What you need to know about switching property managers
- May 1, 2020
Switching property managers isn’t as difficult or as expensive as many may think. There are many misconceptions on when and how you can switch property managers, leading to owners clenching their teeth and bearing through terrible service, counting the days until either their agreement is over or their tenants move out. But this doesn’t have to be the case.
Don’t be stuck with a subpar property manager! If your property manager just isn’t cutting it and not undertaking the responsibilities listed in your agreement, this might be your calling to consider switching. After all, it’s a two-way street and there’s no reason to pay a portion of your rental income for poor service right?
These are some of the most common misconceptions amongst property owners:
- I have to wait until the tenancy is up before switching property managers
- It will bring a massive change and disruption to my tenant
- I will have to find new tenants for my property
- A new lease will have to be signed by my tenants
You can change property managers whenever you’re ready, with minimal disruption to both you and your tenants. If you’re worried that you’ll be causing inconvenience to your tenants, fret not. The Agency Agreement only ends the relationship between you and your current property manager, the relation between you and your tenant will still be going strong. So you can rest assured that everything will remain the same, just with a much better property manager.
Many agencies usually have a notice period for ending an agreement that can range from 30-90 days depending on the state that you’re in. By choosing :Different as your new property manager, the switching process is made even easier. All you have to do is sign up and input your details, that’s it! We’ll take care of everything moving forward including notifying your agents and handling the transfer. We’ll arrange everything from preparing the paperwork to alerting your tenants of the change to picking up keys. So you can sit back, relax and enjoy a fuss-free switch. :Different offers a new form of property management with a team based approach to ensure lines of communication are always open so that you’ll enjoy your best experience yet.
To make the switch today, call us at 1300 004 746 or email us at firstname.lastname@example.org.
We’re a new kind of property manager, combining the best people and intelligent technology to give you complete peace of mind for just $100/month. You can learn more about us on our website.
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The views, information, or opinions expressed in this blog post are for general information purposes only and should not be relied upon. We have not taken into account specific situations, facts or circumstances, and no part of this blog post constitutes personal financial, legal, or tax advice to you. You should seek tax advice from your accountant, specific to your situation.