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  1. #1

    Talking How to find a property manager in Auckland?

    Hey everyone,

    I'm interested in finding a good property manager in Auckland, but I'm faced with 100's of choices! Does anyone have some advice on how to go about selecting a property manager? I've read all the common articles on what to look for and so on, but there are so many companies and all their sales pitches sound the same.

    Is there a way to objectively compare companies?

    What process did you guy's go through to find a good PM?

    Thanks for the help!

  2. #2
    Join Date
    May 2012
    Location
    Wellington
    Posts
    518

    Default

    You could check the shorter list available at IPMA.org.nz; Independant Property Managers web site. IPMA members have a full and thorough application process to ensure standards are followed, and a full and comprehensive complaints process if anything is done wrong - both parts of the process are better than most to ensure a high standard is attained ! (and yes I am a member, but not Auckland based)

  3. #3
    Join Date
    Oct 2013
    Posts
    1,628

    Default

    Clients have mentioned IPMA in the past as a good resource, though not one I've used myself.

    Ask a friend! Ask on the forum here for recommendations (effectively what you've done in this thread) and someone will come back to you. Word of mouth recommendations are really the only reliable way to find good people.

    If your property is in the CBD, I can highly recommend Tuscancity, who manage my apartments. My other Auckland property managers recently sold their business to a new one who I've now only been with for a few months, no problems with them yet, but not happy to recommend until a longer period has passed.
    AAT Accounting Services - Property Specialist Accounting - AATAccounting.co.nz
    Lower fees for investors, traders & real estate agents!
    [email protected] for more information.

  4. #4

    Default

    Hey,

    Thanks for the responses so far! I did come across the IPMA before and had a look through the options, but it doesn't seem to be very exhaustive. Plus you also have the big names like Harcourts, Ray White, Crockers,.. Other than jumping on every single website there is not much comprehensive info out there?

  5. #5

    Default

    Find and go along to some investor meetups and ask around.
    Free online Property Investment Course from iFindProperty, a residential investment property agency.

  6. #6
    Join Date
    Apr 2004
    Location
    Auckland
    Posts
    1,910

    Default

    What area of Auckland?
    Tend to employ an independent agent who is local to the property.
    Haven't had much success with real estate companies as PMs.
    The three most harmful addictions are heroin, carbohydrates and a monthly salary - Fred Wilson.

  7. #7

    Default

    You definitely need to choose an independent if you want good - best to go with an IPMA member. Choose one who specialises in your area & interview them. They shouldn't be offended if you ask them for client references - it is a job interview after all! Good luck. (PS - check what their costs include - the bigger companies have lots of tag on/ hidden costs!)

  8. #8

    Default

    Thanks for the advice on going with an independent agent. Is the cost the only reason to go with an independent PM? The reason I ask is that I have to admit to feeling more comfortable approaching a bigger company.

    Also, I had a look at the IPMA website and it seems to me that their values are very good, but how do they enforce those values? As the only thing, I can imagine they can do is to kick out non-compliant members, but then how do they find out a member is not following the rules?

  9. #9

    Default

    Where is your property? I'll try to recommend two options. Then you only have a choice of two :-)
    Free online Property Investment Course from iFindProperty, a residential investment property agency.

  10. #10

    Default

    Quote Originally Posted by Nick G View Post
    Where is your property? I'll try to recommend two options. Then you only have a choice of two :-)
    Hey Nick,

    Well, I'm interested in general to get an idea of how people choose a property manager. How they start their search and what they specifically look for.

    Already I see a big lean towards getting an Independent PM, but I'm still not sure why. From what I understand a Real Estate company can offer a variety of services including listing my property if I want to sell. Then I already have a relationship and don't need to go through the process again of finding an agent.
    Also if I go with an independent PM and ask them which agent to go with, that person will probably advise on an agent they have a connection with, maybe even getting paid for the recommendation. Then I don't feel like I'm getting the best advice.


 

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