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There is a huge debate for quite a while regarding whether there exists a need for a home manager to look after one’s investment property or do it yourself. There are many arguments for and against and we will explore this further below.

The role of a home manager

A property manager might be regarded as a buffer between tenants and landlords. Holiday accommodation for large group in Blue Mountains are hired by Landlords to handle their investment property and be sure how the rent is being paid and care will be taken. These managers are hired by landlords to control an industrial or residential parcel pertaining to some regulations and rules. Tattersalls Real Estate has their Dedicated Asset Management Division that surpasses the reach of an local corner real-estate to be sure the investment property is constantly performing for them. A few things that that Tattersalls Real Estate do for his or her 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 in the tenants past rentals and employment.

Manage financial accounts and create statements

Pay outgoing on behalf in the Landlord

Receive and disburse rent in the audited trust accounts

Complete Quarterly property inspections with photos

Complete random curb side inspections to ensure there isn’t any extra people residing at the exact property

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’ in terms of that they see their Landlords and a home manager is the perfect buffer to lessen this and help to state ‘No’ when needed, or to ensure all notice may be honored when serving breach notices for failure to spend rent in order to ensure care for the home. Managing one or two properties might be frustrating and expensive and sometimes cause an unproductive means of managing assets. Having to visit open inspections, routine inspections or go to the home each time you will find there’s repair issue. That’s what the property manager does for Landlords, is take all the stress out with the process.

The real difference

The real difference is, Tattersalls Real Estate’s Dedicated Asset Management Division can find better tenants as we have accessibility to both major real estate domains which are expensive for someone managing just a couple of properties. Often Landlords is only able to advertise their own properties on Gumtree and the like, which unfortunately receives tenants who are very likely to have zero or poor rental history. When hiring Tattersalls, you have a team of specialist, Accounts, Marketing, Repairs and Property Managers all with years of experience in addition to street smart and knowledge of legislation.

Our audited trust accounts ensure every cent is included and supply reports to you personally when needed, without cost.

All for that competitive fee of just 4.4%, Tattersalls can manage your property and do what we should do best whilst letting you still spend your time and energy about what one does best