A key responsibility of property management is maintenance.
In property management, maintenance involves ensuring that the properties under management are safe, well-maintained, and in good condition for tenants and other tenants.
Honestly, if property managers had focused on maintenance and companies did not care about losing clients who were unwilling to conduct maintenance, you probably wouldn’t have such tough rental reforms as we do today.
Generally, property managers are responsible for coordinating and overseeing various maintenance tasks in order to maintain the property in good working order and address any issues that may arise.
The following are examples of maintenance tasks that property managers may be responsible for:
Regular inspections:
Property managers inspect properties to identify maintenance needs and potential issues. These inspections help ensure properties meet safety and quality standards.
Property managers arrange for repairs and maintenance work to be performed when tenants identify or report problems. This can include repairing plumbing issues, repairing appliances, and addressing electrical issues, among other things. Owners are responsible for approving these requests as soon as they are informed of them.
Preventive maintenance:
Preventive maintenance is often scheduled by property managers in order to prevent potential problems from becoming major ones. It may involve performing maintenance on air-conditioning systems, cleaning gutters, checking for water leaks, and other similar tasks.
Budgeting and planning: Property managers are responsible for budgeting for maintenance and repairs. Funds are allocated for ongoing maintenance and large capital expenditures.
Effective maintenance is critical for maintaining tenant satisfaction, preserving property value, and ensuring the success of a property. A property manager ensures that maintenance work is carried out efficiently, economically, and in a manner that minimises disruptions for tenants and occupants.