The cost of the administrator is one of the largest expenses that neighborhood properties and communities face, but also one of the most profitable if the latter carries out their tasks with professionalism and capacity. Therefore, we propose this test with which to discover if in your community you have a good administrator of your property.
And is that a good administrator of properties must meet the following criteria:
It takes care of everything: meets the needs, manages and solves the problems of the community avoiding concerns to the President and the rest of the community owners
It is part of a qualified team of professionals that operate in various fields: lawyers, economists, architects, who are all able to meet and resolve any need of the communities of owners that it manages.
Attend and solve the problems of the community immediately: respond to the needs of the owners 24 hours a day and 365 days a year. Property managers Auckland will be able to fulfill all of your property needs all of the time.
Keep the accounts up to date and in a completely transparent way: submit periodic financial reports, budgets, and annual settlements to inform neighbors and help them make decisions
Manage the funds allocated to the administration of the properties through an independent bank account in the name of the community or company.
Reduce community spending by negotiating rates with existing suppliers in the market: professional management of the network of suppliers can save up a significant portion of company and community expenses.
Get financing and/or grants to deal with remodeling or improvement of the properties, especially if these properties occupy public space.
It generates extra income for the property: it proposes new ways to obtain money to face unforeseen expenses, for example, through advertisements on the facades that need remodeling or fixing.
Manages the payment of the debts of delinquent tenants and neighbors: informs the community of the owners that do not pay the fee and claims the payment of the debt through a specialized team of lawyers and solicitors
Care about the quality of the service: periodically evaluates the activity of the suppliers and the result of the work in case of improvement works and major repairs. Property managers should be able to try and work towards fixing any issues there are on the property.
These are all of the criteria that you should look for when assessing your current property manager. Remember, you will only ever get all of the benefits of working with a property manager as long as you have hired on in the first place. So try and screen your property managers according to the criteria that are set out in this article.
And if you want to hire someone who meets all of these criteria, then you should look for and hire property managers Auckland. This is because you will be able to get the most value for the money that you pay for their services. And you will definitely not be disappointed with how the administer your property.