-edge methods for marketing and showing your property during lockdown, ensuring that we deliver First Class results for the sale of your property.

A quality property appraisal with Stockton Grange is the first step in getting started if you’re looking to get informed on the value of your property in Sydney.


General Advice Warning

The material on this page and on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this page and on this website is General Advice and does not take into account any person’s particular investment objectives, financial situation and particular needs.

Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this page and on this website are for illustrative purposes only.

Although every effort has been made to verify the accuracy of the information contained on this page and on this website, Chan & Naylor, its officers, representatives, employees, and agents disclaim all liability [except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.

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