Investing

I’m new to commercial property investing. What do I need ... I’m new to commercial property investing. What do I need to know? 
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What should I look for when choosing a real estate agent to manage my commercial property?

If you've decided that a real estate agent or property manager is going to manage your commercial property, make sure you choose one that will provide you with great service. A good real estate company will save you time, remove hassle, and will help your commercial investment grow.  The following checklist contains questions that will help you to find the right real estate company for you.
  • Does the company have dedicated commercial property managers?
  • How, and how often, will the company keep you updated?
  • Do they seem to have good knowledge of the local commercial and industrial rental market?
  • How many properties do they manage? How many properties will your dedicated manager be managing personally?  
  • What kind of property management systems do they have?
  • Does the property manager have a sound understanding of the appropriate legislation?
  • Does the company make sure it’s staff attend regular training to keep up to date with current trends and practices?
  • Does each real estate office have the support of a large network?
  • What approach does the real estate company take when screening and selecting tenants?
  • Are there formal systems in place for following up arrears?
  • What systems will they use for collecting rent and reporting to the landlord?
  • Can they arrange insurance and payment of all outgoings?
  • How effective is their website and online marketing?
First National has a team of highly experienced property managers, and we welcome your enquiry anytime about the services we can offer you.
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