Switching to Inter Property Phuket: Your Guide to Changing Property Managers
It’s likely that if you’ve found your way to our site, problems like poor communication, insufficient inspections, or neglected property maintenance are making you think about switching property managers. We at Inter Property Phuket are aware of the aggravating nature of working with a property manager who falls short of your standards. The good news is that it’s easy and stress-free to move to a new property manager. Here’s how we help you have a smooth transfer.
Changing Property Managers: A Simple Process
Many landlords are concerned that it will be difficult or time-consuming to switch property management. We simplify the procedure at Inter Property Phuket so you can concentrate on reaping the rewards of your investment property rather than worrying about putting up with a subpar agent. What you should know about switching is provided here.
Streamlined Onboarding
Making the switch to Inter Property Phuket is easy. All you have to do is give your present agent notice—usually for 30 days—and sign a new management agreement with us. We’ll take care of everything else after the contract is signed. We get in touch with your current property manager, get the keys and other pertinent paperwork, and properly greet your tenants. You can choose for a fully delegated method, in which case we will notify your outgoing agent on your behalf.
Step-by-Step Transition
Here’s a quick overview of the steps involved in changing property managers:
- Sign a New Management Agreement: This is the first step in the process. Once signed, we’ll handle the rest.
- Contact Your Outgoing Agent: We reach out to your current property manager to coordinate the transition.
- Liaise with the Outgoing Agent: We collect keys, lease documents, tenant records, and other essential items.
- Communicate with Your Tenants: We inform your tenants about the change and ensure a smooth transition.
- Immediate Handover Option: If your outgoing agent insists on a 30-day notice period, we can pay the remaining management fees to expedite the process. This minimizes disruption and ensures a quick handover.
Mid-Lease Transition
It’s not necessary to wait for a lease to expire in order to change property management. In order to give us time to evaluate your property and make the required modifications for the lease renewal, we at Inter Property Phuket advise transitioning in the middle of the lease. Additionally, it helps to prevent any disruption for your tenants.
Minimal Disruption for Your Tenants
Your tenants shouldn’t experience any difficulties if you change property managers. In reality, your tenants are probably going through the same thing if you’ve had troubles with your present agent, including communication problems. You and your tenants will benefit from the switch to Inter Property Phuket since the latter will only need to modify their rent payment method. Your tenants don’t need to sign new agreements because the current lease is still in effect.
Common Reasons for Switching Property Managers
Landlords often switch property managers for several reasons, including:
- Poor Communication: If your current property manager is hard to reach or doesn’t keep you updated, it’s time for a change.
- Inadequate Inspections: Frequent or detailed routine inspections are crucial to maintain your property.
- Staff Turnover: High turnover in property management can lead to inconsistency and a lack of continuity.
- Neglected Maintenance: If repairs or maintenance are not completed promptly, it’s a sign of a problem.
- Non-Compliance: Missing documents, overdue inspections, or issues with paperwork can lead to legal troubles.
Let Inter Property Phuket Handle the Transition
We at Inter Property Phuket are aware of how unsettling it can be to switch property managers. For this reason, we handle everything on your behalf. The “break-up” with your departing agent will be handled by us, guaranteeing a seamless transfer to our property management services. We are pleased to assist you if you would rather manage it yourself.
We hope that this guide has clarified the process of moving to a new property management. Get in touch with Inter Property Phuket right now if you’re prepared for a smooth transition and better property management. Our goal is to guarantee that your investment property is in competent hands.
