WHY SHOULD I CHOOSE PROPERTY MANAGEMENT IN MALAYSIA?

There are 5 benefits for property owner to choose property management in Malaysia.

In Malaysia, there is a changes of business model, for example, you can be a driver registered under Grab, you can rent a working desk with Common Ground, you can even rent out your property as homestay under Airbnb to receive vacation rental.

Other than hotel, tourists started to consider homestay during their travel. Tourists can stay like a local during their trip in Malaysia.

Property management company mainly helps property owner transform their unit to a homestay and take care on their behalf.

Let me share with you the top 6 benefits go for property management in Malaysia.

MAKE THINGS EASIER

When you collect a bare unit from developer, you can go for 2 choices, either rent out or sell the property. In order to rent out your property with a good price, you will choose to touch up the unit by yourself or renovator. You may need to be there all the time to monitor the process of renovation and this is very time consuming.

For those property owner who stayed at oversea, it will be pretty hard for them to monitor the process of renovation.

This is why property management come into the pictures. They will be a team to fully take care the unit, from A to Z and they will update you when it needed. This will make things easier and you can sit back and relax.

GENERATE VACATION RENTAL TO PAY OFF YOUR LOAN FASTER

Some of the property owners leave their unit empty and they may need to bear fees such as electricity, water, maintenance, etc. every month, why don’t consider turn your property to a homestay and rent it out to earn additional income?

Property management team can helps property owner list their property to online travel platform.Once your property being listed in online travel platform such as Airbnb, Traveloka, Agoda, Expedia, HomeAway, etc, your listing will be explore to the tourists all over the world for booking.

As i mentioned earlier, tourists started to look for homestay when they are looking for accommodation for their trip. They will book from online travel platform and pay. This will generate additional income to property owner which will enable you to pay off the mortgage loan faster.

KEEP YOUR GUEST HAPPY AND SATISFY

When you received a booking from online travel platform, you may need to contact guest to share all information such as how to check in, how to check out, where is the homestay, etc.

Guest will ask questions to the host and they will expect instant response. If you are not free to answer question or manage guest expectation, i will strongly recommend you to look for property management team to manage your guest.

Keeping your guest happy and satisfy is very important as this will affect your listing’s rating in all the online travel platform.

KEEP YOUR HOUSE IN GOOD CONDITION

We commonly hear – ” I need to touch up my unit again after i rented out my unit to a tenant for a year.”

There are some of the tenants do not take good care of the unit when they are staying. This will bring troubles to the property owner as they need to spend an amount to do a touch up or repurchase furnitures and electronic appliances.

If you decided to appoint property management company to manage your property, they will do an instant report to you if they found out there has maintenance needed to do upon guest check out. You can even request the team to help you on the maintenance and you do not need to travel down to your unit and fix it your own.

This will be able to keep your house in good condition as you can fix this issue quick and you will be able to visit your house if there has no booking to make sure your house keep in good and tidy condition.

Even after you decided to rent out your unit to a tenant, you do not need to spend a huge amount to do renovation or touch up.

SAVE YOUR TIME

To manage a homestay, it will be a very high commitment for a property owner. You need to be 24 hours stand by for your guest as they might face some problems during their stays, such as air con leakage, tv not functioning, lost house key or access card, having difficulty to access to the unit, etc.

If you failed to manage guest expectation, they will give low rating and it will definitely affect your listing in online travel platforms.

With a property management team, property owner can save your time on doing your own things and leave the mess to the team. They have a team to serve guest better and provide solutions to guest when they face any problems.

When guest happy with your service, your rating will be good and it will be opportunity to turn yourself to a SUPERHOST. With superhost title, your listing will be visible easily to all the guests.

FLEXIBLE

Since the property is belongs to you, when your friends or family wants to come to Malaysia for travel, you can definitely rend out your unit for them for a short stay.

I believe property management company will be happy to serve your friends or family with a cheap rate upon your request.

Some of the property owners will choose for this service as they stay in oversea and they want to stay in their unit if they back to Malaysia from oversea. With this service, it will create flexible to property owner and they can always back to their unit to have a look.

If you are lack of time to manage your property and take care of your guest, it will be strongly recommend you to go for property management in Malaysia. They can take good care of your property and host your guest.

To understand more about property management service in malaysia, you may refer to www.fav-space.com or facebook/instagram (favspace2018).