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  • #986599
    Dan_1
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    Hi Guys,
    Just putting it out there.
    How many of you have a business interest of some form in the Property/ Real Estate Industry and would be interested in Networking with like minded people?
    Not necessarily looking for meet up’s just yet but will be something to look forward to in the not to distant future.
    My partner and I have a Property Management Business in the Hunter Valley NSW. However we would be more than happy and willing to network, share ideas, advice and experiences with any one who has an interests in the industry regardless of your location.

    – Developers
    – Accountants
    – Real Estate Agents
    – Tradies
    – Advisors and Planners
    – Home/Property Service Providers
    – Investors

    If your interested send me a message or respond to my post.
    I look forward to chatting and getting to know you all.

    Thanks

    Dan

    #1158586
    Burgo
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    When I first read your post I immediately thought of FM magazine Facility Managers.

    So do you specialise in domestic or commercial or a little of both.
    Do you have a good reliable network of tradies , cleaners and carpet cleaners.

    How do you look after these people plenty of work prompt payment

    What training is there nowadays for property managers

    Just thought I would start the ball rolling

    #1158587
    Dan_1
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    Hi Patrick,
    Thanks for taking the time to respond to my post.
    Our business has been set up to provide Management Services for both commercial and residential (domestic) Properties, however as we are still working on becoming established in the local market majority of our focus has been on building or residential property rent roll and ensuring our processes services offered meet the needs of our residential property landlords.

    We do have a small group of “approved” contractors – Electricians,Plumbers,Cleaners, Handy men that we utilize for property maintenance etc.
    Our business has a strict criteria that we go through when first engaging our contractors that does include discussions and agreements on payment terms,insurance and relevant compliance etc.
    Fingers crossed the relationships we have formed with these contractors appears to be working well and going stronger as our need to utilize there services and engage them in our business increases.

    Funny you should ask about training of Property Managers, as I was only having this same discussion with my girlfriend yesterday evening.
    To be employed as a Property Manager you must either be or be employed by a licensed real estate agent. However if a real estate agent wishes to employ a property manager there is no formal training requirement to become a property manager apart from the property manager being required to complete a certain amount of continuous professional development points (courses) each year – a standard requirement for working in the real estate industry.

    It is my personal belief that the lack of compulsory training for property managers is one of the main causes of landlord dissatisfaction and perceived reputation issues for a majority or real estates and property management businesses.

    I hope that all made sense.

    Look forward to chatting with you further

    Thanks

    Dan

    #1158588
    Burgo
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    Thanks Dan
    Now I can understand why so many property managers have trouble with tradies and Cleaners.

    Many years ago I was involved with a cleaning company which had a network of tradies. We did a lot of work for property managers who really had no idea what they were doing. Unfortunately this gave the industry a bad name and caused much friction.

    Its refreshing to see some professionalism coming into this important area and yes it would be good for some formal educational course developed.
    The Cleaning industry went through this now all cleaners should have Cert 11 or 111 Asset maintenance Cleaning and carpet cleaners Cert 111 Asset maintenance carpet cleaning IICRC or WoolSafe Service Providers qualifications. Unfortunately these type of things take time.

    #1158589
    Dan_1
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    Yes, It is a valid point to you bring to the conversation.
    It is not uncommon for businesses to become focused on other aspects of there business and forget about building and maintaining the relationship with there contractors.
    Our business plan incorporates a 5 year prediction that includes the employment of a small group of staff.
    Both my girlfriend and I already have ideas in place for training an procedures to ensure that our reputation is not tarnished with the same brush that many others are in our industry.
    It would be interesting to get some more feedback from other people that interact with Property Managers to understand there perception.
    Are there any landlords, tenants or contractors currently working for property managers in the forum that would like to build on our conversation?

    #1158590
    AmyL
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    • Total posts: 11
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    Hi Dan,

    It was interesting reading your post and the subsequent discussion around the training of property managers. I didn’t realise there wasn’t training for them, and while surprised, it does make a few things clear as I have found a number of them to be difficult to deal with and very unprofessional.

    Now this gives me some ideas because I own a training business and tailoring a course toward property managers wouldn’t be too difficult to do. Do you think there would be take up of such a course? Do owners of agencies realise there is a huge problem with property managers, or are they oblivious to it?

    Cheers
    Amy

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