Ensure you never miss an issue of the
real estate business bulletin
Landlords might make the best PMs

Landlords might make the best PMs

by Jay Garcia 1 comments

One of the secrets to being a good property manager could lie in also being a landlord.

Coronis senior property manager Kelly Parr told Residential Property Manager that owning a property herself has helped her relate to clients and deal with them in a more personal manner.

“It also puts clients at ease when they know that I also own my own investment and know exactly what they are dealing with, and the stresses they may have to deal with, at any given time,” Ms Parr said.

She said knowledge and empathy are two of the most important qualities for a property manager and a property owner.

“As a landlord, you’ve got to be educated and up-to-date with current legislations so you can work with your property manager to make sure the property is compliant at all times.”

As a property manager, it’s important to remember that clients are handing over control of a valuable asset and to empathise accordingly, she added.

Ms Parr said combining both roles has turned out to be mutually beneficial for her.

“I love both sides and I believe owning my own investment property has only helped me in my career in real estate and to be the best property manager and team leader I can be,” she said.

[Related: Coronis unveils ‘aggressive’ 80pc growth strategy]

 

Landlords might make the best PMs
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
An industry where the resilient succeeds

Tim Heavyside believes that a strong support team and good foundations are paramount to success in the real estate industry, and with regu...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?