3 Property Management Myths

There are a great deal of misconceptions about being a landlord or even hiring a property management company. Misinformation like this can lead property owners into making poor decisions about there rental and in potentially end up costing ten’s of thousands of dollars. In this post, we hope to demystify some of the common concerns we hear.

MYTH  1 : I THINK ANYONE CAN BE A LANDLORD!

The Role of a landlord is to provide what we in the industry call ‘quiet enjoyment’ of a home. Seems simple enough doesn’t it?? Well, not really; as the Real Estate Council of British Columbia has set stringent rules that govern the array of transactions between a tenant and a landlord. A lack of experience on how to comply could potentially result in significant financial damages.

At Sycamore Property Management you can rest assured knowing that only a Licensed Professional will be entrusted to manage your property, one who, specializes in Rental Property Management and is certified by the Real Estate Counsel of British Columbia ensuring that EVERY DECISION made on your rental is the RIGHT decision and we are here to educate and advise you at every step of the way

MYTH 2 : I WONT GET MY HOME BACK THE WAY IT WAS!

We understand how scary the thought of a damaged home is and we care about protecting your valuable asset. While wear and tear is to be expected when renting out your home; what forms as an excessive amount and who is responsible for it is our job to determine, a job that we do very well.

It starts with placing the right tenant and with our years of combined experience managing basement suites to luxury estates we have proven processes in place such as comprehensive screening processes, preventative maintenance trackers, rigorous inspections and condition reports to ensure you receive your home back in the best condition possible. In the rare event that it is not the case, we will work tirelessly alongside to guide you through the legal avenues available ensuring you get what is owed to you.

MYTH 3 : I WAS TOLD MY PLACE WAS WORTH MUCH MORE!

We advise you to be wary of empty promises to gain your business only to under deliver. Our approach is geared towards listing at the perfect rental rate where you are protected by getting a competitive return while maximizing interest and now giving you ‘choice’ of tenant. Unlike sales, don’t take the first offer!

At Sycamore we promise to give you honest and educated rental assessments with pricing strategies and comparable rentals to elaborate on our working. We don’t tell you… we show you and that’s why our clients keep coming back!

FACT : SYCAMORE IS THE BEST IN THE BUSINESS

Our mission is to combine industry leading property management practices; efficient processes and a level of customer service that highlights trust, transparency and togetherness as so that property owners and tenants remain consulted and engaged throughout their property management lifecycle. Each and every day we strive to be the best that we can be.

Will I get my home back the way it was?

We understand how scary the thought of a damaged home is and we care about protecting your valuable asset. While wear and tear is to be expected when renting out your home; what forms as an excessive amount and who is responsible for it is our job to determine, a job that we do very well.

 

It starts with placing the right tenant and with our years of combined experience managing basement suites to luxury estates we have proven processes in place such as comprehensive screening processes, preventative maintenance trackers, rigorous inspections and condition reports to ensure you receive your home back in the best condition possible. In the rare event that it is not the case, we will work tirelessly alongside to guide you through the legal avenues available ensuring you get what is owed to you.

 

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