Property Management | north lakes

10

MYTHs

About

Changing Agents

MYTH #1

“I have to wait until

my tenant’s lease

ends before I can

change agents.”

fact

A common misconception is that you can only switch agents when a ​lease ends. The reality is you can change property managers at any ​time, even if your tenants are mid-lease. The new agent handles ​everything, ensuring a smooth transition without disrupting your ​tenants.

 Japanese Style Kitchen Interior
Kitchen Room Japanese Style.3D Rendering

MYTH #2

“Changing agents

costs money.”

fact

Many landlords believe switching property ​management agents comes with hidden costs. ​The truth? Most reputable agencies, like ours, ​don’t charge any fees for taking over your ​property’s management. Don’t let the fear of ​expenses stop you from getting better service.

MYTH #3​

“It’s disloyal or unprofessional to change agents.”

fact

Changing agents is simply a business decision. You deserve the best possible service and should feel no guilt about making a switch. If ​your current agent isn’t meeting your expectations, it’s wise and entirely professional to explore better options.

Modern Apartment Interior Design
Kitchen Room Japanese Style.3D Rendering

MYTH #4​

“Changing agents​

is too complicated​

and time​-consuming.​”

fact

Switching agents seems daunting, but the process is straightforward ​and hassle-free. A good property management agency like Ray White​ North Lakes will take care of everything—from notifying your curr​ent agent to handling the paperwork—leaving you with more time ​and pe​ace of mind.

Kitchen With Furniture and Appliances

MYTH #5​

“I need to notify my current agent well in advance.”​

fact

While notifying your current agent is necessary, the notice period is often much shorter than people think. In most cases, 30 days is all ​that’s needed. This means you can move on to better management sooner than you might have imagined.

MYTH #6​

“My tenants might be ​negatively impacted

by the change.”

fact

Landlords worry that switching agents will inconvenience ​tenants, but with a seamless handover, tenants often ​experience improved service. A professional agent will ​ensure smooth communication and consistency, making the ​transition nearly invisible to your tenants.

A Tidy Interior of a House
Minimalist Interior ,Sofa Furniture and Plants, Modern Room Desi

MYTH #7​

“I’m locked into a long-term ​contract with my current agent.”

fact

You may feel stuck in a long-term agreement with your ​current agent, but many management agreements have ​flexible termination clauses. With proper notice, you can often ​switch agents without any financial penalties or prolonged ​delays.

MYTH #8​

“It’s better to stay with my current agent because​ they know my property.”​

fact

Familiarity with your property is important, but it doesn’t mean you have to settle for subpar service. A new agent can quickly get up to ​speed and may bring fresh energy, expertise, and better management practices that benefit both you and your property.

Japanese Interior Design
Contemporary kitchen interior with brown and white furniture. Design and lifestyle concept.

MYTH #9

“I’ll lose control over

my property during

the switch.”

fact

Landlords sometimes worry that switching agents will cause ​disruptions, but a well-organised handover ensures you maintain full​ control. The new agent coordinates the transition smoothly, allowing​ you to stay informed and involved while everything remains on track.​

Modern Living Room Interior

MYTH #10

“I need to inform my tenants before changing agents.”

fact

Communicating with tenants is crucial, but you don’t need to stress over it when changing agents. Your new property manager typically ​handles all tenant communications, ensuring they stay informed and reassured throughout the transition.

Thank you.

We hope that we can help you in your property ​investment journey. Please reach out if you ​have any questions at all.

Brianna Howe

0429 774 826

northlakes.invest2@raywhite.com