{"id":21514,"date":"2020-10-18T21:51:03","date_gmt":"2020-10-18T21:51:03","guid":{"rendered":"https:\/\/www.getbutler.com\/?p=21514"},"modified":"2020-11-25T05:17:15","modified_gmt":"2020-11-25T05:17:15","slug":"do-i-need-a-property-manager-or-a-property-agent","status":"publish","type":"post","link":"https:\/\/butlermag.com\/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<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/butlermag.com\/do-i-need-a-property-manager-or-a-property-agent\/#What_does_a_property_manager_do\" title=\"What does a property manager do?\">What does a property manager do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/butlermag.com\/do-i-need-a-property-manager-or-a-property-agent\/#What_about_property_agents\" title=\"What about property agents?\">What about property agents?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/butlermag.com\/do-i-need-a-property-manager-or-a-property-agent\/#So_a_property_manager_or_a_property_agent\" title=\"So, a property manager or a property agent?\">So, a property manager or a property agent?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/butlermag.com\/do-i-need-a-property-manager-or-a-property-agent\/#BUTLER_keeps_your_properties_in_top_form\" title=\"BUTLER keeps your properties in top form \">BUTLER keeps your properties in top form <\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_does_a_property_manager_do\"><\/span><strong>What does a property manager do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/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<div id=\"attachment_21515\" style=\"width: 983px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-21515\" class=\"size-full wp-image-21515\" src=\"https:\/\/i0.wp.com\/www.getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-1.png?resize=973%2C203&#038;ssl=1\" alt=\"\" width=\"973\" height=\"203\" title=\"\" data-recalc-dims=\"1\"><p id=\"caption-attachment-21515\" class=\"wp-caption-text\">JLL, Abacus and BUTLER are property managers in Singapore.<\/p><\/div>\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><span class=\"ez-toc-section\" id=\"What_about_property_agents\"><\/span><strong>What about property agents?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/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<div id=\"attachment_21517\" style=\"width: 948px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-21517\" class=\"size-full wp-image-21517\" src=\"https:\/\/i0.wp.com\/www.getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-2.png?resize=938%2C258&#038;ssl=1\" alt=\"\" width=\"938\" height=\"258\" title=\"\" data-recalc-dims=\"1\"><p id=\"caption-attachment-21517\" class=\"wp-caption-text\">Property agents in Singapore include Propnex, ERA and SLP International.<\/p><\/div>\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><span class=\"ez-toc-section\" id=\"So_a_property_manager_or_a_property_agent\"><\/span><strong>So, a property manager or a property agent?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<div id=\"attachment_21520\" style=\"width: 650px\" class=\"wp-caption alignnone\"><img decoding=\"async\" aria-describedby=\"caption-attachment-21520\" class=\"size-full wp-image-21520\" src=\"https:\/\/i0.wp.com\/www.getbutler.com\/wp-content\/uploads\/2020\/10\/property-manager-or-property-agent-3.jpg?resize=640%2C427&#038;ssl=1\" alt=\"\" width=\"640\" height=\"427\" title=\"\" data-recalc-dims=\"1\"><p id=\"caption-attachment-21520\" class=\"wp-caption-text\">Depending on your needs, a property manager or agent can provide great support.<\/p><\/div>\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:\/\/www.getbutler.com\/not-sure-if-you-need-a-property-manager-heres-a-checklist\/\" target=\"_blank\" rel=\"noopener\">Not sure if you need a property manager? Here&#8217;s a checklist.&nbsp;<\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"BUTLER_keeps_your_properties_in_top_form\"><\/span><strong>BUTLER keeps your properties in top form <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>&nbsp;<\/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:\/\/www.getbutler.com\/contact-us\/\" target=\"_blank\" rel=\"noopener\">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":22226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[790],"tags":[161,160,57],"jetpack_publicize_connections":[],"acf":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/butlermag.com\/wp-content\/uploads\/2020\/10\/Inspection_Butler-Magazine-Feature-Image.jpg?fit=1080%2C1080&ssl=1","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/posts\/21514"}],"collection":[{"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/comments?post=21514"}],"version-history":[{"count":2,"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/posts\/21514\/revisions"}],"predecessor-version":[{"id":22229,"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/posts\/21514\/revisions\/22229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/media\/22226"}],"wp:attachment":[{"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/media?parent=21514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/categories?post=21514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/butlermag.com\/wp-json\/wp\/v2\/tags?post=21514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}