The question of whether a landlord should self-manage or hire a professional property manager is always a big decision for property investors. Given there are many first-time investor landlords in the market, property managers are being asked to prove their value more than ever. One of the biggest concerns for new landlords (and tenants) is…
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No matter what side of the property fence you sit, first-home buyers, investors and short and long-term renters are all potentially affected by shifts in the Sydney rental market. Back in April this year, the inner Sydney vacancy rate was falling as people returned to the city for work and study, which created a surge in demand…
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As your property manager, we want you to maximise your rental return. Ensuring your investment property is cleaned, maintained and well-presented for inspections, all pay dividends when it comes to fetching the highest rent possible and securing a great tenant. To make the process easier, we’ve compiled a checklist of items to help you get…
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Like any product new to the market, when finding tenants for your investment property you need to know what you are offering, who your ideal customer is, and how you want to package your offering? Having a clear plan of action – a marketing strategy – will help to promote your investment property through the…
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Everyone has heard nightmarish tales of bad landlords. But what about nightmare tenants? Today, there are more people renting for longer periods than ever before. As property prices continue to rise, fewer people can afford to buy, which creates a large pool of long-term renters. With more people renting for longer periods, it’s inevitable that landlords and…
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Retaining property management clients is not easy. Having the right resources and processes can help you build and maximise your property management portfolio. I get asked on a regular basis how do we retain our Property Management clients. I see the biggest problem being not enough time spent on focusing on the rent roll that is…
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Acquiring new listings is important for every property management business. How do you present your service when listing a new property? Try not to focus on getting the listing when in front of your client. Think about positioning yourself in relation to your competition. And consider these three things when you’re next acquiring new listings:…
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Property Management is an intricate area that needs the right staff and relevant industry expertise to maximise the company’s growth. Staff in any real estate agency will ultimately reflect the type of business you are running. So getting the team right is critical. First Impressions Last: How does your reception rate? Reception is the…
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