There is an epidemic invading our society today. It is one that is hard for most people to recognise and diagnose.
Sometimes property managers can be their own worst enemies!
Many property managers are professional and effective in what they do but some are just plain bad and have many detrimental habits that make it hard, not just for them but also for their tenants, landlords and others they work with.
Having been a property investor now for a while with two properties, it’s very interesting to be on ‘the other side of the fence’.
With over 15 years experience ‘on the front-line’, and over 8 years as a trainer and consultant to the property management industry, it was time to get involved in property investment as well.
I believe in using audio instead of reading because all we do is simply listen to audio teaching in the car between appointments- it’s a good duplication of time, and time we can afford to give!
We can all fall victim to procrastination. It’s simply the deliberate delaying of something that we don’t want to do. Sometimes it is fear of someone’s negative reaction or perhaps fear of failing at a task and sometimes it is simply that we just do not enjoy that task one little bit! No matter what the reason, we still have to do it!
Staying productive throughout your workday isn’t something that most property managers can do. Some are really good at being busy – but not at being productive.
Most business owners each month simply look at 2 things- total property numbers on the portfolio and total fee income received. That’s about it!
Property management needs more attention than that!
So far we’ve discussed what to say when a new prospective owner challenges you about your Letting Fee, and also what to say in a letter out to current owners explaining the legislative changes and why you need to charge them the Letting Fee after the legislative change occurs.
There will be TWO TYPES of Agents come the Letting Fee legislation change.