Not another.....
• Out of hours maintenance call
• Non payment of rent
• Deposit dispute
Are we making money from this service? Business will get to a point when they start to ask themselves just this. They will have worked hard to build up the business but now find staff being stretched due to the amount of time needed to manage it. Some businesses at this point will do a review of this cost centre and many firms find that they are either losing or not making any money from property management.
Some of ARPM’s clients completed this project and were left asking two questions, do we stop doing lettings or is there a different way. The answer our clients came up with was no we need to contine doing lettings and yes there is a different way, outsourcing property management.
As a result they are seeing themselves earning far more and are able to focus more energy into the front end sales activity. The result by their own admition speak for themselves “We’ve found your staff most accommodating and am greatly relieved to have someone doing our administration with greater efficiency and at much lower cost than when we did it in-house”
Agents that come to us in this situation quickly see a growing property portfolio that is far more profitable. When a business outsources work, it allows them to focus more on their core activities and in many cases; this approach is a smart way for businesses to add value.
If you are considering moving into letting or a looking to further exploit the growing market contact ARPM for information on how we could help call 01923 775705 or email info@arpm.co.uk
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