What are the benefits of engaging a property manager ?
There are many advantages in engaging a professional to manage your property. The main one is peace of mind – knowing your investment will be managed professionally. A managing agent knows the market and ensures the maximum return on your investment. In using a managing agent you will avoid direct confrontation with the tenant and, should there be a need for representation before the Residential Tenancies Tribunal, your managing agent is able to act on your behalf. Managing agents have a thorough understanding of the Residential Tenancies Act, the Retail Tenancies Act and the Strata Schemes Management Act. Their skill and expertise will reduce the risk of non-compliance with these Acts and save you from facing the possibility of severe financial penalties through non-compliance.
