You have a lot of options when choosing a property manager. There are the real estate office based managers and those that are independently owned.
A real estate company’s number one focus is in selling property. Property management is always secondary to this - it is simply another way to gain sales leads.
With the average sales commission in Christchurch at $18,000 plus GST, real estate companies gain most of their profits from selling properties.
Undertaking property management is one of the key ways that real estate agents gain further listings. When an owner goes to sell their property they will more than likely do so through the same office.
Be aware too, that a basic enquiry on the company’s office website shows that there are many property management companies in Christchurch who are owned by real estate companies but not branded as such.
An independent manager’s sole focus is on managing your properties. They have an incentive to ensure the smooth running of your investments, both in regard to the rental returns and maintenance of your properties.
The golden rule of property has always been to 'never sell’. Property investments should always be for the long term, to realise capital gain on top of any returns you are getting from your rents.
Another interesting fact is that the industry standard in the larger property management companies has been reported at 80-100 properties per property manager in New Zealand.
It is difficult to be able to offer the level of service that is required when managing so many properties. We are small and boutique and can offer a far superior level of service to that offered by the larger management companies.
Selwyn Property Management is proudly independent and privately owned. Operating since 2013, we are not affiliated with any real estate office and solely focused on property management.
Contact us today and find out why other property investors are engaging us to manage their property investments.
Kerry Fookes – Director
Independent Christchurch Property Management