Not all tenancies are a match made in heaven. Unfortunately, some tenancies can end in disgruntled terms requiring that agreements are terminated. The following are situations that are best resolved by Property Managers who are trained, equipped and prepared with their professional training and expertise to resolve them.

1.When there is financial stress

One of the most frequently occurring issues in a rental breakdown is that of financial challenges for one of the parties. This can be caused by loss of work, changes in personal relationships or large unforeseen occurrences. This becomes a problem when people who have agreed to a lease find themselves in the position, no longer able to meet that agreement.

Additionally, a landlord may find themselves needing to adjust the current rental agreement. This may come from a shift in their loan repayments, equity changes, or the effects of the rental market.

2.When damage has occurred to the property

Unfortunately, damage to a property of any kind can occur relatively easily. This becomes a more significant problem when the property is a rental. Ultimately, it is the responsibility of a tenant to maintain the property to ensure the longevity of the rental agreement and avoid the loss of bond. Not to mention avoid creating any unwanted tension between the parties.

3.Simple and clear maintenance

Maintaining a rental property can fall into a grey area, in the sense that tenants are responsible to ensure the property is well looked after, while the owners need to provide a functional home. Complaints and requests can become long-winded and time-intensive for owners to have to deal with. Not putting these repairs or preventative measures in a position of priority can cause inconvenience and concern for tenants. However, depending on the issue and the cause, some faults may be the tenant’s responsibility, and then also the financial burden. These conversations can become heated and create a serious strain on the tenant/owner relationship.

4. Choosing the right tenants

For an owner, choosing the right tenants is often a very timely job, that can go very wrong if not done properly and with care. A poor choice in a tenant can throw an owner’s world into upheaval, constantly playing catch-up and putting out fires.



So, in that case, how is it best to keep risks at a minimum?

We recommend calling in the professionals. A Realmark Property Manager is trained and equipped to handle everything from the smallest of repairs to lengthy relationship management.

We have very clear processes for property management, starting with the foundation of clear and effective communication. This goes both for our relationship to the owner, and relationship to the tenant. We ultimately want to see a happy union between these two parties and deliver longevity to the rental agreement.

It is with sound, up-to-date knowledge, proven strategies and superior training that our Property Managers can provide comprehensive advice while focusing on taking care of any issues and concerns that may arise. Customer satisfaction is crucial from both sides of the fence and we aim to deliver the highest satisfaction.

If you think that a Realmark Property Manager could provide value and assistance to your situation, reach out to our team here to discuss your requirements.