Our International Property Management Branch
"International Property Management Branch"
This new branch of our Agency was formed to provide a Low Cost service to our clients that either have Homes or Condominiums in the Philippines or those desiring to purchase here as a great Real Estate Investment with quick returns.
Basically, our professional services include the marketing, leasing, collection of rent, maintenance and the day-to-day operations for our clients property while they are living and/or working in other countries throughout the world.
Why do I need a Property Manager?- Do you or your relatives in the Philippines have experience managing rental property?
- Are you familiar with all the fair housing and landlord/tenant laws in the Philippines?
- Do you have sound relationships with reputable contractors that can ensure you could get 24 hour service at reasonable prices?
- Can you afford to travel to the Philippines regularly to manage and care for your property?
- Do you have a reliable means to determine the Fair Market Rent on your property?
- Do you know about and have the proper notices and legal process to deal with non-paying tenants?
- Do you have a current, professionally crafted lease and other related agreements/forms used in the Philippines to minimize your exposure to liability should a tenant sue?
If you answered “no” to any of the above questions, it might be prudent to hire a Professional Property Management Agency. The cost of one bad decision could more than offset the cost of hiring a professional manager to help you avoid the pitfalls of rental property ownership.
Why is this important?
The Philippine Real Estate market is extremely competitive. Over the last several years, demand for housing has “grown” and the “supply” has tightened in the markets we serve. Many of the unlicensed “Colorum” sales agents that still abound in the Philippines have moved to small-scale rental/lease management. As a landlord, dealing with someone who is only managing 2, 5, or even 10 properties sounds good until you understand the differences between these unlicensed property managers and the ones we have at Marsh Real Estate Agency.
To complicate matters even more, Real Estate sales and management have the same licensing requirements. Even though Property Management is very different from sales, a Real Estate license allows agents/brokers to do either—or both if desired, but this can be over-taxing for them. In recognition of the significant differences between sales and rentals, Marsh Real Estate Agency is divided into two branches; Sales Branch and the Property Management Branch. This allows our licensed and trained staff to focus on one area only to provide our customers with the best care and solutions to their needs.
Our property managers devote a tremendous amount of time and energy to staying current on rental laws and court practices. They participate in property management seminars, training courses offered by universities and other professional organizations, to stay current on fair housing laws, asbestos issues, housing subsidies and loans, and a myriad of other issues affecting property owners.
Colorum Agents who “do rentals” part-time frequently forgo this ongoing education in favor of playing the odds that “it won’t happen to them”. Most Real Estate court cases stem from rental situations. You never know when a well-meaning but inexperienced or under-educated sales agent and their landlord-client will be defendants in a fair housing case. Judgments in fair housing actions can range into the hundreds of thousands or millions of Pesos! A significant number of cases stem from rental activities and can result in huge awards to plaintiff/tenants.
Can you afford not to hire an experienced, professional property manager?
The Bottom Line: Experience and education count! Our property management team has the experience and resources to deal with situations quickly, efficiently, legally, and with minimal exposure to liability for our landlords.
Why use Property Management?
A Rental Home or Condominium is a big investment. With all the regulations, legal issues and liabilities, it is in your best interest to hire a professional property management company.
Marsh Real Estate Agency, Property Management Branch, has an experienced, educated and dedicated professional staff, and the best accounting system now available on the market.
We are the newest and largest single family dwelling property management division in Metro Manila for a reason – we have the extensive, up-to-date property management services available in all our markets.
So, don't hesitate to contact Doug today, to let him tailor make a Property Management Program for your Real Estate Investment Portfoilio here in the Philippines.
E-mail: marshrealestateagency@yahoo.com
Our Vonage VOIP Telepone # in the USA is: 1-562-366-4272