Having worked for a number of years for other large property management companies, Brent Manderson and Steve Hawker decided recently that it was time to do something for themselves, to put their own stamp on the industry. That was how they came to purchase Rentworks Property Management.
“Christchurch’s rental market behaves in an unusual manner, quite unlike New Zealand’s other large cities,” say Brent and Steve, the new owners of the successful business. Given this unique environment, it is vital for rental property owners who engage a property management company to have confidence that the company understands the vagaries of the rental market. Between them Steve and Brent have extensive property management experience.
“Our emphasis for the business is on developing real and truly personal relationships with our owners and tenants. Not for us a corporate model of being hands-off and perhaps somewhat disconnected from the day to day property management process. We intend to be highly visible as owners working in the business every day. We invite people to drop in and see us and we certainly intend to meet with all our owners over the next few months.”
The duo know that the reason property owners employ a property manager is because they simply don’t have the time or often the knowledge to do this job themselves. “What we do is take the stress away. We handle the myriad of tasks that go with renting a property, from tenant selection and determining rental fees, ensuring rent is paid on time, and conducting regular maintenance inspections and reports.”
They know both sides of the business – as property managers and as investment property owners themselves.“We understand rental rates; we know the market and we know what it costs to run a rental property, so we are very well equipped to give owners advice about current market rates for their particular property. It is also our job to be up to date with any changes in legislation and regulations that might affect the rental property market and to ensure that our owners are made aware of their responsibilities.”
At present Rentworks employs two staff also highly experienced in property management. “We would like to grow the business and our staff, but that will definitely not be at the expense of our personal services levels. We believe we live in the best city in the country, and there is no other city with the capacity for growth long term that we see in Christchurch.”
For more information, visit 11/337 Harewood Road, Bishopdale, phone 03 359 0308 or