Whether you’re new to letting property or you’re just looking for a better way, you might be wondering whether you need a property manager.

We believe the answer is yes. It shouldn’t just be a financial decision – it’s also a good idea to consider factors like how quickly property issues are resolved, and whether you have the head space to manage a property alongside your other commitments. 

In this blog, we look at what property management involves, and why it’s usually better to leave it to the experts. 

What is property management?

Property management describes a range of services provided by an estate agent to a landlord. The services usually include finding and screening tenants, ensuring landlord and tenant meet their legal obligations, collecting rent and dealing with property maintenance issues. 

Like most lettings agents, Cobbles offers a range of services:

Let only is the service for experienced landlords who only need Cobbles’ services to find responsible tenants.

Rent collection includes finding tenants and collecting their monthly rent.

Fully managed property services include everything from the letting and rent collection services, as well as dealing directly with tenants and contractors to resolve any issues. This service is provided by Cobbles’ property managers and offers great value for money. 

What are the advantages of using a property manager?

There are many advantages to using a property manager instead of managing your rental property yourself. 

1.     Less stress for the landlord

Many landlords also have jobs and families. And some landlords only let property because they inherited it, or are living somewhere else and are not ready to sell. For these reasons, very few landlords relish a call from a tenant to report a problem. However, if you decide to use a property manager, they can take care of all that for you.

2.     A better service for tenants

Most tenants appreciate the speed and professionalism of a property manager. When a tenant reports a problem, they’re happy if they get a quick response and even more so when it gets resolved to a professional standard. This means that, when it’s time to renew their contract, they’re more likely want to stay. 

On the other hand, if they haven’t been able to contact the landlord because he’s in a meeting or on holiday, the problem can drag on, annoying the tenants and reducing the chance that they will renew their contract. 

3.     Better outcomes for your property

Property managers have contacts in all the trades, from plumbers and electricians to painters and decorators. This means that, when your tenant needs something repairing, we can quickly call on a professional from our network who will do the job quickly and well.

Contractors and tradespeople are usually glad to be the professional of choice for an estate agent. This is because it means a steady stream of work, not just for your property but for all the properties we manage. This means it’s in the contractor’s best interests to do the job well and maintain the positive working relationship. Ultimately, this means that any work done on your property will be done to a high standard, making it a good long-term investment. 

4.     Experience and perspective

When you use a property manager, you’ll benefit from all their experience at dealing with tenants and contractors. Experienced property managers have seen it all, from lost keys to burst pipes. We focus on sorting the problem quickly and efficiently, with the additional benefit of professional distance. 

5.     Better value in the long run

While most lettings agents charge their highest rate for a fully managed property service, it does offer good value for money. Providing a reliable property management service to tenants often means they stay longer, meaning landlords don’t miss out on rent in between tenancies. And if you weigh up how much you lose in your day job because you’re doing your own property management, the value of property management is clear to see. 

Let property in Guildford

If you’re planning to let property in Guildford, Cobbles are here to help. Our experienced team of lettings agents and property managers love helping landlords find the right tenants and reap the benefits of letting property. To find out more, get in touch today on 01483 457 000.