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Property Management 101: 5 important thing you must know before hiring a Property Finder



What is a Property Finder?

A property finder’s role is essentially to match their client’s list of property requirements with opportunities they research and identify in the marketplace. It may sound simple as it sounds but it does require a lot of work. Exclusive properties sometimes never make it to the open market, so it is important that you are plugged into a number of private property sale networks. This will allow you to identify some of the best homes out there when they become available. And this is all possible with the help of property finders.

Here are 5 important things to consider before selecting a reliable property finder.

Experience

It is important that you research the background of any property finders you intend to hire, also make sure that they have been engaged in their profession for many years. The work of a property finder professional requires extensive skills and many years of experience in the marketplace. So it will be in your best interest to choose experienced professionals.

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What is their track record of success?

A company might have a number of years’ experience in the property market, but they might not have a successful track record, to begin with. Those are two different factors that you need to consider. There are so many aspects of property finding than just simply looking at the websites of estate agents, it involves understanding people, businesses and property prices. It’s about being on top of the networking with some of the top professionals in the industry.

One way to do it is to try the following:

–    Researching independent sources to check how visible they are and where what their clients have commented about their services before;

–    Inquire to see if they have published any case studies or have been referred to by such;

–    Meeting with them in advance and asking for a sample of their work to see their successes in delivering great property finds to previous clients. Client confidentiality may preclude them from being particular to details. However, you should be able to tell quickly whether they are speaking from a real background or just mere speculation coupled with wishful thinking.