All Topics / Help Needed! / Bad property mananger !

Viewing 11 posts - 1 through 11 (of 11 total)
  • Profile photo of westnbluewestnblue
    Participant
    @westnblue
    Join Date: 2013
    Post Count: 35

    I'm looking for a new property manager in MIlton QLD area for my unit. Can anyone offer any good suggestions??

    My current manager has left the property vacant for over 8 weeks with zero feedback and avoids my calls (always out of the office, on leave or gone home – at 1pm)

    You would think property managers would have more respect for their clients, I mean seriously !

    Profile photo of ducksterduckster
    Participant
    @duckster
    Join Date: 2004
    Post Count: 1,674

    It happens . I walked over to another property manager/ real estate agent  and asked them to take over the rental when it happened to me. Then the bad manager's real estate office owner calls me to ask why I did not call them which I replied I called on several occasions and was promised a call back which never occurred.

    An agent that manages a large portfolio of rentals has it is in their interest to look after rental owners rather than a real estate agent that does some rentals and relies more on sellers and buyers for their lively hood. This is how I found my excellent real estate property manager.

    Profile photo of vagirl2012vagirl2012
    Participant
    @vagirl2012
    Join Date: 2012
    Post Count: 47

    Yep unfortunately it happens all the time.  Best to find yourself a dedicated property manager as opposed to a real estate agent (which is what you're trying to do obviously).

    Profile photo of RedwoodRedwood
    Participant
    @redwood
    Join Date: 2013
    Post Count: 340

    Is there a Run Property in the area? I use them in Melbourne for 2 of my properties and generally very good.

    Redwood | REDWOOD | SMSF | PROPERTY | FINANCE
    http://redwoodadvisory.com.au
    Email Me | Phone Me

    SMSF - PROPERTY INVESTMENT - WEALTH CREATION AND FINANCE SOLUTIONS

    Profile photo of GizzyGizzy
    Participant
    @gizzy
    Join Date: 2013
    Post Count: 26

    Hi everyone as I am just learning could someone please explain the difference between a real estate agent that should be managing your property and a Property Manager .  Should they not being doing the same job ??

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,069

    Hiya Gizzy

    A real estate agent sells property. A property manager looks after your rental. So they're two different roles.

    However, a lot of real estate agencies have divisions devoted to property management.

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of Scott No MatesScott No Mates
    Participant
    @scott-no-mates
    Join Date: 2005
    Post Count: 3,850

    Whether you are an (sales) agent or a property manager, the licensing requirements are exactly the same.

    Profile photo of Colin RiceColin Rice
    Participant
    @fms
    Join Date: 2011
    Post Count: 338

    Many PMs are overworked and underpaid and under appreciated which usually results in a high IDC factor. 

    Colin Rice | CDR Finance
    http://cdrfinance.com.au/
    Email Me | Phone Me

    Perth Based Mortgage Broker - Investment Property Finance Specialist | E: [email protected]

    Profile photo of GizzyGizzy
    Participant
    @gizzy
    Join Date: 2013
    Post Count: 26

    Thank you ,

    That's what I thought the property Manager works at the real estate agents … I have heard you can get bad ones …

    Cheer

    Profile photo of ScottM89ScottM89
    Participant
    @scottm89
    Join Date: 2010
    Post Count: 9

    Both my parents and myself use Run Property in Toowong, on Milton Rd.

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,018

    Having been in real estate for 20 years it is the reason i employ my own personal Property Manager rather use a property agents employed by a real estate agent.

    In saying that haven't heard wrong with Run so give Scott's parents a go.

    Cheers

    Yours in Finance

    Richard Taylor | Mortgage Broker helping investors build their wealth thru property
    http://www.mortgagecapitalaustralia.com.au
    Email Me | Phone Me

    0-40 Properties in a decade with a unencumbered portfolio value in excess of $40M. Ask me for a copy of my API Interview.

Viewing 11 posts - 1 through 11 (of 11 total)

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