Today I turn my attention to property management for the first time.

Having just had a meeting with my property management department, outlining and monitoring just how our new business plan for property management is going, I am excited to report that, in my opinion, this company has one of the best property management teams and divisions in the industry. 

This team of six females and one male aren’t just property managers, they are asset managers looking at every way possible to increase the return for our clients.  Five hundred and fifty properties under management, mainly houses, is no small job.  It is constant, it is unforgiving and it is a profession in its own right. 

Most agencies employ a junior to do the letting, extra receptionist to be a property manager and try to hold it altogether with a qualified senior property manager.  I can only imagine how much this is costing their clients.  Our team, with an average of eight years property management experience each, are all senior or veteran property managers.  Very well trained, highly experienced and efficient.  I know that this means money in the pockets for every one of our clients. 

The selection of the tenant is one of the most important aspects of property management.  An excellent tenant, well vetted and set up correctly, can make the difference between a smooth running investment and a disaster.  Moving the end of the lease to a date that means reletting it at a popular time can put an extra $20 a week on the property and cut down on vacancy periods.

Small increases, regularly, rather than big ones, irregularly, will keep tenants happy and owners happy.  These are just a few examples of the difference between one property manager and another. 

Many people believe it’s about getting the lowest fees, I believe it’s about getting the highest income.  

If you would like to speak to one of our senior property managers about the Forsyth difference, don’t hesitate to contact me, Shanon Campbell or Babette Coutanche from our office. 

Happy hunting!

 

James Snodgrass
Passionate about real estate and an esteemed sales veteran, it is no wonder James Snodgrass is one of the most successful real estate agents on the North Shore. He lives and breathes real estate and his passion shows in everything he does.

Share