A common misconception for investors is thinking they need to wait until the lease expires, or until the tenant moves out before they change management teams. But this is not the case – you can change management teams at any point throughout a tenancy, by providing 30 days notice to your current agency.
One of the most ideal times to change agencies is actually before the lease is due to be renewed. This allows your new team to assess the condition of the property, the rental payments and tenancy as well as the rental amount to ensure it is achieving current market value.
The process of changing is simple: