How to choose the right property manager for you
■ 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.