Property Management Agents Dublin

Buying a new property or even selling an old one can require a lot of assistance, particularly if you are new to the real estate world. To be sure that you are going about things in the right way, it may be advisable to use the services of an experienced property management agent that will act on your behalf. Finding a buyer for your current property, sourcing suitable properties for buyers, and negotiating on the best price for a property, are all services a property professional can assist you with.

As an owner of a property you may be considering selling or renting. This means that you will be in need of a professional – someone who will be responsible for the essential stages of the process but which you yourself may not have time for. Managing agents are professionals that will give you guidance and provide you with the right advice when needed.

What is a Property Management Agent?

There are different reasons why property owners might hire a property management agent. It may be because of the amount of properties you own. It may be because you feel you don’t have the experience necessary to go through the rental process on your own. It may be because you prefer to have a professional deal with tenants rather than deal with them directly yourself. It may be because you lack the time needed to to juggle the maintenance of more than one property.

These are just some of the reasons you might consider hiring a property management agent. It is important when deciding on which agent or company to hire that you know what kind of services are provided, and what aspects of the property they will be responsible for. Property management agents are mainly appointed by the owner, the head lessee, or the resident’s management company (RMC) of a property to manage that property on their behalf.

Managing property on behalf of the owner happens according to terms which both client and agent will have agreed on previously. Even though the management of the property will be conducted by an agent,  the ultimate authority will always lie with the owner.

What Are the Responsibilities of a Property Management Agent?

The different services that property management agents provide include:

• Advertising your property to potential tenants
• Sourcing suitable tenants for the property to ensure that issues such as late rent payment or damages will not occur
• Viewing the property with potential tenants (something many landlords do not have time for)
• Obtaining references and credit checks for potential tenants
• Providing the owner with information regarding property market updates and the latest safety regulations
• Reaching an agreement with the tenant and making sure that they are satisfied with the arrangement
• Handling any complaints from the tenants and being present for any repair issues
• Collecting rent from the tenants and transferring them to the owner’s bank account
• Carrying out the necessary inspections to make sure that the property is being taken care of
• Providing the tenants with notice about the end of the tenancy period
• Dealing with any legal issues such as evictions, harassment, non-payment, and squatters

Benefits of Property Management Agents

The help, reassurance, and responsibility a property management agent can provide to an owner should not be underestimated. Some of the benefits associated with hiring someone to manage a property on your behalf include:

• They will bring an organised approach to the planning and financial aspects of property management
• They are responsible for many tasks the owner may not have time to do, such as answering the needs of the tenants in relation to repairs, carrying out the necessary inspections, and organising property maintenance and renovation
• It is a property buying agent’s job to manage properties – they are experts in this field and they have years of experience in all related tasks. A professional agent will know the correct steps to follow in all property-related issues
• A property agent will free up the time of the landlord by seeing to all hings related to the property
• They can also provide invaluable advice thanks to their years of experience, in areas such as property laws and the hiring of other professional services needed for the property

Things to Consider When Hiring a Property Management Agent

Choosing an agent is an important decision to be made. It is essential that when entrusting a company with such a huge responsibility that you feel confidant and comfortable with who you have chosen to manage your property on your behalf. Why not contact Eldron with your enquiries and you can see if we are the best fit for your property needs.

Property management agents can be great assets to property owners. They are responsible for all property-related issues  and they ensure a stress-free and non-time consuming experience for the owner. Beginning with sourcing properties and negotiating the sale, a property agent’s role can extend to  screening tenants, collecting rents, carrying out repairs, and even handling any legal issues relating to the property.