Property management

HAVE YOUR PROPERTY PROFESSIONALLY MANAGED BY PEOPLE WHO REALLY CARE

MEDIUM TO LONG TERM RENTALS

Our Property Management Concierge service will handle the day-to-day operations for your investment property, taking away all your headaches – just think of us as your tenant’s first point of contact for all their rental needs.

Coordinate turnover preparation, such as arranging necessary repairs and cleaning. Facilitate key-transfer, move-in/-out inspections, and provide welcome packages.

Collect rents on your behalf. The net rent amount is deposited into your account in less than two weeks.

Report any maintenance issues to you and address them in a timely manner. The contractors used could be in Signature Residence SA’s network, and if you wish to use yours, we’ll coordinate the minor repairs at no additional costs.

Monthly and yearly financial statements provided, along with invoices and payment records (when requested), to be shared with your accountant.

If a tenant we placed misses a rent payment, we’ll take appropriate legal actions. Their non-payment of rent will be reported to Landlord Credit Bureau, which will then report to the credit agencies. We’ll also coordinate 3rd-party legal professionals to assist your needs.

Detailed bi-annual inspections of the unit in a report documented with pictures, videos and comments.

Notices for upcoming insurance renewals, rental increases, tenants moving, entry into the unit, etc.

EXCLUSIVE SHORT-TERM PROPERTY MANAGEMENT SERVICE

We manage seasonal lets on behalf of an owner, including services such as: meet and greet, cleaning, check-out, ad creation and communication with guests, etc.

In fact, although we’re talking about Airbnb management services we could equally talk about short-stay management services, holiday lettings management services and short-stay management services. Indeed, for the most part, we don’t only rent through Airbnb but also on a range of platforms that have emerged over the past few years whereby we attract and retain mainly our European clientele to the likes of Germany, Switzerland, UK and also the US, to mention a few. And while our trade was less reliant on the internet in the past, it still existed well before Airbnb.

The marketing choice to call ourselves an “Airbnb management service” was made by the management services themselves in order to piggyback the success of Airbnb. This is because it’s the platform that resonates the most with the general public

We take away the hassle from start to finish, so you can sit back, relax, and enjoy the journey while your property earns for you. 

Every day we work with homeowners to help them save time and effort while transforming their property into a stable source of passive income.

So, outsource the grunt work to us, leave Signature Residence SA to worry about marketing, bookings, client screening, the customer’s endless questions cleaning and maintenance.

SO WHAT DO YOU GET AS A SIGNATURE RESIDENCE SA ACCOMMODATION PARTNER?

SET-UP

• Property Inspection
• Ingoing inventory stock count
• Interior design consultation (Optional)
• Setup new listing and go live
• Professional photography
• Create house manual ad recommendations
• Pricing strategy consultation

MANAGEMENT

• Manage inbox
• Manage booking calendar
• Laundry and cleaning
• Guest screening
• Check ins/outs
• Maintenance
• Price adjustments
• Emergencies

FORMALITIES

• Formal agreement with Signature Residence SA
• Formal ingoing and outgoing inspection for duration of mandate

10 REASON TO USE SIGNATURE RESIDENCE SA AS YOUR PREFERRED ACCOMMODATION PARTNER

MONEY, MONEY MONEY

In certain cities, for example, Cape Town, the difference between what you can earn in the long term let and the short term market can be astronomical. But if you don’t have the time or energy to become a host, then those are untapped earnings you will never receive.

In contrast, Signature Residence SA only charge a tiny fee compared to traditional estate agents. That means your costs go down while your profits go up – it’s a win-win situation.

OUTSOURCING MAKES THINGS EASIER

We commonly hear – “I’m away, I can’t manage my property” – but this shouldn’t be your excuse.

If you are someone who travels a lot for business (or pleasure) you may be able to earn a pretty penny on the side. The initial stumbling block is that when your house is vacant, you aren’t there to manage any bookings either. But Signature Residence SA can help you with this!

Many part-time contracts allow you to come and go to your property as you please, but rent it out while you are away to maximize income.

SPEND MORE TIME DOING THE THINGS YOU ENJOY

For most, the main turn-off is the time commitment associated with becoming a host. The constant checking and replying to guests can turn into a second job – with some owners spending up to 40 hours per month on it.

For those that value their family time, it becomes a sacrifice most aren’t willing to make. Management companies exist to take over every stage of your listing and bookings themselves – requiring very little input from the owner.

That means you can put your feet up and watch the reservations come in without losing any precious family moments or having to work any harder than you already are.

REMAIN FLEXIBLE

Some owners struggle to make the transition to hosting on sites like Airbnb, because while they might not use the property all the time, they are unable to rent it out full-time because they still use it occasionally.

Short term renting allows you to let your property flexibly. Service the accommodation and make extra money while you’re not using it, but still continue to come and go as and when you need.

IMPROVE YOUR CREDIT SCORE

If you’re thinking about a new home, an extension or renovation or even buying a vacation rental, extra earnings can increase your annual income significantly which will improve your chances of obtaining credit and loans. By using property management services, you reap all the benefits of additional income, without the hassle of cleaning and servicing your apartment.

PAY OFF YOUR MORTGAGE FASTER

If you’re looking for ways to pay your mortgage faster, renting your vacant property is a side hustle that owners can’t ignore!

Many hosts use the extra revenue to pay off debts, loans and even pay back their mortgage.

However, if you don’t have the time or resources to manage it yourself, using Signature Residence SA can be the key to providing you with an additional income stream which will enable you to make those payments that bit quicker.

KEEP YOUR HOME SECURE

While many owners use agencies to earn some extra cash, others use them out of concern about their property’s security.

If you are going away for an extended period, it can be a worry to leave your home behind unattended. But as well as the benefit of making extra a few extra bucks, the consistent visitors and service people will mean your property will never be left under threat of burglars looking for an empty residence to target.

FUND YOUR TRAVELS

Everybody loves a vacation! But affording a dream trip can be difficult when there are bills to pay at home.

Signature Residence SA work with owners going traveling for a year, to people saving up for their sabbatical. Not only will you earn while you are away, but also given that the money will arrive directly to your bank account – you’ll have funds to spend during your trip, too!

BENEFIT FROM PROFESSIONAL PRICING STRATEGIES

Using Signature Residence SA means you receive full breadth of our services – including price optimisation depending on seasonality.

Our team will benchmark your property against others, and adjust prices to make sure you are maximising your profits.

In most cases, prices fluctuate depending on seasonality and demand. Signature Residence SA will regularly change your price to reflect market demands and trends.

RECEIVE PROFESSIONAL MARKETING HELP

When you Signature Residence SA’s services, you can make sure you get the best marketing strategies for your property.

Much of that marketing job is getting professional photos taken and the description written. The other part is the ongoing communication with past, present and future guests.

In order to stay competitive, you need to be very responsive and reply to guests quickly to secure the booking. We can provide you with the help you need to make sure you are in the best spot to maximize your income.

CONTACT US TODAY

At this time, we’re offering our Concierge Service for properties in select suburbs of the greater Cape Town area only. If you have any questions or are ready to move forward, please contact us at propertymanagement@signature-residence.com.