{"id":21514,"date":"2020-10-18T21:51:03","date_gmt":"2020-10-18T13:51:03","guid":{"rendered":"https:\/\/getbutler.com\/?p=21514"},"modified":"2020-11-19T22:37:18","modified_gmt":"2020-11-19T14:37:18","slug":"do-i-need-a-property-manager-or-a-property-agent","status":"publish","type":"post","link":"https:\/\/getbutler.com\/en\/post\/do-i-need-a-property-manager-or-a-property-agent\/","title":{"rendered":"Do I need a property manager or a property agent?"},"content":{"rendered":"<p>What sets a property manager apart from a property agent?<\/p>\n<p>When do you need a property manager or property agent?<\/p>\n<p>Not sure? You\u2019re not alone.<\/p>\n<p>The whole of real estate can be daunting and difficult to understand. Sometimes, you might end up hiring the wrong professional to take care of your property needs.<\/p>\n<p>If you\u2019ve ever wondered whether to hire a property manager or property agent, this quick guide is just for you.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>What does a property manager do?<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p>Generally, property managers focus on the <strong>operational performance of a property.<\/strong><\/p>\n<p>In simpler terms, their top priority is maintaining the state of your property.<\/p>\n<p>Some property managers in Singapore include Jones Lang Lasalle (JLL), Abacus, and BUTLER.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_21515\" aria-describedby=\"caption-attachment-21515\" style=\"width: 973px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-21515\" src=\"https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-1.png\" alt=\"\" width=\"973\" height=\"203\" srcset=\"https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-1.png 973w, https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-1-300x63.png 300w, https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-1-768x160.png 768w\" sizes=\"(max-width: 973px) 100vw, 973px\" \/><figcaption id=\"caption-attachment-21515\" class=\"wp-caption-text\">JLL, Abacus and BUTLER are property managers in Singapore.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Property managers can be hired to oversee all sorts of properties, from modest private residences, to the largest shopping malls.<\/p>\n<p>Some responsibilities a property manager typically has include:<\/p>\n<ul>\n<li>Maintaining accounting records and preparing monthly statements<\/li>\n<li>providing advice on budgeting and expenditure<\/li>\n<li>providing advice on administering property<\/li>\n<li>evaluating and inspecting property infrastructure<\/li>\n<li>supervising contractors during renovation or repair to ensure standards are met.<\/li>\n<li>Ensuring property compliance with key construction standards, such as the Buildings Maintenance and Strata Management Act (BMSMA)<\/li>\n<li>making recommendations on improving a property<\/li>\n<li>securing property insurance against potential risks such as fire.<\/li>\n<\/ul>\n<p>In certain cases, a property manager may also oversee security solutions for a property, as well as evaluate vendors providing such security solutions.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>What about property agents?<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p>Unlike property managers, property agents focus on <strong>property transactions<\/strong> instead.<\/p>\n<p>These are individuals or entities responsible for arranging the sale, purchase or rent of your property.<\/p>\n<p>Property agents in Singapore include Propnex, ERA Realty Network and SLP International.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_21517\" aria-describedby=\"caption-attachment-21517\" style=\"width: 938px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-21517\" src=\"https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-2.png\" alt=\"\" width=\"938\" height=\"258\" srcset=\"https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-2.png 938w, https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-2-300x83.png 300w, https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-2-768x211.png 768w\" sizes=\"(max-width: 938px) 100vw, 938px\" \/><figcaption id=\"caption-attachment-21517\" class=\"wp-caption-text\">Property agents in Singapore include Propnex, ERA and SLP International.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>In Singapore, all property agents are registered with the Council for Estate Agencies (CEA). Before engaging the services of any property agent, it\u2019s recommended to first search CEA\u2019s website to check if your agent is registered with them.<\/p>\n<p>Naturally, a property agent will have a different set of responsibilities from property managers. These include:<\/p>\n<ul>\n<li>Providing advice on your eligibility to buy, sell or rent a property<\/li>\n<li>Providing advice on your property loan options<\/li>\n<li>Providing legal and administrative guidance throughout the transaction process<\/li>\n<li>Arranging property viewings<\/li>\n<li>Representing you in property price negotiations<\/li>\n<li>Keeping you informed on all offers from potential buyers\/sellers\/renters<\/li>\n<li>Offering insight into your property value, usually via a comparative market analysis<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><strong>So, a property manager or a property agent?<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_21520\" aria-describedby=\"caption-attachment-21520\" style=\"width: 640px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-21520\" src=\"https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-3.jpg\" alt=\"\" width=\"640\" height=\"427\" srcset=\"https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-3.jpg 640w, https:\/\/getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-3-300x200.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><figcaption id=\"caption-attachment-21520\" class=\"wp-caption-text\">Depending on your needs, a property manager or agent can provide great support.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Simply put, property managers oversee a building\u2019s condition, while property agents are in the business of transacting property.<\/p>\n<p>You should hire a property agent if you\u2019re looking to buy, sell or rent property.<\/p>\n<p>If you already own a property (or a portfolio of properties) and want a professional to oversee its condition, you should hire a property manager instead.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Also read: <a href=\"https:\/\/getbutler.com\/not-sure-if-you-need-a-property-manager-heres-a-checklist\/\">Not sure if you need a property manager? Here&#8217;s a checklist.\u00a0<\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>BUTLER keeps your properties in top form <\/strong><\/h2>\n<p><strong>\u00a0<\/strong><\/p>\n<p>Owning a spacious abode in Singapore is a privilege \u2013 but having to look after it is a bigger headache for most.<\/p>\n<p>With BUTLER\u2019s finest property management services, enjoy the luxury of a sophisticated home without the hassle of maintenance.<\/p>\n<p>Simply leave your property in our expert care, and come home to effortless convenience every day.<\/p>\n<p><a href=\"https:\/\/getbutler.com\/contact-us\/\">Start your experience<\/a> with BUTLER property management today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What sets a property manager apart from a property agent? When do you need a property manager or property agent? Not sure? You\u2019re not alone. The whole of real estate can be daunting and difficult to understand. Sometimes, you might end up hiring the wrong professional to take care of your property needs. If you\u2019ve [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21521,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2405],"tags":[3500,3501,951],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.4 (Yoast SEO v22.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Do I need a property manager or a property agent? - BUTLER<\/title>\n<meta name=\"description\" content=\"The whole of real estate can be daunting and difficult to understand. Sometimes, you might end up hiring the wrong professional to take care of your property needs. 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