If you are a property investor or developer
looking to move into the rental sector then you probably need to know a little
more about property management and whether it is something you should invest
in.
Bristol property managers provide a wide range of
services for your business, including these three main tasks:
1.
Your property manager will help to improve the
quality of your property and prepare it ready for the rental market. They will
probably recommend cosmetic changes to ensure the maximum rental rate can be
charged.
2.
Your property manager will use all their industry
know-how to help determine the best rental rate for your property. They will
use their local Bristol property market knowledge to ensure they can price your
property at a competitive rental rate.
3.
Your property manager will market your property
effectively to enhance its visibility in the market. They will have the
experience to attract the right kind of promotional space for your ad and will
know where to post the advert to get the best results and bring in the right
kind of tenants for your property.
If you’re working with an effective Bristol property
management company then they should also be able to provide a regular
standard of maintenance and support services for your property so your tenants
are content and satisfied to pay their rent on time throughout their stay. Your
management company should be on hand to handle any maintenance issues such as
redecoration, replacing carpets and changing the locks if necessary. The
investment in your chosen property management is more than repaid when you
attract high quality tenants who are more than happy to pay the rental prices
you’re asking for and keep your property in great shape. The issues that arise
from badly maintained properties include everything from non-payment of rent to
falling foul of building regulations and codes so you can be sure these issues
are avoided with a professional partner on your side.
At Mainstay Group
we have built a strong reputation across the UK, including in Bristol, for
providing high quality Residential
Property Management services, including
those which ensure tenant retention is high for all of our clients. We
understand the benefits of long-term tenants and work with our clients to
ensure their properties are suitable for tenants who want to stay put for a
long time. To find out more about our full range of services please contact us
via 0121 630 2220 or email residential@mainstaygroup.co.uk for more
information.
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