Category Archives: Property Decisions

Real estate management companies can be the answer to a successful property management. However, their expertise doesn’t come cheap, and you might find the expenses associated with it unreasonable on the long run.
So, in order for you to know whether or not hiring a Singapore estate agent is necessary, consider the following factors we’ve discussed below.

• You have a number of units for rent. Bear in mind that the more rental units you have, the more work it requires—from tenant billing to maintenance duties. When you hire a management company, they will be the one to execute the operations for you and, therefore, all you have to do is to supervise and wait for the deposits.

• You live miles away from your property. If your rental building is located far from where you’re residing, you should consider hiring a Singapore condo property management company, as it will be very difficult for you to deal with management operations from afar.

• You have very limited time. If managing your property is not your only job, you may not have enough time to devote to address issues pertaining to your investment. Also, if you wish to grow your property rental business without affecting your current job, a good managing agent can do all the tasks for you, such as searching for properties on sale, improving your business structure, and arranging and financing renovations.

• You’re not into hands-on management. Though many landlords like the challenge of finding quality tenants and doing all the management duties on their own, there are some who doesn’t want to get involved with the demanding day-to-day management of their rental property. If you’re one of the latter, hiring a property management company may be a good choice to keep your investment up and running.

• You don’t want the employer accounting tasks. When maintaining a property, you will need to hire a number of people as your employees to make sure everything is well-covered. Therefore, you’ll need to handle their payroll and deal with other legal requirements. But if you hire an estate management company, which is an independent contractor, you spare yourself the headache from being an employer.

• Your rental property is part of a housing program. Rental property owners under an affordable housing program follows a complicated set of rules in order to claim financial assistance, which may be in the form of tax credits, grants, or interest loans, in exchange for allowing low-incomers to rent their properties for a cheaper price. With so many rules and procedures to follow, it’s often worth using a managing agent to handle your investment under such housing programs.

Though using a management company is undeniably expensive, many property owners in Singapore still choose to employ their unmatched skills primarily because agents secure continuous flow of income and take off loads of work from their day-to-day schedule. By using a management company, everything associated with property rental, including marketing of units, dealing with tenants and prospects, handling maintenance issues, and even pursuing rental evictions, are well taken care of. The experiences and abilities of these professionals are brought into your business, giving you peace of mind that comes along with knowing that your property is in good hands.

Before you start doing business with an online letting professional, you must learn first the letting agent fees Singapore companies will be charging you. The easiest way to do such is browsing the enterprise web page. Find if full details of fees are posted online. Should you have already searched into all web pages and still the data is not available, it is better to go to another choice. You don’t wish to be charged concealed expenses if you have already set your goals.

Avoid Spending More than You Should

Rental professionals like the Singapore Estate Agency Pte Ltd. need to share full details about their costs and rates. These details should be easily accessible on their website. Make sure you examine the summary of rates carefully. This is so you know precisely where your money goes and where you stand. You need the expertise of online letting agents since this industry could be complicated, especially if it is your first time diving into it. Even so, you don’t have to negotiate excessive rates just so you can get the help you need.

A reputable letting professional just like Singapore Estate Agency Pte Ltd. will offer an easy-to-comprehend list of prices for any package they are providing their clients. You would be prepared to determine from a glance which services wouldn’t be accessible or would be provided to you should you choose a specific package. You get to determine from there which package fits your needs. You avoid registering for something you wouldn’t be ready to utilize totally.

What to Inquire Online Letting Brokers

When you need more information concerning the letting process, the online rental company need to be able to aid you over. Always provide in your questions the type of services they provide. While these details might be displayed online, there’s nothing wrong seeking for clarification. Maybe, there is a thing which isn’t clear to you or there are information that you find confusing. An important stage when entering the letting business is understanding what you’re signing up for.

As the asset will be publicized in several platforms, the rental company is probably to ask for a flat rate for your property. You will only need to pay more when you like your property to be displayed for additional visibility and clicks. In spite of this, you will find the letting agent fees Singapore publicized online so you can make certain you are being charged fairly.

A trustworthy letting agency like Singapore Estate Agency Pte Ltd. will provide assistance if you need help concerning the rental charge you need to be billing your lessees, or need additional details about the value of the rental property. Tools would be given to you online with no additional expense.

Finally, when you find an occupant using the assistance of the online rental firm, you will probably be charged a bill as well. But, it will merely be a one-time payment for the whole process. Overall, always transact only with a group that is transparent relating to letting agent fees Singapore.