If you’re a landlord with property to let, you probably want to make sure your property management company is offering you the very best value and service at every step of the way. Sometimes however, you may start to become disappointed with their performance, and find yourself asking the question “can I change my property management company”? In this guide we look at how to switch property management companies, and the reasons why landlords may be advised to look elsewhere for a better service.
There are several reasons that can result in landlords wanting to switch. Many experience excessive fees including hidden charges that they may not have been expecting. Landlords often find themselves in the position of these fees creeping up over the years which can often result in significant reductions of profits. In a recent article, we looked closely at exactly what was included in Alliance City Living’s property fees. This can provide you with a useful benchmark when looking for and comparing different property managers.
Poor service can also be a major factor pushing landlords towards looking to switch their property managers. At Alliance City Living, we pride ourselves on the highest level of service to both our landlords and our tenants. The service we offer to landlords doesn’t stop once we are appointed by them. Each landlord’s dedicated property manager keeps them regularly updated and continually aware of any changes. They act as the link between the landlord and tenant, and are always on hand when they need or have any questions.
Perhaps one of the most significant problems that landlords might face is their property managers failing to find suitable tenants for them. With the property rental market currently enjoying such an exceptional period of good health, landlord’s properties should only be empty for the minimal amount of time.
Alliance City Living’s recent Q4 2021 report showed that the average time taken to let an apartment in Manchester in Q4 2021 was 20 days – which is 50% less than Q3 2021’s 45 days. In fact, Q4 saw properties let quicker than ever before, with all unit types spending less time on the market. With data like this, if your property manager is struggling to find you tenants then it must be time to find a company that will.
So, if you have decided that it’s time to switch, you may be wondering where to change property management companies. Alliance City Living is the obvious choice; we’re part of a wider group which includes those responsible for the construction, development and sale of our buildings. This means we are fundamentally linked to our landlords in a way that makes us unique from other management companies.
Switching to Alliance City Living has never been easier – we take care of everything for you, helping you at every step of the process. To find out more, speak to the team today.