Everything’s looking excellent with your property. Tenant funds are paid like clockwork into your account, you barely ever hear from your property manager with any concerns, and any small maintenance issues are fixed quickly and inexpensively.

The maintenance of your investment property is clearly a breeze; so much so that when a competing agency’s property manager calls you and quotes a substantially cheaper monthly fee, you’re tempted to move. After all, property managers all do the same thing – right? Wrong! 

 

Like a duck gliding upon the water yet paddling furiously below, seemingly-effortless property management is the result of hard-worn skills and internal systems developed to protect you and your property. 

 

Collecting rent is only one element of the property manager’s role – the other (more complex elements) involve robust understanding of local legislation, difficult conversations with tenants and tradespeople, selecting and vetting ideal tenants and the know-how and inclination to accurately and rigorously document your property’s state as it goes from tenant to tenant. Still waters run deep … so next time you’re tempted by a low fee competing agency – consider if you’re investing in false economy. 

 

Poor (and cheap) property management can end up being very expensive in the long run – making any small weekly savings from a lower service fee negligible.