More With Moreira: The Business Podcast

Changing Agents

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If you’re leasing your properties, one thing you should avoid is bad reviews from your tenants due to bad management. 

That is why you should make extra effort to look for a reliable managing agent for your property. So, in this episode of the More With Moreira Podcast, Desmond helps you with the process when choosing your new managing agent. The first step, tendering, is the most important. Learn what should you include in your checklist when you’re finally deciding on one. It will make a huge difference if you stick with a reliable professional managing agent. 

KEY TAKEAWAYS 

  • Most of the time, clients can’t specify the reasons they want to switch agents. Desmond asks two important questions if there’s someone inquiring. These are: 
    • What are the three things you’re looking for in a managing agent? 
    • What are the three things you’re not happy with in respect to your current agent? 
      • The first step is to tender. Tendering is a process to select the right company. It’s an important step that you should be cautious about. 
        • Talk to them and try to build a rapport with them. Also, learn what to ask your potential agent. Make sure to cover everything you’re curious about and what you want. 
          • The next step to reevaluate your tender. If you’ve been scouting and talking to a lot of possible clients, compare their answers after you’ve talked to them. 
          • Third, look for existing case studies and ask for recommendations. Desmond does not encourage you to use it as a basis. But it’s a good guide for your pool of choices. 
          • Stray away from bad management. Pay someone who will do great. If you pay them well, they’ll most likely go the extra mile to give their best. 

            • BEST MOMENTS 

            • “Tendering is a key stage. It brings out the key questions.” 
              • “Even at that first instance you’re gonna select them, have a conversation with them.” 
              • “Definitely, you wanna be interviewing face-to-face, meet up at an agreed place… and, actually, have that formal face-to-face.” 
              • “Go for the tender process. Evaluate it carefully. Meet and speak with your potential managing agents. Don’t be fooled by the price.” 

                • ABOUT THE HOST 

                I don’t know how this works, but you’re here now listening (hopefully) about my exciting life, so I’m going to try and make this worth your while. I never got inspired at school, I was too busy trying to impress my peers, chasing girls, and being a fool to get inspired. I rejected school. But let me tell you something for free! That was a mistake! I spent the next 15 years in jobs I hated, with no direction, lacked purpose, and motivation for life. Yes, big words, but that was me in a box. A slave to the system! Fast forward to today, and well, I’m not sitting in my ivory tower or anything, but I love life and my career. Yeah, it’s both painful and exciting rolled and wrapped up into one giant subway, and who doesn’t love subway rite? The point is, you only get one life, don’t waste it pursuing things you care nothing for, invest in YOURSELF and grow as a person, be the best YOU by putting YOU first!  

                CONTACT METHOD 

                • Website: http://desmondmoreira.co.uk 
                • YouTube: https://www.youtube.com/channel/UCo6eVOt1YEQD0dxNkRXevVg/featured 
                • Twitter: https://twitter.com/Desmondmoreira 
                • Instagram: https://www.instagram.com/desmondmoreira  

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                  More With Moreira: The Business PodcastBy Desmond Moreira