PROPERTY MANAGER fact sheet

Selecting the right property manager can play a fundamental role in the process of owning an investment property. Choosing an agency can be challenging if you have never owned an investment property before – that’s why it’s important to find someone who is responsible,trustworthy and experienced.

Future Assist is committed to guiding you through this processand has created this list of 10 things to look for when ensuring you have the right agent so you can feel confident in their management.

property managerfor you

how to find the right

DO YOUR RESEARCHVerify the agency and property manager online, read reviews.

IS THE AGENCY WILLING TO NEGOTIATE TERMS OF THE AGREEMENTReduce fees or waitings costs of additional services?

DOES THE PROPERTY MANAGER HAVE A GOOD KNOWLEDGE OF THE AREA AND THE CURRENT RENTAL MARKETThey should provide professional guidance on what rent to achieve and expected vacancy period.

DOES THE AGENCY HAVE A DECIDED PROPERTY MANAGEMENT DEPARTMENTHow many staff will be looking after your property?

DOES THE AGENCY CONDUCT REGULAR OPEN HOMES, INSPECTIONS AND PROVIDE DETAILED FEEDBACK AFTER VIEWINGS?

DOES THE AGENCY HAVE TRIED AND TESTED SYSTEMS IN PLACE FOR CHECKING PROSPECTIVE TENANTS AND ENSURING PAST HISTORY IS NOT AN ISSUE?

WILL THE PROPERTY MANAGER MAKE INSURANCE CLAIMS ON YOUR BEHALF OR TAKE VACATING ISSUES FURTHER IF NEED BEi.e. Court cases against a problem tenant?

DOES YOUR PROPERTY MANAGER CONDUCT REGULAR ROUTINE INSPECTIONS AND PROVIDE REGULAR UPDATES AS TO THE ONGOING TENANCY?

DOES THE AGENCY USE LICENSED TRADE PEOPLE? WHAT IS THEIR MAINTENANCE PROCESS?

WHAT CAN YOU DO IF YOU ARE UNHAPPY WITH THE LEVEL OF SERVICE PROVIDED?Know your rights as an owner and how you can go about changing agents easily if necessary.

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Suit 602, Level 6, 213 Miller StreetNorth Sydney NSW 2060

futureassist.com.au1300 118 618

ABN 24 151 337843 AFSL No 413674

General Advice WarningThe information contained in this document is not intended to be advice, it is for information purposes only. Where any part of this document is construed to be advice it is General Advice only. It has been prepared without taking into account any individual’s objectives, financial situation or needs. Before any person acts on any information in this document they should consider the appropriateness of the information, having regard to their objectives, financial situation and needs. Before making any decision about whether to acquire a product individuals should seek professional advice from their licensed adviser.