Join Australia's most dynamic and respected property investment community

When can I change my property manager?

Discussion in 'Property Management' started by samiam, 14th Oct, 2016.

  1. samiam

    samiam Well-Known Member

    Joined:
    5th Sep, 2015
    Posts:
    525
    Location:
    on my way
    yes my PM finds me the tenants ready to move in for a year. when can I change her? Do I have to wait whole year?
    P.S It was my mistake to use the selling agency to manage the rental. when there wasn't any problem, you didn't know how inefficient they were!
     
  2. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    5,578
    Location:
    Adelaide, SA
    Which state is the property in? Different contracts will specify different things.
     
  3. Schmoo

    Schmoo Active Member

    Joined:
    31st Jul, 2016
    Posts:
    29
    Location:
    NSW
    Check your property management agreement. It will stipulate how much "notice" you must give your PM prior to changing to another PM.
     
    DiligentPM and Dean Collins like this.
  4. samiam

    samiam Well-Known Member

    Joined:
    5th Sep, 2015
    Posts:
    525
    Location:
    on my way
    It's in Qld. Thanks
    Will check. Thanks
     
  5. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    5,578
    Location:
    Adelaide, SA
    @MyPropertyPro is a PM in qld and can probably advise on common contract terms there.
     
    MyPropertyPro and samiam like this.
  6. MyPropertyPro

    MyPropertyPro SE Qld Property Management & Investor Services Business Member

    Joined:
    1st Jul, 2015
    Posts:
    224
    Location:
    Australia
    Hi Samiam

    We are a property management investment company based in QLD and if you have signed a Form 6 which is the standard management agreement then the maximum notice is 30 days however it can be basically an immediate handover if all parties agree.

    Most agents won't agree to release the keys and file earlier than the 30 days as that means they are missing out on 30 days management fees however if you have a good reason for wanting to terminate then the agent may agree and be more reasonable and agree that in terms of moving forward it is best for all parties that a quicker handover occurs.

    Jodi