Imagine entrusting one of your most valuable assets to a property management agent only to discover a series of shocking oversights and neglect.
We delve into the management nightmare of property 'B' and extract valuable lessons for property owners like you. Discover the consequences of poor management and how to take control of your investment. Learn how to ensure that your property thrives under the expert care of a reliable and dedicated team.
The Alarming Discovery
When we assumed responsibility for property 'B' from agent 'X', we were confronted with a laundry list of shocking oversights and neglect.
Our investigation of the property file revealed a pattern of missing paperwork, unfulfilled obligations, and a complete disregard for essential property management tasks. It served as a powerful wake-up call, emphasising the gravity of neglect and the importance of a diligent approach to safeguarding your valuable asset.
❌ No applications forms
❌ Bond was illegally held
❌ No rental agreement renewal
❌ No rental market assessment
❌ No entry condition inspection
❌ No routine inspections for 2 years!
❌ No safety checks
❌ No Anything!
Unravelling the Mystery of Negligence
Agent 'X' failed to provide substantial reasons for their lack of diligence in carrying out their duties. Their explanation merely amounted to "dropping the ball," leaving property owners in the lurch and out of pocket.
Getting Back on Track
Determined to rectify the situation, we immediately launched a comprehensive effort to restore order and put the management of the property back on the right path.
We promptly scheduled long-overdue routine inspections, swiftly organised mandatory safety checks for gas, electrical systems, and smoke alarms, and addressed pressing maintenance concerns. Collaborating closely with the rental provider, we successfully negotiated a new rental agreement while assessing the market for potential rent adjustments.
✅Routine inspections
✅Completed maintenance
✅Gas, electrical and smoke alarm safety checks
✅Renewed rental agreement
✅Market Assessment
✅Property and paperwork back in order!
Proper Property Management
At KR Peters Real Estate Officer, we are unwavering in our pursuit of excellence. We implement stringent processes and demonstrate unwavering dedication to ensure that every property we manage receives the highest standard of care and due diligence. Transparency, regular communication, and a proactive approach are the cornerstones of our property management philosophy. Your investment deserves nothing less.
The saga of property 'B' is a compelling reminder of the power of proactive property management. By entrusting your property to a reliable, knowledgeable, and dedicated property management team, you can protect your investment, enhance its value, and enjoy a stress-free rental real estate journey.
Don't let neglect define your property's fate. Partner with KR Peters Real Estate Officer and experience the difference that superior property management can make. Your property deserves the very best.