Choosing a Property Management Service

A Property Management Service is designed to take away the stress and hard work involved in owning a property in which you don’t live.  Whether the property is empty, a personal holiday home, long term tenanted or caters to holiday lettings and whether you live overseas or in Barbados, your property is a valuable asset which needs to be taken care of if it is to retain its value and appreciate, rather than depreciate. A Property Management Service will do just that --  take the same care for your property as you would do yourself if you had the time.   

After you have decided you would like to use the services of a property manager, choosing one is the next most important decision you will have to make, for they will be responsible for looking after your investment. Property Management is a highly skilled and challenging profession.  A good property manager must have an intimate knowledge of the local real estate industry, an understanding of building, electrical and plumbing workings, as well as strong interpersonal skills for liaising between the property owner, tenants and service personnel.  They should be dedicated and resourceful individuals who know their region well, with an extensive list of reliable, skilled personnel to call upon. 

Your property manager should be able to offer a range of services which can include: property inspections, compiling inventories, collecting rental fees, paying bills and taxes, organizing repairs and maintenance, coordinating garden and pool contractors, preparing tenant notices, providing detailed reports, depositing revenue into owner’s bank account, and even arranging refurbishments of a property, if needed.  Property Management companies should be able to tailor a service to suit each client and their needs.

Finally, choose a property manager who offers practical advice and an emphasis on personal service. 

Since 1986, Ron Karp Realty has established itself as dedicated professionals offering personal service paying close attention to our clients’ needs and responding efficiently.  Our Property Management department was established to offer complete peace of mind to our owners that their property will be looked after and maintained in top condition.  Contact us today and let our experience and knowledge of the Barbados property market work for you.   

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