Real Estate Developer Devorah Bitran Talks on Choosing the Right Property Manager

PHILADELPHIA, PA, June 26, 2013

A recent article in Property Observer outlines a checklist for finding the best property manager, winning the attention of property manager and real estate developer Devorah Bitran. As a real estate professional in the Boston area, she praises the article's message that trust is a crucial factor in selecting the ideal property manager. The report notes, "For many people, an investment property forms part of their retirement plan. In order to avoid any major cracks in the future, this precious nest egg should be nurtured along the way so it lives up to its promise of financial security when the time is right. This is why it is so important that you select an agency that you can trust to manage your property as if it were their own."

Bitran weighs in on the notion of successful management when it comes to investment property and returns. "Working with an agency that is both devoted and professional is essential," she said. "The agency needs to have sufficient knowledge of all proper legalities and efficient routines to manage everyday demands. It's also important to select a property manager who is goal-driven and someone who enjoys working with people."

The article brings up another determining factor in selecting the right property manager: "Ensuring the property is spotless when a tenant leaves is so often overlooked; with dirty vents, cupboards, light fittings and many small areas missed during a vacate inspection. These issues will just build up over each new tenancy and lead to early replacements. A good agent will also ensure everything is in working order rather than waiting for the new tenant to advise."

Aside from the importance of cleanliness, the report also notes that "communication is key." Bitran wholeheartedly responds to this statement. "As a property manager, I strive to keep tenants up-to-date when it comes to residential news," she said. "It's important to establish those relationships, whether through flyers, news bulletins and other forms of communication. Also, I keep landlords in the loop regarding values and market trends on a consistent basis."

The report outlines a checklist of services every property manager should provide by Rohan Alexander, the associate director of Lifestyle Property Agency. "Be positive, enthusiastic and proactive - there is always a solution," he asserts. Devorah Bitran concurs with his sentiment, noting that "positive interaction is the highest form of customer service." She urges other property managers to engage with tenants through a positive attitude, especially when it comes to upholding corporate policies and procedures.

Alexander adds that property managers should "review the market rent every six to 12 days, depending on the length of the tenancy. The smallest increase will maximize your return." Devorah Bitran imparts her wisdom by mentioning that quality property managers are proactive rather than reactive, maintaining a healthy relationship between both landlord and tenant.

ABOUT:

Devorah Bitran is a dedicated business professional currently residing in Boston, Massachusetts. She is a highly acclaimed real estate developer and property manager as well as a mother to two children. She is a noted humanitarian who encourages others to participate in meaningful humanitarian work. Bitran interacts with youth groups in the area and has a passion for education.