Property Management. Surely it can’t be that hard, can it?
An experienced manager can make a world of difference, but landlords often deliberate whether to opt for a fully managed service or not when letting their property, with many deciding to give management a go themselves to see how they get on.
This is fine when everything’s running smoothly (which is most of the time), but what happens if something does go wrong? Unless you have a lot of time on your hands and a plumber/electrician/locksmith etc. on speed-dial, things can very easily spiral out of control and a small matter can quickly become a big issue.
An experienced property manager can save time as well as stress, maintain the relationship between landlord & tenant, ensure the protection of the tenant and minimise possible damage to the property.
Some landlords feel the additional cost of employing a managing agent is less attractive than taking the chance that everything will be fine once a tenant is handed the keys. In many cases, tenancies progress with no problems (and we all want that!) but think of a managing agent like you would an insurance policy, something that you never really see the benefit of until you need it.
But there’s more to it than that. Managing problems when they arise is only part of the job. We think the following points make a compelling argument for investing in property management once the letting has taken place:
If you are thinking of letting your property, or currently have a tenancy in place but feel that a properly managed property would give you peace-of-mind, then feel free to speak to our management team on 020 7477 2177 or contact us