Property maintenance equals value and is not only the value of the property itself, but the value tenants add to it by living in it. Property maintenance requires that all parties involved end up satisfied – residents, workers, and clients – and it’s essential that either the house or the commercial building you have under your care stay clean and well-maintained, so it can be attractive to any person that might be interested in renting it.
Is Property Maintenance Essential?
Property maintenance does not only include the repair of structural damage, but also residential cleaning and repairs of internal issues in the apartment – condo, single-home, duplex – or in the commercial building you could be renting. If you want to keep a decent and constant regular maintenance process, you will need a bit of help, as it takes a professional team to keep any type of property in excellent condition.
Imagine that you decide to ignore all the small problems just so you can save a bit of money, 1) this will not make your tenant or client happy 2) it will be more expensive at the end, and 3) it will decrease the value of your property in the long run. Acknowledging that regular property maintenance is indispensable will bring you more benefits than you can think of, and IT WILL help you save money. A well-maintained property is a reflection of your own success and business awareness.
Main Property Maintenance Factors to Consider
What should you keep in mind when it comes to property maintenance? There are few factors that should always be a priority in your “keep everything under control” list, and one of them is maintaining the quality and services of your property above it all. If quality is constant, a good reputation will follow, and it will do so with better value results. Cleaning, sanitation, and maintenance services should include not only small investments but large ones as well. With all of this inline, the value of your property will remain intact, or even rise. This process is definitely not a job for one person so, how to keep up with everything? Try hiring a property management agency, and/or a residential and commercial cleaning services company.
What to Expect and Look For in a Property Management Agency?
The American Management Group (AMG) stressed that hiring a company to manage the maintenance of a building is one of the best decisions you could take to keep on top of anything your property goes through regarding infrastructure, sanitation and cleaning services in general.
The property management company you hire to handle maintenance must:
- Have experienced and highly qualified staff to provide you with professional work while maintaining fluid communication with clients, tenants and yourself.
- Have new cleaning and repair equipment in great condition.
- Ask for the company’s insurance and license.
- Have good customer service reviews.
- And extensive knowledge in the cleaning and maintenance of buildings.
The services provided by property maintenance teams include cleaning apartments, commercial offices, parking lot, repainting and the installation and replacement of things.
Tenant’s Satisfaction Is Key
Keeping your tenants notified about what’s going on in the premises and responding immediately to any details or problems they might have in their living space – or working space – is key to making them want to stay longer. Tenant satisfaction is also about getting a constant income stream from your properties. If you get maintenance work done while a tenant is in place, then you’re doing it great, because thanks to this, the person can see that you’re taking care of their home as soon as possible. With these actions, you’re making them want to take care of the premises. If they stay, you save. In addition, by keeping tenants satisfied, you can avoid paying the cost to turn a property, which goes from $1,500 to $2,000; every time a tenant decides to move out, that’s the money you might be paying, so get yourself a sustainable property maintenance team and keep the good pace! Amazing results are just one call away.