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Isn’t life better when the essentials run smoothly? Imagine a freshly cut lawn and the peace of mind knowing your service charges are expertly managed by a team you trust. If your current property management experience falls short of these expectations, you have the freedom to switch agents.
Landlords, Right to Manage Companies, and Resident Management Companies all have the right to choose a trusted partner. Look for an agent whose values align with yours and who you enjoy collaborating with.
Before making a change, consider these key steps:
Conduct thorough research.
Develop a shortlist of potential agents. While location of the head office is a factor, don’t dismiss qualified companies with regional operations and field-based staff. Many utilize local contractors, ensuring efficient and reliable service for your property.
Evaluating Your Current Position
Take a close look at your existing agreement. Is it meeting your needs? If not, it’s time to notify your current agent. While you’ll need to wait until the end of the notice period before engaging a new agent, you can start preparing for a smooth transition.
Consider the following:
Financial Evaluation
When selecting a new agent, seek a sustainable, trustworthy relationship where transparency is key. Be cautious of agents offering low initial rates only to increase fees later. The management fee is just one part of the service charge. Ensure the agent can demonstrate value through effective insurance renewals, competitive contractor tendering, and solid financial management.
If you are considering changing managing agents and would like more information, please contact, Head of New Business, 07803386131
