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7 ways a property manager saves you money Home Property Agents blog banner

7 ways a property manager saves you money

Posted in Property Management on October 20, 2021 by Anthony Somlai

With nearly thirty years of experience selling and managing properties on the Lower North Shore and beyond, we know from experience that for most investors a property manager is essential. Here are 7 things you can expect if you choose us to manage your property.

1. We will advertise your property to a wide pool of potential tenants

As property managers, we know how to put your property out there so it gets noticed. As well as advertising across the main real estate portals, our website features all of our current rental properties, with attractive, professional photographs, if you wish, and detailed listings

2. We will advise you on the current rental market

We have the local market knowledge to set a rental price with confidence. This can be a tricky balance – undervalue the property and you are losing rental income, but if you set your price too high you risk the property standing empty for weeks or your tenants moving on quickly to something more affordable. We monitor rental trends, which can move quickly across the lower north shore, and our in-depth knowledge of the market means you can be assured that your investment is generating as much income as possible.

3. We will find you the right tenants

Finding reliable tenants is essential, and the best way to earn money from your investment. Unreliable tenants can cause damage, stop paying rent or leave the property unexpectedly without ending their agreement, which means both a loss of rental income and money spent on repairs. Our experienced team knows what to look for in a tenant. We will quickly weed out unreliable applicants and find you the most suitable people for your property. This includes a thorough vetting process and a clear contract, which minimises the chances of things going wrong.

4. We have access to the best tradespeople

Thirty years of managing real estate have given us a pool of excellent tradespeople to call on when needed. We can also advise you on preparing a property for the rental market, and put you in touch with our trusted team. When you need work done on your property, we know the right people to call.

5. We conduct regular inspections and timely maintenance

At Home Property Agents we look after all our properties as if they were our own. This means conducting regular inspections and liaising with tenants about any issues that arise. In our experience, tenants who feel looked after will take better care of properties and stay longer, which protects your investment, gives you a steady income, and leaves you free to get on with other things. We also find that regular inspections are essential for identifying small problems before they become bigger, more expensive ones – when it comes to property management, preventative maintenance is always worth prioritising.

6. We will keep your property tenanted

We hate to see empty properties and always put all our efforts into getting them tenanted as quickly as possible, leveraging our database of contacts and wide reach across real estate websites and our own internet presence.

7. We can sell your property when the time is right

When you are ready to sell we can advise you on the best approach. You don’t need to find an agent because our Sales team is already familiar with your home and understands its value. We will communicate with your tenants through the sales process and work with you to get your house on the market and sold.

HPA has successfully managed properties for local, interstate and overseas clients for years, and the wonderful testimonials on our website reflect our expertise and reputation. If you are looking for property management on the lower north shore, please contact us today.

Tags: CremorneHow do property managers save money?Investment PropertyLower North ShoreMosmanNeutral BayProperty ManagerWhat are the strengths of a property manager?
About Author

Anthony Somlai

As a Real Estate Agent in a long-established boutique property investor focused agency, I have been successfully leasing and selling homes for more than a decade. Home Property Agents specialises in residential apartment sales in Sydney’s Lower North Shore, but we also buy, sell, lease and manage investment properties all over Sydney.

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