RealEstate

How A Good Property Manager Can Help You and Your Investment

At Aug 15, 2017
As a property investor, you know that managing your property requires not only extensive experience but also a hefty amount of your personal attention to complex management issues. The right property manager will go above and beyond in increasing the value of your property investment by working alongside you as an adviser, ensure stability and increase returns and capital growth with their expertise and industry knowledge. Proactive Maintenance The best way to solve a problem is to prevent it from occurring in the first place. Paying close attention to things that may require regular maintenance rather than taking care of something after it has broke or stopped working can help minimize future large scale repair costs. This is a proactive approach that separates property managers from really good property managers, particularly if regular maintenance means an item does not have to be replaced sooner than it needs to be. As hard as it may be to secure good tenants, good landlords can be just as hard to find. Keeping your tenants impressed with your on-the-ball and proactive maintenance leaves tenants feeling looked after and secure with their choice of landlord, which in turn will improve the likelihood of the tenant sticking around through rent increases. Risk Management Real estate property management requires a high level of detail and expertise, owning a rental property comes hand in hand with many ongoing risks that need to be payed attention too. Working with a property manager ensures you are up to date with the latest laws regarding tenanted properties, building codes, town planning procedures, statutory requirements and any other legislation relating to investment property. The right property management team can protect your investment by properly maintaining and managing your property through an organized system that keeps them up to date with all rules and regulations. Property Market Insights Working with a dedicated property manager will always ensure you are getting your market value by having a good understanding of relevant information that may influence rental rates in your local suburb. Although there is always coverage in the media, it may be difficult for busy investors to keep up with what is often a changeable market. It is a property managers job to be kept up to date on market trends on a daily basis, working with a property manager will always ensure you are getting your market value. How We Can Help At The Properties Group, we understand that every client and property is unique. With services that come tailor made, allow us to create the most effective asset management plan for you through close monitoring of all industry trends, income, and costs in order to maximize your return on investment and simplify your life at the same time. With a diverse portfolio of over 70 commercial and residential properties around Eastern and Central Canada, leave the hard work of managing your property and assets to the experts. Looking for property management solution or advice? Find out more about The Properties Group management services or get in touch.   For the latest news on the Properties Group, subscribe to our newsletter.    
Sticky
Share

Advantages Of Working In An Office Space

At May 15, 2017
With the increasing popularity of working from home in the last decade, more and more employees are ditching the office and heading to a local coffee shop or their home work station with nothing but the internet and a smartphone to get their work done. Without a doubt, there are many advantages to working from the comfort of your home, however there is certainly still important advantages that remain when considering the benefits of working in an office setting. Motivation With others around you chipping away at their day and completing their tasks, it's hard not to motivate yourself to do better everyday in an office. Most people are lucky enough to have co workers who encourage them to do better and praise them in person for a job well done which keeps employees highly motivated and feeling good about themselves, while successfully working from home requires an extreme amount of self discipline and focus. Social Factor The social factor plays a huge part in why going to work in an office setting has an upper hand. The office is a place where co workers become life long friends, team building allows you to get to know and respect one another on a more personal level and can make the possible transition to a new city or town an easy one. You are able to make new connections and network on a daily basis if you choose too in an office setting. For some, working from home can feel more like isolation, and in severe cases no interaction all day can even lead to a feeling of loneliness and even a mild depression. Collaboration We all know that collaboration leads to innovation which ultimately leads to groundbreaking ideas that shape a company's success. Communication is easier in the office, having the opportunity to engage in a quick in person meeting when ideas come to mind makes working in an office setting favorable to those who value this important aspect of their career.   All in all, depending on what your role is, working from home may not always be the best fit. If you are glued to your desk for 99% of the day, and prefer to have your privacy with little interference, working remotely is a fantastic option. If your job requires collaboration and you thrive off interaction in order to be successful, then the office environment is for you. For listings of available office space, click here:
Find A Property
   
Sticky
Share

How Tech is Changing the Real Estate Industry

At Apr 19, 2017
The Ottawa housing market is booming, with sales approaching the record breaking point in March and up 28% from this time last year, according to the Ottawa Real Estate Board. To keep up with the increasing number of potential buyers while still attracting new sellers and managing leads, tech advances are helping real estate brokerages and agents deal with the high demand. Virtual reality is the newest, and unarguably most advanced, tech tool that is coming to the forefront in real estate agencies, offering home buyers the experience of 3D home tours on listing pages without having to travel to the property. Although VR offers a ground breaking experience for potential buyers, the cost may be too great for some brokerages. So, while we wait for VR to become more accessible here is a list of other tech tools that can help real estate professionals grow their business and generate more revenue. Social Media Platforms: Instagram Video With new and existing properties constantly becoming available, the obvious platform to keep potential buyers informed is Facebook. However, the new promotional tool of choice is becoming Instagram. With 200 million daily active users, Instagrams new video feature is rivaling Facebook for daily video user engagement. This feature allows you to quickly record 30 second long videos of new listings and share them instantly, this is just enough time for a short house tour or slideshow of the properties amenities. Instagram also offers brokers and their agents to interact with leads through private messaging and arrange viewings. Industry Apps New apps are emerging onto the real estate scene, Real , an app that allows licensed realtors to get connected to a one stop platform for work, allows them to manage appointments, send out online marketing materials and even handle accounting. Real also provides free leads without referral fee charges. Another useful tool for agents is the time saving X.ai bot, a platform that allows agents or brokerages to arrange meetings by connecting with other users' calendar, offering exact time options that fit with everyone's schedules. The bot does everything when it comes to scheduling including following up if someone doesn't reply and calculating travel time between meetings. Drones Drones are becoming an increasingly popular tool in the real estate industry, the modern tool is allowing real estate firms to capture stunning aerial videos of listings and can be that extra kick you need to promote both residential and commercial properties, leaving potential buyers in awe of the birds eye view that the footage offers. Using a drone to showcase properties gives a different, complete perspective of what a property and the surrounding neighborhood has to offer. Drones offer a high tech experience with a wide range of benefits at a relatively inexpensive price, making it an appealing option for realtors to take their property marketing to the next level.
Sticky
Share
  • ABOUT US

    The Properties Group Management Ltd. is a real estate investment and management firm engaged primarily in the acquisition and management of residential and commercial properties throughout central and eastern Canada. It is our mission to provide superior value to our tenants and investors.

  • GET IN TOUCH

    A representative from The Properties Group will contact you within the next 24 hours to assist you with any questions you may have.

    CONTACT US