Monday, January 26, 2009

THE PROPERTY MANAGER'S ROLE IN CHANGING TENANCIES

One of the primary roles in a property manager's job is to oversee the changing of tenancies.

A property manager needs to be alert to the need to reduce tenant turnaround time; in other words to reduce the amount of time that a tenanted property is vacant.

Another primary task of the property manager is to make sure the property is adequately cleaned by the vacating tenant and that it is satisfactorily prepared to receive a new tenant.

When tenant changeovers do occur it can present an opportunity to do deferred maintenance such as painting as well as doing a thorough clean. You always want your property to be well maintained and well presented in the marketplace.

As property manages, we also need to verify that all correct keys are returned and to do a vacating inspection on behalf of the landlord. One of our jobs is to compare the Entry Condition Report with the state of the property upon vacating to make sure the property is brought back to its original condition.

We look to see that it's clean and without damage or excessive wear and tear. We also check to see the fixtures are in place and everything is working and that the gardens are tidy and lawns mowed.

If anything needs rectifying we oversee this as well as doing a final inspection for the purpose of arranging the return of the tenant's bond.

If you have a property management need or query feel free to phone our property management department on 3299 7733 or call into our office at Waterford for immediate assistance.

http://www.llr.com.au/

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