Property Managers may look keen but behind that facade is a ton of tasks served in their work plate which is pulling them down.
In the property management arena, you wear all the shoes a real estate practitioner can fit in. Name it! From on-boarding new landlords, finding new tenants, adding all the required information to your database, arranging all the forms needed to settle legal matters then, arranging all the paperwork in between.
Plus on top of this, you have your daily tasks for Accounts, Maintenance and Inspections.
Then you have special requests that need to be addressed for landlords’ approval. You're about to call the owner but your phone rings and Viola! I need a plumber ASAP and it needs to be prioritized. You call your normal plumber and he is busy so you hover your mouse through www.yellowpages.com.au but you saw that sparkling red notification bell.
You chose to click it because of the thought it might be urgent and the rest is history.
That’s just a few of the many things that eat up a Property Manager’s whole day’s work. You just found out you have an urgent Ingoing Inspection that needs to be done! But it is conflicting with your previously scheduled Outgoing and set of routines? Your day has just started and you are behind already!
Having supported a lot of start-ups and long-standing real estate companies, here are the major benefits our clients experience with outsourcing this major property management task.
Lesser Phone Calls in the Office
Every second of a Property Manager’s time is scheduled and well-planned. That’s the ideal. But you can’t stop tenants from calling and requesting things. Yes, you could ignore those requests but! You just can’t, because you value everyone just as you value your work.
Spending too much time on revising your schedule, your route and other concerns in between prevents you from being far more productive.
You can avoid these by building your own inspections team who can monitor your portfolio, update you of the next properties for inspections and will be the ones who will notify the tenants. Hence, your outsourced inspections team will be the ones taking care of all the requests. Freeing you up from unexpected phone calls and inspections.
No More Traffic
Building your own inspections team means you don’t have to go to the property physically which prevents you from wasting too much time in traffic. Your inspectors will be the ones who will do the evaluation of the whole property like you do. Your inspectors will then be trusted by your tenants and landlords as they work for you as you and introduce as your company.Your inspectors will give value to your clients the way you give importance to them. Getting your own inspections team leaves you with peace of mind.
Getting rid of Long Reports
Having an outsourced inspections team means you no longer need to spend hours doing condition reports and can read over them when you are ready. As you get to know your inspections team they will get to know you and how you like reports are done which will mean your job gets even easier.
More Time for Other Profit Generating Tasks
Handling the whole inspections area of property management takes up not only your time but also a lot of effort but unfortunately, it has to be done. So if you can outsource it, you are free to do so much more! You can now have more time on developing your business, growing your rent roll and building stronger relationships with your landlords. You can now get more time to talk with your clients plus with a fresher mindset because you just avoided the most exhausting part with ease.
Up-To-Date Inspections Schedules for your Rent Roll
A great portfolio is aligned with all property management KPIs or Key Performance Indicators. One of the tasks always left behind is the routine inspections. Most property management firms take this task as at some point less prioritized ending up with a backlog of numerous routine inspections at the end of the year resulting in unmaintained properties. Having your own outsourced inspections team, you will be able to keep all your inspections updated right at the very exact date that it should be.
Property Managers deserve work-life balance. Delegating and diverting your focus on the more important things can help you grow and can enable you and your current team to reach more heights of success in the real estate world. If you want to grow more, we can definitely support you with that.
Build your own inspections team with us. For enquiries, visit our website www.nationalpropertysystems.com.au or send us a message at email@example.com