Are you getting what you pay for?
- Posted By Courtney Simpson
This question couldn’t be more important, when considering the professional property management you employ for your investment.
We recently had a conversation with some friends who are renting a home in Lake Macquarie. With no rental history (as previous home owners), they had little to offer by way of evidence to support the fact they would care for the home. As expected by the landlord, and were correctly advised by the agent, that there would be quarterly inspections of the property. This is a fundamental part of caring for a clients property, after all, it is what you pay for as a landlord and the very least you should expect.
12 months in, these guys get their first notice of an inspection, that is 1 inspection in the first 12 months instead of 4! What happened to the first 3? A year has passed and no one has even looked at your investment asset. This is a long time for a property to deteriorate due to a bad tenant. Is this landlord getting what they paid for? What else is this agent promising and failing to deliver?
The reality is, this is not an isolated incident. We have a small portfolio of landlords. Most of which have come from referrals as a result of some agents failing to deliver as promised. Some have almost given up on property investment due to the treatment of their managing agents. Failing to conduct regular inspections and failing to keep a rental property in good conditions with great tenants is the name of the game, if agents aren’t providing you with that basic service what are they doing for the money you pay them?
A property investment is likely the biggest investment you will ever make. Most landlords aren’t high fliers, they are mums and dads, or young people having a crack. This is a major investment with an expectation that one day it will pay off! To make the most of a property investment , the property needs to be cared for consistently. Often promised and rarely delivered.
Courtney and Josh at JCS Real Estate are home owners, property investors and real estate professionals who know how to exceed your expectations in property management. Look at our testimonials, speak to our landlords and see the difference we can make for you.
We understand people don’t have the time and want to avoid conflict so we do everything for you. Making the move to JCS Real Estate is simple;
Call Courtney and Discuss your property investment ✅
Provide us with your current agency agreement ✅
Sign a transfer agency form ✅
All documents can be sent/signed electronically ✅
Relax, knowing you investment is in the best hands in the business ✅
We do everything that is required -
- We will contact your current agency and collect all documentation and keys;
- We notify the tenant;
- We conduct an inspection of the property and provide you with a detailed report, including photographs;
- We transfer all bills - water/council/annual smoke alarm etc;
- We disburse rental income to you monthly or bi-monthly.
It’s a seamless transition for Courtney at JCS Real Estate to take control and take care of your investment property. Give us a call today on 0402 337 577 or email [email protected].