Bexley/Beverly Hills
Using a local property manager can feel somewhat similar to dealing with a friend. Just knowing that this person understands the important aspects that relate to the property market within your area can make you feel more comfortable about doing business with them. The bonus is you can be confident they’ll understand the local market so you get high-quality tenants at the optimum price.
Here are three great reasons to go local.
Dealing with a local agent can really come down to the fact that you have fewer headaches. Being able to communicate with someone who is readily accessible means that if you have an issue that is causing you concern, you know how and where to contact them easily, even if that means going to their office.
Be aware that legislation demands that any emergencies are attended to immediately. You’ll find a local property manager can organise trades and authorities more quickly, ensuring you remain compliant and your tenant is safe and happy.
Many local property managers are part of the community, having their finger on the pulse. Those of us with many properties under management in the area are out and about during the day. This gives us the opportunity to connect with both tenants, and owners if they live locally. When owners want advice on a new investment property purchase or renovations to their rental, they’re more likely to talk to us first.
As local property managers, we have often lived and worked in the area for many years. We build connections with locals, whether it’s at a local business owners’ catch-up or we’re having coffee with tenants or owners. Clients tend to stick with a property manager they know and trust.
We understand what tenants expect, and help our owners to ensure their properties meet tenant expectations while earning a good return.
As local property managers, we understand our market in depth and can assess the value of each property for rent. We have a thorough knowledge of the market and what the rental market will bear when it comes to setting the rent. There’s a fine line between ‘optimum rent’ and ‘vacant for weeks’. If landlords underprice their property, they could be leaving money on the table. On the other hand, if they set the price above the market, they run the risk of the property being vacant for longer. At Raine & Horne, we help you to make an informed choice about what price you should be asking so you attract high-quality tenants.
If you’d like no-obligation expert advice about your St George region home, please get in touch with our team. We’re here to help.
