REAL ESTATE ADVICE

Questions to ask a property management firm

Questions are integral parts of learning because it challenges us to think and analyze a subject matter in details. Property company like ToLet.com.ng have come to stay in this thriving sector of the Nigerian real estate market hereby boosting and redefining the real estate sector has a whole.The questions below sheds light on the need to know has a client about the property company managing your house.

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 How long have you been in business?

This question will enlighten you about how much experience the property company has in managing properties in form of rent or sale.

How many properties do you manage for sale or rent?

This will help you estimate the size of the company, and understand the company’s capacity to manage properties in form of sale, rent or shortlet

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Where are most of your properties located?

This question will help you determine if the company has a strong presence in the locality of your property.

What type of properties do you currently manage?

If the company does not have any experience in managing your property type then don’t let them start with your property.

Does the company assign a personal manager to your property?

A company that provides property managers to assist will be quite responsive and effective in managing your property.

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What fees does the company charge?

This helps you to determine the cost of hiring a firm and how much it entails.

How often will I get updates on my property?

You should get updates on your property as often as you need them. As a general rule, they should come as frequently as possible. Companies that provide access to an owner’s portal online where owners can access property performance data and accounting information on demand his quite suitable for managing a property.

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