I'm interviewing 2 pms. What to show them?

Discussion in 'Property Management' started by Alex P Keaton, 28th Nov, 2013.

  1. Alex P Keaton

    Alex P Keaton Member

    Joined:
    16th Mar, 2008
    Messages:
    3,121
    Location:
    Australia
    Hi

    I'm hoping someone can help

    I have 2 PM's that I'm interviewing & I'm just not sure what paperwork I should be showing them or if I should be showing them anything at all on their first visit.

    I didn't want to appear like a total newbie as it might impact on getting a good deal with them (as I'm inexperienced)

    I'm going to look through my documents to see the terms & agreements, past statements etc.

    Can someone please help

    Thanks :)

    Oh and unfortunately in the job I'm doing I'm not going to be able to reply until lunch time
     
  2. thatbum

    thatbum law talking guy

    Joined:
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    Location:
    Perth
    I'm not exactly sure what you mean.

    I don't think the average PM has the discretion to negotiate special deals without either following office policy or the direction of their manager/licensee - so I don't think you need to be overly strategic in your negotiations.

    I would simply ask them straight out if there was a specific rate that you wanted.
     
  3. russellpeter

    russellpeter Member

    Joined:
    18th Nov, 2010
    Messages:
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    Location:
    Brisbane
    show them the property and let them do the talking

    any info they require from you they will ask.

    The question is, what should you be asking them.

    how many properties do they manage?
    how may inspections PA
    arrears processes
    how they deal with maintenance
    what marketing do they do and to what standard
    fees and charges


    Good luck but you have started on the right foot by posting on this forum.

    post what area you are in and other people will recommend good Pm to talk to as well.
     
  4. Alex P Keaton

    Alex P Keaton Member

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    16th Mar, 2008
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    Location:
    Australia
    Thanks

    I wish I had researched a bit more before they came over. My job is so busy I think i forgot lol.

    Before I leave work I'll see if I have anything i need to print out.

    Any more tips would be good :)
     
  5. SeafordSunshine

    SeafordSunshine Member

    Joined:
    10th May, 2010
    Messages:
    258
    Location:
    Seaford
    Hi

    What is their % vacancy factor?
    This will tell you if they are effective. (You don't want your flat sitting there empty!)
    How many times do they go to the tribunal.
    This will tell you if they are good negotiators.
    How can you increase my returns?

    I hope this helps!
     
  6. jenni_nextplace

    jenni_nextplace Member

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    16th May, 2013
    Messages:
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    Location:
    QLD
    Double check they are the PM and not the BDM (Business development manager). You want to meet the one who is managing your property.

    Also ask will they be the only one managing the property or do they have assistants or split positions within the department. E.G does someone do inspections, and someone else does open homes..