Top 5 Things That Make A Great Property Manager

Investing in property is a significant financial decision. Therefore, appointing the right leasing and property management partner is crucial. A team that provides the best possible insights and on-the-ground intelligence for your investment journey is essential.

You’ll need expertise. Experience. Insights. Technology. Marketing. Legislation knowledge. An eye for trends. Good Tenants. And a head for numbers. If all that sounds time consuming, you’d be right. But it’s also a big part of the reason why Ayre Real Estate exists.

Here are the top 5 things you should be looking for when searching for the perfect property manager.

1. Property Knowledge

For a property manager to effectively represent your property it is essential that they not only understand your property but also know the ins and outs of the local area, the building and strata scheme if its an apartment, and the demographics of the market. A brilliant property manager will be on top the latest lease results, vacancy details and rental rates as well as the most active and qualified tenant candidates and the best way to market your property to attract the widest range of interest.

2. Flexibility

Property management is a role that requires determination, an eye for detail, empathy, flexibility in approach, a little bit of grit and the ability to think quickly and be able to solve problems and negotiate win:win outcomes. The perfect property manager will approach these tasks professionally, politely and proactively and be flexible in their approach.

3. Communication

Good property managers are great communicators. Your property manager will be dealing with many client related matters such as reviewing applications and placing tenants, dealing with rental queries, repairs and potentially urgent feedback. This responsibility requires effective and proactive communication, keeping tenants and owners in the loop of all processes and steps along the way, all while approaching every situation with empathy, attention to detail and with great service.

4. Maintenance

Experienced property managers understand that the ongoing management and upkeep of your properties is paramount to impressing tenants and achieving the best lease results. They will also understand that preventative maintenance may save you a lot of money in unexpected potential future repair costs. A property manager that is dedicated to maintaining and improving the portfolio of properties they manage is a true asset to any investor.

5. Passion

A passionate property manager is someone who is dedicated to improvement, innovation and forging connections. In order for a property investment to be successful it ultimately needs to progress with time and stand out in the market to ensure that tenants are always interested. A property manager who is passionate about their job and the industry as a whole will be devoted to making the success of a property their reality.

We are for apartments.

If you are considering buying or selling your apartment in Sydney city or its surrounds, we would love to help you. Ayre Real Estate are specialists in apartment living and ready to help find your ideal property. Talk with us today to find out more.