The cost of the professional is only appreciated when replaced by the amateur
Many management companies feel the cost of a managing agent is often an unnecessary expense, and something they undertake themselves.
This assumption may be true, but it is very risky. Firstly you are managing the property on behalf of the flat or apartment owners, who expect the law to be observed, the value of their property to be underpinned and things to happen without complaint.
The challenge for the management committee is that the law is constantly evolving, solicitors will frequently sound alarm bells if a property is not professionally managed, which can impact on sale prices, and actually getting repairs and maintenance undertaken can be a time consuming and complex process.
Appointing a managing agent such as PM Property Services will incur an annual management fee, and charges to manage major projects. But what you get is peace of mind, professional delivery and a knowledge base that ensures your building is both safe and legal.
PM Property will meet with any Management Company/ Committee free of charge, and subject to understanding the scope of the assignment will quote costs on a completely open book basis.