There was once a time, probably in our parents’ generation, when investing in a home would have meant a hurried down payment, modest furnishings and immediate occupancy. That was also a time when real estate had limited avenues, and homes were bought for shelter, rather than as investments whose fruits would be reaped several years later. Homes meant a roof over your head. Nothing more, nothing less.
Today, with the real estate market ever-burgeoning with novel projects and properties, customers are spoilt for choice. Homes are tickets to better investments, personal security and a definite peace of mind. More and more people are buying properties as an investment instrument which has led to an increasing demand for property management services.
With the growing number of professionals trading in their hometowns for another city owing to work, managing a property which might be in another city or even another country becomes a challenge. Property management services are ideal partners in managing a property, finding quality tenants and determining a scientifically derived price that suits homeowners. A property manager can help customers manage their property and help them get the returns on their investment without them breaking a sweat. Partnering with a property management service is a convenient, hassle-free option that an increasing number of homeowners are resorting to. Here’s why:
Quality Tenants: Not only do property managers thoroughly screen and verify potential tenants, they also handle the documentation and rent collection process. Unlike one-time brokers, property managers are long-term partners who artfully secure quality tenants quickly and manage their entire life cycle.
Shorter Vacancy Cycles: A lower tenant turnover is the key to ensuring that one’s income stays consistent. Property management agencies have the expertise to ensure that tenant life cycles are elongated, through effective response management and customised services. And should the tenant leave, they make sure that they carefully prepare the space for the next tenant, by undertaking painting, cleaning and any necessary repairs to leave the property sparkling!
Maintenance and Repairs: Maintenance can get exasperating for both the tenant as well as the owner in a rented home. Wear and tear is inevitable, and it seems rather unfair that the tenant or owner should have to get involved. That’s where property managers play an important role. Their expert contractors review the property’s appliances and circuits and restore them to their original condition.
Returns: Property management services bring owners the returns that they deserve. With their marketing web drawn far and wide, they ensure that tenants are sourced as quickly as possible. That, coupled that with their research-based pricing makes for a compelling proposition for homeowners. Owners also have the choice of upgrading their property to a furnished one, to fetch a better rent. And when they finally do decide to go ahead with a property manager, they get a deposit immediately upon signing up.
Personal Security: They can’t guarantee you security in all spheres of life, but they can definitely assure it as far as a managed property is concerned. With a property management service, owners can rest assured that their property is in good hands, regardless of where in the world they are. That leaves them with one less thing to worry about.
Pin Click is a technology enabled real estate advisory platform. Our mission is to simplify home search. People who are looking for flats for sale or on rent or share a PG in Bangalore or Pune, Pin Click Property Specialists help them search and move into their perfect house and that too without any brokerage.
In an industry fraught with trust issues, Pin Click prides itself on its technology, people and process enabled solutions which ensure that everybody in the organisation has a customer first approach.