How to choose the right prop­erty man­ager for you

Pilbara News - - Property - David Airey

■ In­vest­ing in prop­erty is a wise de­ci­sion but a big re­spon­si­bil­ity, so it’s im­por­tant to make sure your prop­erty is man­aged by a pro­fes­sional.

Choos­ing to use a Real Es­tate In­sti­tute of WA prop­erty man­ager to look af­ter your rental prop­erty will en­sure all the daily tasks of man­ag­ing your in­vest­ment are taken care of.

A prop­erty man­ager is an em­ployee of an agent who is reg­is­tered to con­duct prop­erty man­age­ment func­tions, though this gen­er­ally does not in­clude sales trans­ac­tions.

Your prop­erty man­ager will: ■ Ad­ver­tise for and se­lect a ten­ant. ■ Ne­go­ti­ate rents and pre­pare lease agree­ments. ■ Col­lect rent and other costs. ■ Lodge bonds. ■ In­form you of any re­quired re­pairs. ■ Con­duct in­spec­tions. ■ Ne­go­ti­ate rent re­views. ■ Li­aise with ten­ants. ■ Con­trol the ter­mi­na­tion of a ten­ancy.

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