Good tenants expect prompt and pro-active action as soon as problems arise. The unpredictability of such issues often means that even the most organised property investors to their limits.
We all consider ourselves to be level-headed and pragmatic, but balancing the demands of maintenance issues with a professional and consistent approach in dealing with tenants is a real challenge.
Marsh & Parsons offers two very different strands of service; our Property Management Service is all encompassing and deals with all tenant contact as well as property maintenance. Our Tenancy Management offering is for experienced landlords who are prepared to invest their time to manage the tenancy directly. Take a look at how our services compare:
Don’t just take our word for it, here are five reasons why investing in a property management service can be worth its weight in gold!
1. We’ll take the strain
Take a moment to consider how you would react in these scenarios:
- Daily calls from your tenant?
- Evening and weekend emergencies?
- Interrupted family holidays?
- Unreliable and unknown contractors?
- Disgruntled neighbours?
- Lengthy and time consuming email contact?
- Unsure of where to draw the line with requests?
- Tricky deposit negotiations?
2. Trusted partners put time back on your side
No tenant wants to take the morning off to wait around for a plumber. And if they won’t, you’ll have to. Utilities companies are no better. They won’t commit to a specific time and don’t have a key, so you’re back to relying on your tenant, or you, taking time off to wait for them.
When we manage a property, we’ll liaise with your tenants and arrange for our carefully vetted tradespeople to collect keys from our office and carry out the work to the highest standard, before returning the keys back to our office the same day.
3. Knowledge of legislations and laws
The government is constantly updating and introducing regulations that affect Landlords. Keeping compliant can be time-consuming, overwhelming, and costly if a regulation is missed. It’s a property manager’s business to stay in the know, so you can relax with the peace of mind that your property is well looked after and compliant.
4. Increased tenant retention
Property managers are experts at keeping tenants happy by being responsive, available and taking care of problems as they arise. These tenants are more likely to renew tenancies, meaning less void periods and no new tenancy costs.
5. Peace of mind will become routine
We’ll visit the property to carry out routine inspections on your behalf, and you’ll receive a full report featuring photographs, to ensure tenants are looking after the property, investigate and arrange for minor issues to be addressed, before small problems become big (and expensive) ones.
If you’re considering a professional management service for your property and would like to speak to someone about the service, call us on 020 8846 2350 or contact us here.
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