Imagine entrusting your biggest asset to a property manager only to discover a series of shocking oversights and neglect.
We unravel the management nightmare of property 'B' and the lessons it holds for every property owner.
Let's explore the consequences of poor management and shed light on the transformative impact of proactive property management. Get ready to take charge of your investment and ensure that your property thrives under the care of a reliable and dedicated team.
The Alarming Discovery
When we took the reins of property 'B' from agent 'X', we were in for a shocking discovery. Digging into the property file, we discovered a trail of missing paperwork, unfulfilled obligations, and a complete disregard for essential property management tasks.
It was a wake-up call to the gravity of neglect and the importance of a diligent approach to safeguarding your 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' offered no substantial reasons for failing to carry out their duties diligently. They simply chalked it up to "dropping the ball," leaving property owners high and dry.
Getting back on track
Taking immediate action, we launched an intensive effort to restore order and get the management of the property back on track. We scheduled long-overdue routine inspections, swiftly organised mandatory safety checks for gas, electrical systems, and smoke alarms, and addressed pressing maintenance concerns. Collaborating with the rental provider, we 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!
Building a Better Future
At KR Peters Real Estate Wantirna South, we relentlessly pursue excellence, employing stringent processes and unwavering dedication to ensure every property we manage meets a high standard of care and due diligence. Here to support both the rental providers and tenants of our Wantirna and Wantirna South community, We believe in transparency, regular communication, and a proactive approach to property management. Your investment deserves nothing less.
The saga of property 'B' serves as a compelling reminder of the power of proactive property management. By choosing a reliable, knowledgeable, and dedicated property management team (Like KR Peters Real Estate Wantirna South!) to oversee your property, you can protect your investment, enhance its value, and experience a stress-free rental real estate journey. Don't let neglect define your property's fate.
Partner with KR Peters Real Estate Wantirna and experience the difference that superior property management can make. Your property deserves the very best.