Switching to Inter Property Phuket: Your Guide to Changing Property Managers
If you’ve come across this blog, chances are you’re considering a change in property managers due to issues like poor communication, inadequate inspections, or neglected property maintenance. At Inter Property Phuket, we understand how frustrating it can be to deal with a property manager who doesn’t meet your expectations. The good news is that switching to a new property manager is straightforward and stress-free. Here’s how we make the transition seamless for you.
Changing Property Managers: A Simple Process
Many landlords worry that changing property managers is complicated or time-consuming. At Inter Property Phuket, we make the process as easy as possible, so you can focus on enjoying the benefits of your investment property without the headache of dealing with an underperforming agent. Here’s what you need to know about making the switch.
Streamlined Onboarding
Switching to Inter Property Phuket is simple. All you need to do is sign a new management agreement with us and provide notice to your current agent, typically 30 days. Once the agreement is signed, we’ll handle the rest. We contact your existing property manager, collect keys and important documents, and formally introduce ourselves to your tenants. You can choose a completely hands-off approach, and we’ll take care of notifying 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
You don’t have to wait until the end of a lease to switch property managers. At Inter Property Phuket, we recommend transitioning mid-lease to give us time to assess your property and make necessary adjustments for the lease renewal. This also helps avoid any inconvenience for your tenants.
Minimal Disruption for Your Tenants
Switching property managers shouldn’t cause any disruption to your tenants. In fact, if you’ve experienced communication issues or other problems with your current agent, your tenants are likely experiencing the same. The transition to Inter Property Phuket will be beneficial for both you and your tenants, who will only need to update how they pay rent. The existing lease agreement remains in place, so there’s no need for your tenants to sign new contracts.
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
At Inter Property Phuket, we know that the process of changing property managers can be uncomfortable. That’s why we take care of everything for you. We’ll manage the ‘break-up’ with your outgoing agent, ensuring a smooth transition to our property management services. If you prefer to handle it personally, we’re happy to guide you through the process.
We hope this guide has made it clear how easy it is to switch to a new property manager. If you’re ready for a seamless transition and improved property management, contact us at Inter Property Phuket today. We’re here to ensure your investment property is in capable hands.
