5 Things About Property Management That You May Not Know

25/08/2020
  1. In New Zealand, you don’t need any qualifications to become a property manager. Although, there is a property management paper that you can study to up skill and in future this will be mandatory. Other qualifications, such as papers in real estate or business can also be helpful in property management but are not essential.
  2. How much time is spent out of office hours doing property management. Property management is around the clock. We communicate with owners world wide so there are time differences, enquiries about properties all hours of the day, urgent maintenance call outs etc. Please be mindful if we don’t respond straight away as chances are you won’t be the only person trying to contact us.
  3. There are different ways to maximise rent other than market gains. This can be as simple as offering a chattel or a service to a tenant such as lawn mowing or providing a mower. Cosmetically improving the appearance of the property can also contribute towards maximising rent. This may be a fresh coat of paint or new carpet throughout. Small changes can make a big difference.
  4. The process of organising maintenance. When we are asked to organise maintenance by both owners and tenants it can be a difficult process. We send work orders to our suppliers as soon as we can and from there it is out of our control when the job is completed. Asking for quotes can also take longer as the quote then needs to be approved before the work can go ahead. When work is urgent we try our best to get it organised and completed for you ASAP.
  5. Behind the scenes of rentals. When rentals become available both tenanted and untenanted there is a lot that goes on behind the scenes. From advertising, arranging viewings, responding to every enquiry, doing the necessary checks on tenants etc. This can also result in a lot of time wasted when people enquire for viewings but don’t turn up. Please we ask that if you have enquired about a viewing but are no longer interested, let us know.

Go To Online Resources For Property Management

18/08/2020

For both tenants and owners, there are a number of online resources available to answer any of your rental questions.

Tenancy Services- www.tenancy.govt.nz is the number one online resource for both owners and tenants in New Zealand. Most questions have been covered on their website regarding tenancies through to disputes. You can also find any forms required such as bond forms or template tenancy agreements. If you cannot find the answer to your question on their website they are also available via phone or email.

Landlords for Kiwi Property Investors- landlords.co.nz covers all things relating to real estate and property management in New Zealand. It is a good online resource for owners, to get information on law changes, insurance or market updates.

Consumer NZ- when searching tenancy on consumer.org.nz they have a number of articles around tenancy rights when renting, landlord expectations and regulations etc. This website could be helpful for both owners and tenants.

If for any reason, none of the above resources are helpful feel free to give us a call and we will do our best to answer any questions you may have!

Everything You Need To Know About Property Management

11/08/2020

The who, what, when and why’s of Property Management.

Who can be a Property Manager?

Although, there are no specific qualifications required to become a property manager there are some useful ones. These include a certificate in real estate, certificate in residential property management or a bachelors in property. Skills are more important in a property management role to ensure you can communicate with all types of people. Some important skills include honesty, reliability, good listening and writing skills, being able to mediate and negotiate, good organisation and good judgment.

What is a Property Manager/ Property Management?

A property manager is someone that is hired to oversee the day-to-day management of investment properties. Responsibilities include organizing repairs and maintenance, ensuring rent is paid on time, all communication with tenants and routine inspections just to name a few. Property managers act on behalf of the owner to preserve the value of the property while generating income.

When and why is Property Management needed?

Property Management is used when owners are unable to put the time and effort needed into their investment properties. Managing rental properties can be a very time consuming task and some owners have larger portfolios which require more time and attention. Others may be leaving town or the country and cannot simply manage their property(s) themselves.

Exciting News!

04/08/2020

We are now in our new office space at 61 Leet Street. Yes, that’s the same address as before but we are now on the bottom floor at the right end of the building. With the new sign writing you won’t be able to miss us.

If you’re ever in the area or have any property management related questions feel free to come in for a chat!

Street View
Main Office Area
Main Office Area
Tony’s Office