Top Five Things You Should Consider Before Putting Your Property into Management

1. Check The Track Record of Your Property Manager.

When selecting a potential property manager ensure they disclose their qualifications and experience as well as their current list of properties. This will give you a good understanding of their track record and the types of properties they specialise in. The property management team at Darcy Jarman is one of the most experienced and skilled within the Geelong region offering an obligation-free call to discuss your situation and requirements.

2. Factor Management Fees into Your Finances

Management fees are the reality of hiring a qualified and skilled property management expert. Ensure that your long-term forecasting and budgets include a fair investment in management fees to ensure your investment is maintained to the highest of levels. Speak to our friendly property management team today to discuss management fees for your particular situation.

3. Determine if You’re Ready to Hand Over Control of Your Assets.

Property managers are usually in charge of everything from rent collection to tenant relocation and most things in between, depending on the property and your individual requirements. This means handing over responsibility of your investment to someone else. Be sure that by working with Darcy Jarman your property is being managed by a skilled, passionate and meticulous team.

4. Have All Contracts and Documentation Ready.

To ensure management of your property is to the highest of standards and legislative requirements, the list of documentation required by a property manager is extensive. The Darcy Jarman property management team can provide you with a list of required documentation and walk you through the collation process.

5. Do You Have a Real Need for a Property Manager?

Do you have a portfolio of properties, some a fair distance from yourself. Maybe you just don’t have the time or the interest to manage each property as your obligation as landlord dictates. If these situations sound familiar, Darcy Jarman’s property management team can be of assistance.