5 Things About Property Management That You May Not Know
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.
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.
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.
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.
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.