Here are a variety of other factors to also consider in your decision:
1. Rent Collection – if you have any tenants, then what rents or other monies need collecting by the property manager in Birmingham firm and on what frequency and basis. You can make the property management Birmingham firm’s fee dependant upon the success and speed of this collection process.
2. Arrears – how any arrears with tenants can be dealt with and chased, with a notable difference between residential and commercial property. Any further action against tenants such as court proceedings or bailiff will often be an extra instruction and cost.
3. Insurance – to ensure that appropriate building insurance is in place for the property which the property management company may be able to arrange, plus monitor compliance with any insurers requirements and ensure any premiums can be recharged to tenants.
4. Health & Safety And Statutory Compliance – to advise on how the owner and landlord will need to comply with any Health & Safety or other statutory compliance such as fire regulations, and how this is dealt with directly or through any occupiers and tenants.
5. Repairs & Maintenance - to help arrange reactive or planned repairs to the property in the most effective and cost-efficient manner.
6. Lease Compliance – as part of property asset management in Birmingham to monitor and manage how tenants generally comply with their leases, for example only carrying out alterations or repairs that are permitted.
7. Service Charges – an important part of property management services in Birmingham is to operate an appropriate service charge if applicable to recharge any costs for running the common areas of a property.
8. Lease Renewals & Rent Review – a form of property asset management in Birmingham to agree any lease extensions and new rental levels, although this is often an additional service outside the main property manager in Birminghamagreement.
The type of property management Birmingham firms is also important to determine the level of service you require, for example how large the firm is, or where they are located. You’ll need to carefully consider which type of firm is best suited for your property management in Birmingham but also your requirements as a client, with the previous decision-factors also helping to clarify these. Click Here for more details on how to select the right property management Birmingham firm.


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