Why Use a Property Manager? Top 8 Benefits of Hiring Property Managers in Auckland

November 17, 2023
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Rather than asking, “Why use a property manager?” surely the real question is, “Would you want to miss out on the benefits?” Property managers like Harper Properties play a critical role in using Auckland’s local market knowledge, network and experience to optimise your rental income and ensure a smooth operation of your property investment.

We handle everything from tenant selection to rental collection and overseeing maintenance to relieve you of the burdens of day-to-day management and allow you to enjoy the rewards of passive income and peace of mind.

So, if you’re wondering if partnering with a property manager is worth the investment, allow us to shed some light on this. Here are eight compelling reasons why you should consider using a property manager in Auckland.

 

Legal and Regulatory Compliance

Understanding the nuances of New Zealand‘s real estate laws and regulations is a complex task. It can quickly become overwhelming for someone outside of the industry or those relatively new to property investment. This is where a property manager comes in invaluable.

  • Legal Knowledge: Into every aspect of property management, legal knowledge is woven. From tenancy agreements to housing standards, a professional property manager stays informed about the property laws in New Zealand. We ensure your property stays compliant with the Residential Tenancies Amendment Act, the Healthy Homes Standards, and other relevant regulations.
  • Regulatory Practice: Beyond the theoretical realm of laws, practising regular compliance is essential. The property manager handles regular inspections, maintenance documentation, and incident reports, all aligned with council and government requirements.

 

Ensuring Rental Income

Property managers are experts at getting your property rented, and here’s the proof: it’s reported that property managers can reduce vacancy rates by up to 50%. That’s a huge benefit!

We know the local market inside out, using our connections and savvy marketing to find reliable tenants fast. Plus, we set the right rent prices to maximise your income without scaring off tenants.

With the right property manager, you’ll have your property occupied, rent flowing in, and any tenant issues handled smoothly. It’s a smart move that keeps your rental income on the up and up while taking the stress off your plate.

 

Adept with Local Market Conditions

We’re not just experts; we’re your neighbours, too. The advantages of using a local property manager based in the Auckland area, like Harper Properties, are plenty:

  1. In-Depth Local Knowledge: We have a deep understanding of the Auckland real estate market, including neighbourhood-specific trends, rental rates, and tenant preferences.
  2. Extensive Geographic Coverage: We manage properties all the way from Warkworth to Pokeno, North Shore, West Auckland, East, and the central Auckland suburbs like Stonefields, ensuring that no matter where your property is located in Auckland, we have the local expertise to handle it effectively.
  3. Prompt Maintenance: With a network of trusted local contractors, we can quickly address maintenance and repair issues, keeping your property in good condition.
  4. Market Competitive Pricing: Harper Properties can help you set competitive rental prices, maximising your income while attracting quality tenants.

 

Time-Saving Convenience

Time is money, and managing a property can take up a lot of your time. That’s where a property manager steps in to save you valuable hours and reduce stress. On average, property managers can save owners 8 hours per month by:

  1. Efficient Tenant Screening: We handle the exhaustive task of tenant screening, saving you from sifting through numerous applications and conducting background checks. This ensures you get reliable tenants without investing your valuable time.
  2. Around-the-Clock Maintenance Coordination: Property issues can arise at any hour. We’ll take care of maintenance and repair calls, coordinating with local service providers, so you don’t have to drop everything to deal with emergencies.
  3. Rent Collection: No need to chase tenants for rent payments. Harper Properties will handle rent collection, ensuring a consistent cash flow while you focus on your other priorities.
  4. Regular Inspections: We conduct routine property inspections, addressing issues before they become major problems. This proactive approach saves you time and money.

 

High-Level Marketing And Advertising

Harper Properties offers a significant advantage when it comes to marketing your property. We provide the highest level of marketing, including professional photos and boosted listings on TradeMe and Realestate.co.nz. These premium features ensure that your property gets the attention it deserves, stands out in a competitive market, and attracts quality tenants swiftly.

 

Recap: The Benefits Of Using A Property Manager in Auckland

In this fast-paced world, managing your property can be a daunting task. This is especially true if you’re juggling other responsibilities or live far from your rental properties. Here are the key benefits to remember:

• Property managers provide legal and regulatory compliance to ensure your property remains compliant with all relevant laws and regulations.
• Using a property manager can maximise rental income and reduce vacancy rates by up to 50%.
• A local property manager like Harper Properties Auckland knows the local market well so that we can set competitive rental prices for you.
• Property managers can save owners 8 hours per month through tenant screening, rent collection, maintenance coordination, and regular inspections.
• Our property management package includes high-level marketing and advertising for the property, including professional photos and boosted listings on TradeMe and Realestate.co.nz.

Harper Properties handles everything, so you can have the ultimate benefit of hiring a property manager – peace of mind! And the best part? Our Auckland property management services come with NO letting fees, maintenance fees, or add-ons, just $45 per inspection and a competitive 8.5% rate! Call us now on call 09 361 2810 or book a quick rental appraisal here.