The property management company you choose can make or break your real estate investment. Finding the best building management company in Surrey can be a complex task. There are many of these companies out there, but they are not all created equal. At first glance, all these companies might seem very similar, but they are not. There are those that offer high quality services, while others do not. It is advisable to conduct some research so as to get a building management company that will provide the best service. Here are tips to help you get a good company for your strata property management.
Start by inquiring about how long a potential property management company has been managing properties in your area. To be sure that the company you hire is here to stay, choose companies with at least ten years of experience in this business. Besides, such a company will be very helpful if your community needs emergency response, accounting, legal and maintenance expertise. The biggest advantage of hiring a company with longevity is that they are likely to have encountered and solved any problem or issue your community has. Basically, there is nothing they have not seen before.
Before hiring a potential building management company in Surrey, ask them for a list of references from their clients. Specifically ask for references from clients who have properties similar to yours. Contact these references and ask about their experience with the company in question. If many people seem to be satisfied by a certain strata property management company, hire them.
Know the exact services offered by a property management company before hiring them. Even if an organization calls itself a full-service building management company, know their exact services. Do not sign a contract before you know what exactly you are getting into.
Know the qualifications that the managers have before choosing a company. When it comes to the everyday business of strata property management, you will want to be sure that the managers dealing with your property have the appropriate training and qualifications to handle the situations that inevitably arise. Look for a company that offers experienced management teams. Also, since property laws and regulations are constantly changing, make sure your property manager is up to date, as confirmed by professional training and memberships.
When choosing a building management company in Surrey, go for one that is licensed. There are many fraudsters out there posing as genuine companies, so do not make any assumptions. Ask for proof of licensing and ensure that the documents presented are genuine and valid. If you have doubts, contact the relevant authorities for confirmation. You can even contact the Better Business Bureau to check if there are any client complaints against a potential property management company.
Reputation is an important consideration when choosing a building management company in Surrey. Before you hire a company, ask what your friends, relatives and close business associates think about it. Also, visit the company’s website and other reviews sites in order to gauge their reputation from client reviews.