Property Management

Primary duties of property managers
11-06-2021 |

A Property Manager helps safeguard your investment.

They are responsible for finding a suitable and trustworthy tenant, and also managing the lease on a day-to-day basis to ensure your property is looked after. Below is a list of some of their primary duties:

  • Advertise your property for lease, conduct inspections
  • Process applications and conduct necessary checks
  • Lodge and collect bond payments
  • Prepare a tenancy agreement
  • Negotiate and collect an appropriate rent
  • Carry out regular inspections
  • Arrange for repairs and/or maintenance
  • Provide relevant notices and financial statements to the landlord
  • Pay council rates and taxes (from the rent)
  • Issue termination notices to difficult tenants

 

Source: whichrealestateagent.com.au/property-management/