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Real Estate Management Companies In Singapore
So you’ve just got yourself an investment property in Singapore and you are looking to earning lucratively from it by renting it out, but you do not want to get involved in all the hassles pertaining to renting out a property, so what do you do? Well the answer to this lays in real estate management companies in Singapore! There are plenty of real estate management companies in Singapore that are ready to provide you their services at the drop of a hat. However it can be a nightmare if you hire a worthless and incompetent real estate management company. The big question here is: out of all the so-called ‘reputed’ real estate management companies in Singapore how will you know which one to select?
There are many pointers you need to bear in mind when looking for a good real estate management company. First off, you’ll have to find out about their fees, payment schedule, etc before you sign a contract with them. If you are on a tight budget then make sure the company you hire charges only upfront fees and there shouldn’t be any strings attached. You can also make enquires about the types of properties which the company deals with. You can also ask the person in charge to provide you with the name, contact number and address of the person who would be handling your property. This way, you can have a direct talk with the person, gauge his/her abilities and then decide for yourself whether you want him/her to be in charge of your property or not. It is always better to hire and experienced and competent person, after all handling properties is not a piece of cake.
Generally clients are also interested in finding out about time required to prepare the place for renting and the cleaning charges for a vacancy. In addition to this clients usually express their curiosity pertaining to the mode of advertising used by the property management company. It could be on television, magazines, newspapers, online, etc. A good property management company is one which helps you to overcome all the challenges and difficulties lying on the path of renting out an investment property.
One of the things to keep in mind when choosing this type of company is that the company’s methods of collection of rents should not be heavy-handed otherwise you could be giving your tenants a bitter experience, which is most likely to make them turn against you. You ought to hire a company which has the reputation of collecting the rents without any fuss and hassle. Also, always look for a company that is aware of how to maintain a building and keep it in top condition for there is nothing worse than a company that does not know how to preserve one’s rental property!
If you keep all these points in mind then it would assist you in your quest to find the best company out of the many real estate management companies in Singapore. Just set your priorities straight and you’ll not have any problem in finding your ideal company, even though there may be thousands of real estate management companies in Singapore!
Billy Chen
CEA Registration Number : R029372I
Tel: (+65) 88689999
Fax: (+65) 64021826
billy@billychen71.com
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