What does changing property manager cost?
The change itself is usually straightforward. The costs depend on the contract and open items. We check your situation in advance.
What changing property manager costs
For owners, changing property manager is usually straightforward. What costs arise depends above all on your existing management contract and on open items, not on the change itself. Many owners considerably overestimate the hurdle.
Possible cost items
Costs can arise at a few points, which we check together in advance:
- remaining term or notice period of the existing contract
- outstanding statements or reserve funds not yet accounted for
- effort for handing over the documents by the old manager
Ongoing costs with the new manager
The ongoing management fee with the new manager depends on the property and the range of services. What matters is not to look only at the price, but at the relationship between service and cost. A slightly higher fee can pay off if repairs are steered better and contracts are regularly reviewed for savings. How the fee is made up is set out in the cost of property management in Graz.
Keeping an eye on the old manager's costs
Also make sure that reserve funds and outstanding statements are handed over correctly by the previous manager. This is where the real friction arises, not in the change itself. We check that all funds and documents are handed over in full, so that nothing is lost and no double costs arise.
A change is not a question of price but of quality. The extra cost of poor management is usually higher than any hurdle in changing.
What you should secure
Before changing, establish whether any claims or commitments remain from the old contract. The state of the maintenance reserve fund and ongoing matters with trades or insurers should also be checked. We go through these points with you so that the change is completed cleanly and no hidden costs appear later.
A step worth taking
All in all, a change is rarely a question of cost, but one of quality and availability. Anyone dissatisfied with their current manager often pays for that dissatisfaction in higher repair costs and poor communication. The change then usually pays for itself quickly.
Transparency from the start
We check your situation in advance and tell you clearly what costs to expect, with no hidden items. That way you can decide on a sound basis. The process of changing is explained in the article on how to change property manager. Arrange a conversation and we will settle the details for your property.