How do I change property manager?
A change is straightforward: you give notice within the contractual deadline, we take on the whole handover of documents, accounts and contracts.
How to change your property manager
Changing property manager is simpler than many people think. Essentially there are three steps: ending the existing management within the deadline, appointing a new manager and handing over the documents cleanly. We take on the largest part of the work for you, so that the transition runs smoothly and no matter is lost.
The process at a glance
An orderly change follows a clear sequence. That way you keep track at all times and know what comes next:
- checking your existing management contract and the notice period
- a resolution in the community of owners, where it is a condominium
- giving notice to the previous manager within the deadline
- taking over documents, accounts, contracts and ongoing matters
- informing tenants, owners and service providers
What matters when giving notice
Giving notice within the deadline is important. The deadline depends on your management contract. With condominium ownership, statutory rules also apply, and a change generally requires a majority resolution of the owners. We check your particular situation before anything is signed and tell you clearly which timing suits and which steps are needed in which order.
The best time for a change
Many changes take place at the end of the year or after the annual statement, because that gives a clean break. It is not essential, though. What matters are your contractual deadlines and the state of ongoing matters. We plan the transition so that no statement and no open repair is lost between the two managers.
The most common reason for putting off a change is the fear of the effort involved. That is exactly the effort we take off your hands.
What changes for you
For you the effort stays small. We coordinate the handover directly with the previous manager and make sure that no documents, reserve funds or ongoing matters are lost. You receive one fixed point of contact and a clear picture of the state of your property, often soon after the takeover.
Often the reason for a change is dissatisfaction with availability or statements. What good management should deliver is set out in what a property manager does. Whether the step is worthwhile for you is covered in the article on when professional management pays off. Talk to us and we will check your deadlines and plan the transition.