Moving from one realestate PM to other ??

Discussion in 'Property Management' started by Aman Mehta, 1st Jul, 2020.

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Do i hold right to move to new Realestate If they not able to let my property for 2+ months .

  1. Do i hold right to move to new Realestate If they not able to let my property for 2+ months .

    0 vote(s)
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  2. Do i hold right to move to new Realestate If they not able to let my property for 2+ months .

    0 vote(s)
    0.0%
  1. Aman Mehta

    Aman Mehta Member

    Joined:
    8th Jun, 2020
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    Location:
    Melbourne
    i got a IP in western suburbs of melbourne , i had one of realestate who is trying to find new tenants from last 2 months , as advsied by agent i changed blinds , paint the house , changed fire alarm as to get right tenants in ASAP, but it is been 2 months no positive response ,as it is my first time of using realestate to rent out proeprty .Do i hold right to move to new Realestate If they not able to let my property for 2+ months .
     
  2. Lindsay_W

    Lindsay_W Well-Known Member

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    QLD
    Why is there a poll for this? :D
    It's your property so I'm pretty sure you have a right to engage a different PM, you might want to look at any agreement you signed though
     
  3. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

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    Location:
    NSW
    Check the MAA (managing agency agreement) you signed with the real estate agency. Look for the clause that has the amount of notice you must give them to terminate their management rights - it is not uncommon to see them have 90 days. Nevertheless, many real estate agencies would let you out of that if you were very unhappy staying with them.
     
  4. Paul@PFI

    [email protected] Tax Accounting + SMSF Business Plus Member

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    Location:
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    Will another REA have any better luck. Over supply, the expected rent, reduced demand all may be factors. Why isnt it renting ? I
     
  5. Megan-Werribee

    Megan-Werribee Member

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    5th Jul, 2019
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    Location:
    werribee
    Hi Aman, you can definitely change real estates agency’s. There could also be many other factors as to why the property isn’t leasing, just as is it being advertised correctly, is your agent showing people through the property quickly. Is the property priced right.
     
    Last edited by a moderator: 2nd Jul, 2020
  6. Mel Morgan

    Mel Morgan Sydney Property Manager Business Member

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    6th Jun, 2017
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    Location:
    Sydney
    Post a link to the ad and we might be able to give you some suggestions. Its either pricing, marketing or agent availability. Or a combination.
     
    Scott No Mates likes this.
  7. Tom Rivera

    Tom Rivera Property Manager Business Member

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    1st Jul, 2015
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    South East Queensland
    100% this!