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There is a debate for some time regarding whether you will find there’s requirement for home manager to maintain one’s investment property as well as to try it for yourself. There are many arguments for and against and we will explore this further below.

The role of home manager

A property manager might be often considered as a buffer between tenants and landlords. Property managers are hired by Landlords to manage their investment property and ensure the rent has been paid and care has been taken. These managers are hired by landlords to handle a commercial or residential parcel pertaining to some regulations and rules. Tattersalls Real Estate has their Dedicated Asset Management Division that goes past the reach of the local corner real estate property to be sure the investment property is constantly performing for them. A few things that that Tattersalls Real Estate do because of their landlords are:

Advertise properties from the 2 major real estate platforms. Realestate.com.au and Domain.com.au

Extensive tenant screening, criminal background checks, National Tenancy Database checks, Chronological audit from the tenants past rentals and employment.

Manage financial accounts and produce statements

Pay outgoing on behalf with the Landlord

Receive and disburse rent in the audited trust accounts

Complete Quarterly property inspections with photos

Complete random curb side inspections to make certain there aren’t any extra people staying in the home

Source and organise tradespeople for performing repair and maintenance jobs

Ensure all works and notices will be in accordance with NSW legislation.

Property Management

Property Management

The Landlord

Occasionally, tenants contain the ‘Tall Poppy Syndrome’ when it comes to how they see their Landlords and a house manager is the best buffer to cut back this and help to say ‘No’ when needed, as well as to ensure all notice continues to be honored when serving breach notices for failure to spend rent or to ensure care for the home. Managing a couple of properties could be time intensive and expensive and sometimes cause an unproductive way of managing assets. Having to go to open inspections, routine inspections or go to the property every time there’s a repair issue. That’s what the house manager does because of their Landlords, is take all the stress out from the process.

The real difference

The real difference is, Tattersalls Real Estate’s Dedicated Asset Management Division can discover better tenants once we have access to both major property domains which are harmful for someone managing just a couple of properties. Often Landlords is only able to advertise their particular properties on Gumtree etc, which unfortunately receives tenants who’re prone to don’t have any or poor rental history. When hiring Tattersalls, there is a team of specialist, Accounts, Marketing, Repairs and Property Managers with a lot of experience together with street smart and knowledge of legislation.

Our audited trust accounts ensure every cent is taken into account and still provide reports for your requirements if needed, without cost.

All for your competitive fee of just 4.4%, Tattersalls can manage your home and do might know about do best whilst helping you to continue to spend your time as well as on which one does best