No Broker. Yes, Property Manager!

NO BROKER. Yes, PROPERTY MANAGER!!

No Broker but Property Managers is defined as the essential body of Property Management Company. 

Renters Market has been old school, fragmented, unorganised and monotonous market since its advent. Don’t get us wrong, the network of brokers is our core strength and they have been of immense help in making us grow. The real issue is the monotonous approach, the fact that market leaders refuse to understand the importance of property management in this modern era. Though we are living in the digital age, there are no major changes made in this sector. Every little thing that you purchase whether it be a product or a service has after sales service attached to it. The kind of impetus given to branding these days, most companies make it a point to emphasise of how good they're after sales service is. Having said that, Real estate renter’s market craves for after sale services, for this fluctuating, full of hassle, stressful and untapped market for post occupancy services. 

• Finding a tenant is not a big deal, finding a worthy one is;

• Buying a property is not stressful, maintaining it is; 

• Visits by prospective tenants are not difficult to handle, being present physically on demand is; 

• coordination is not time-consuming, executing the plan of action is;

Who would want to invest their hard earned money, the amount of which involves so many zeros that in itself is an optical illusion, would come back and bite you in the ASS!!

The majority of the investors (investment apartments) shy away from the idea of getting a return on investment through apartment rentals and mind you, we are talking about a good chunk of money. Now the MYTH doing rounds is how investors are not bothered about their properties and it makes absolutely no difference to them if they lose out on a couple of years rent and how a two figure crore is just tip of the iceberg of the huge ocean of “no returning” investment. Something just does not sound right about the whole idea, after all the term investment is meant for a reason, RETURNS, yes returns. Real estate is an investment that is always appreciating, no doubt, the value of the asset will be much more in half a decade than it is now, almost positive, but, would it hurt to have an asset and investment that appreciates with time and give you immediate returns, immediate cash flow and in turn maintain the property?!? HELL NO! It’s an icing on the cake and an understatement to say a really delicious one.

The orientation of the renter’s market has been very money driven and honestly with the kind of competition we don’t blame them. Earning money is what we all are here for but, how do we measure the worth of the services provided? There is no official unit to measure the quality of service and hence, people are in love with the idea of how well they are treated after currency has changed hands.

The major issue of brokerage, end up paying high brokerage without having the benefit after sales services. Most of the time agent not having well-furnished knowledge on the current property market, they simply concentrate on brokerage and wind up providing no services in future. Broker never steps into property issues, so they really don’t bother what happens later once the property is occupied by a tenant. Majority time’s renters are contingent on the agent and having blind trust due to which they leasing an apartment, without giving a second thought. Without knowing, how broker services would be. First of all, the broker is the very small segment of real estate who are not technically updated, hence they lack behind on digital knowledge as per generation. Since we are heading towards the digital world, we expect each and every market digitalized. Wherein broker services are not completely digitalized. Hence we don't find the platform to jot down customer experience with respective property broker. Therefore there are no documents online related to brokers… Many brokers are not well organised to manage properties. So It becomes risky to work with, STEP IN PROPERTY MANAGER.......   

Become smart property owner or tenant and invest your money in the right gateway to avail whole property management services concept on and avoid stress. Property managers are not a broker but the property management company, who services your property in right manner. They are highly trained, qualified with good knowledge on the current property market. Property Managers are always 100 times better option to rely on. They are always on the toe to resolve your property issue. They do not charge you the grand but small amount of service fee and which nobody mind paying out of their pocket if the service is worth coming out of one roof. Following program is taken care by property managers:

•        From finding right tenant

•        Doing background check on tenant

•        Making sure that property is in right hand

•        Looking after property maintenance and interior

•        Taking care of society challenges and difficulties

•        Solving property legal matter

•        Paying utility bill on time

•        Crediting rent income to your respective account

•        Monthly check on your property status

•        Providing profit & loss statement

•        Registering property on top property portals

•        Checking on current property value in the market

•        Property tax coordination etc….

All above services are provided by Property Management Company. To avoid unfavourable property circumstances property managers are the best choice instead property broker. Hire property manager to continue receiving after sale services.