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Investors reveal best PMs

Investors reveal best PMs

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The most highly regarded property managers in the country have been revealed after property investors voted more than 7,000 times in the inaugural Investors Choice Awards.

The awards, partnered by homesales.com.au, are a unique initiative that allowed new and seasoned investors to vote for their most trusted and respected property professionals.

The award recipients will now be able to leverage off their win to attract new business and strengthen existing relationships, said Jim Hall, head of real estate at Sterling Publishing, the publisher of RPM.

“Winning an Investors Choice Award will be a tremendous boon for these property managers’ marketing efforts,” Mr Hall said.

“It will be a great reason to re-engage with past and current clients, while also strengthening the quality of the agency’s offering – which will help secure new business.”

Homesales.com.au general manager Rhett Dallwitz said property managers are essential to an investor’s success and can make all the difference to their portfolio’s performance.

“Having the wrong team working on your property portfolio will only end in pain and stress, and will cost you more money in the long run,” Mr Dallwitz said. “Investing in property should be simple and transparent, and should set you up for growing your portfolio time and time again.

“Quite often you see investors purchase their first investment property and then something goes wrong, such as the tenant not paying rent or damaging the property, leaving a bad investing experience for the investor [and] discouraging them from repeating the process again. A good property manager or investment team should only contact you with the problem when they have a solution.”

Mr Dallwitz said reputation is vital for property managers, and endorsements from real-life investors who have experienced the ups and downs of property investment will carry significant weight.

“We live in a reputation-based economy now so testimonials and results speak for themselves,” he said. “We've all had positive and negative experiences, regardless of the industry.

“Industry awards are good at rewarding excellence from peers, but it is far more important to be recognised by actual investors. The reputation of the investment and advice sector has been damaged over recent years, so to find out what investors think and who they trust is vital.”

The winners of the Investors Choice Awards in the property management category are:

NSW: Wagga Property Management
Qld: Blink Property
Vic: Peter Leahy Real Estate
WA: Momentum Wealth
SA: Elders Mawson Lakes

Highly recommended awards also went to Belle Property Cashmere in Queensland and Davey Real Estate Currambine in Western Australia.

A full list of winners across all categories, including real estate sales agents, can be seen here.

 

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