“Why do I need a Managing Agent, surely I can collect the rent for my Commercial Property”

By Tamara Shakespeare

Collecting the rent is only part of the job. When you engage a specialist agent like Ray White Commercial South Sydney to manage your commercial/industrial property we do just that – we manage your property.

Management means more than just collecting the rent.

It involves:

  • Advising on acceptable lease structures so that your investment not only retains its value but also has growth built in wherever possible.
  • Negotiating lease terms with the tenant to obtain results that ensure that the value of your property is enhanced by the lease and not restricted or worse – devalued.
  • Dealing with your tenant in an expert, professional manner regarding queries and problems that inevitably arise from time to time with the property and/or tenancy – these negotiations should only be handled by professionals to achieve the best outcome.
  • Ensuring the property is maintained.
  • Advising the owners on rental and sale values and generally keeping them informed of market trends.

The future value of your property is dependent in no small way on the quality of it’s management – to take chances with a non specialist or to adopt a “do it yourself” approach is unwise and likely to result in rough running for your investment and lower returns.

Contact our office today on 02 9101 8000 for a complimentary assessment of your commercial/industrial investment.

Source: FAQ

Up to Date

Latest News