What is Full Property Management?

Many owners and potential clients often wonder what full-service property management Bangalore is. When we say "full service," we're not just using a shopworn cliché. We mean that we offer a complete range of property management services that set us apart from the ordinary.

In this article, we will go over property management Bangalore and the full range of services offered by PropertyAngel.

What is Property Management?

By definition, property management Bangalore is the management of real estate by a third party. The responsibilities of a property management firm typically include day-to-day operations such as marketing rentals, screening tenants, setting competitive rental rates, coordinating necessary maintenance and repairs, collecting rent, managing budgets, and complying with all rental laws and regulations.

PropertyAngel's Full Property Management Explained

When you handover your real estate portfolio to our property management Bangalore services, we make sure to take care of everything, from tenant screening and marketing to rent collection and maintenance. Let's jump into the list of responsibilities:

1. Setting competitive rental fees.

As one of the best property management firms, we know and understand the market and the areas we work in. That's why setting rent is one of our main responsibilities. We perform an annual survey of similar properties in a given area. In this way, we ensure that our rates are attractive to tenants. That's why our customers have confidence in our full property management Bangalore services.

2. Collecting rent

Just as we set rental rates, we are also responsible for collecting rent. Through our tech-enabled property management Bangalore services, we implement a user-friendly system for tenants to make their monthly payments.

3. Finding tenants

Finding tenants requires a lot of research, time and planning. At PropertyAngel, we first analyze the market where your property is located and then devise a strategy to attract the right tenants. We post pictures and videos of your property on social media and various real estate websites to promote it.

4. Screening tenants

Once we generate a flow of potential tenants, we screen these individuals to ensure they are stand-up citizens who will pay their rent timely and respect the premises. Our screening of tenants typically involves a meet and greet, a background check, and/or a credit score check. Our property management Bangalore services have the tools and resources to make this happen.

5. Managing daily complaints

It's bound to happen; every tenant will have complaints at some point. We know how to deal with these complaints in a timely and fair manner. With our full property management Bangalore services, you can avoid the headache that can come with sorting out disputes. ​

6. Arranging tenant move-in or move-out dates, as well as evictions

We arrange both move-in and move-out dates and ensure these dates comply with the signed contracts. In addition, we collect the security deposit and return it upon exit clearance. Also, our property management Bangalore services facilitate evictions legally and fairly.

7. Property maintenance

Property maintenance is an important aspect of our property management Bangalore services. We create a long-term maintenance plan for your property and make sure it meets the legal building regulations. ​

8. Managing the Budget

PropertyAngel is well-versed in comprehensive budgeting. We use the budget to set various quarterly goals. In this way, we closely monitor the income and costs and make quick strategy changes if the existing systems fail. We typically include these costs in the budget:

• Marketing & advertising
  
• Mortgage
  
• Repairs
  
• Maintenance (short-term and long-term)
  
• Administration 
  
• Daily operation costs
  
• Taxes 
  
• Applicable utilities ​
  

Need for Property Management Firms in Bangalore

Are you looking for property management firms in Bangalore? Then look no further. PropertyAngel is a leading O2O (online-to-offline) second landlord platform. We are a Bangalore-based property management company offering professional property management for individual apartments, houses, and villas. We have almost 8 years of experience in property management Bangalore. 

Since November 2014, we have had customers in 95 countries, managed over 1.5 million square feet, and have a 100% on-time rent distribution record.

To know more about our property management services, contact us at (91-80-47095974) or (91-7406484455).