The Advantages of Outsourcing Maintenance and Repairs for Strata and Property

Are you researching ways to reduce real estate maintenance and repair costs? Managed services with access to a network of professional trades have been gaining popularity and could be the solution you are looking for to reduce the drama of strata and property management. 

This increasingly popular way of handling maintenance and repair tasks significantly benefits strata and property owners and managers. But how does it contribute to business growth, and can it streamline your real estate operation? 

Due to administrative issues, Strata and body corporate managers can find it challenging to upkeep and repair their properties. Onboarding and managing multiple maintenance solution providers create real headaches for maintenance managers. 

There is the increased possibility of receiving subpar work as each provider adheres to their own standards. In addition, multiple contractors mean spending more money on substandard work that exceeds deadlines. Since body corporates hold legal accountability for maintaining their buildings, failure to manage issues arising from poor maintenance can result in substantial legal consequences.  

Outsourcing could be your secret weapon as a property manager, whether overseeing a stratum, a corporate body, or real estate agencies. This article will explore five fantastic advantages that outsourcing can offer to improve performance and mitigate risk. 

Cost Savings 

The first significant benefit most businesses will be focusing on is cost savings. The constant recruitment of in-house staff, their salaries, and the costs associated with training and annual leave are all part of your overhead. 

You eliminate many of these expenses by outsourcing your maintenance and repairs. In addition, your administration costs will be drastically reduced because you now only have one monthly invoice to process. 

The same applies to purchasing and maintaining equipment – another hefty cost. 

Scalability and Core Business Focus 

As your property business grows, your needs will change. Maybe you'll acquire more properties or expand across the country. An outsourcing partner can adapt to your growing needs. This scalability allows you to handle increasing workloads without compromising service quality. 

Additionally, outsourcing enables you to focus on your core business operations. While the outsourced team handles maintenance and repairs, you can focus on critical operational tasks, such as collecting rent, assisting tenants, and strategic planning for business growth. This optimized workload distribution can significantly improve efficiency and productivity, helping your real estate business thrive in a competitive market. 

By incorporating outsourcing into your business model, you're setting up your real estate business for success. With improved cost efficiency, expert assistance, scalability, and more time to concentrate on what truly matters, outsourcing might be the key to your business' next level of growth. 
 

Expert Knowledge 

The current economic climate means getting good help is harder to find than ever. Fortunately, one of the standout benefits of outsourcing is tapping into a deep pool of expert knowledge. Outsourcing companies bring with them a wealth of specialised skills. 

HVAC, plumbing, electrical work, and more – these are all fields requiring significant expertise. A managed service offered by Ticked Off has already vetted the best professionals for the job, whether it's plumbing, electrical, refrigeration, or whatever you need. 

When you use managed services, you gain instant access to qualified, licensed, and insured experts in these areas. It's a much more reliable system than settling for whoever is available or using Airtasker and “rolling the dice” on job quality. 

Compliance and Safety 

Outsourcing delivers more benefits than saving money and tapping into expert knowledge. It can also help you keep your real estate business compliant with the many state and federal regulations. Maintaining compliance has the added benefit of ensuring your tenants a comfortable and safe environment. 

The real estate industry is heavily regulated, and falling behind in compliance can result in hefty fines and a damaged reputation. The right outsourcing partner stays up-to-date with the latest regulations and safety standards, ensuring all work is performed according to local and national laws. You can even check before hiring or relax knowing that we’ve got compliance covered. 

Furthermore, these providers understand the intricacies of owner's corporation and body corporate management, recognising the importance of safety in all operations. Thus, outsourcing real estate services can help avoid potential liability and ensure a seamless and safe environment for all. 
 

Improved Quality of Work 

Outsourcing is no longer just a cost-effective solution; it's a quality solution. The real estate industry, particularly regarding strata managers and corporate body managers, can significantly benefit from improved quality of work. Unlike managing multiple contractors, partnering with a single outsourcing provider ensures consistent, high-quality services. These providers have a reputation to uphold and are committed to quality work. 

Outsourcing real estate services to a single external provider reduces the risk of substandard work and missed deadlines. With their quality services, you can know that your properties are well-maintained and compliant with codes and standards. This gives you more time to focus on other crucial aspects of your real estate business, such as tenant management and business operations. 
 

Maintain Your High Standards by Outsourcing with a Reliable Partner 

Outsourcing maintenance and repairs is a game-changer for strata and property owners. There are good reasons why outsourcing is a growing trend for strata and property maintenance; it helps streamline operations while saving money. 

The benefits of outsourcing are plentiful, from cost savings to expert knowledge, increased efficiency, and improved quality of work. You can focus on other vital areas of property management by utilizing the right outsourcing strategies and selecting the right people for your needs. 

So, if you're a property manager or part of a real estate business looking for alternative solutions to your maintenance challenges, please don't hesitate to explore what outsourcing can offer. With Ticked Off as your outsourcing partner, you can access flexible maintenance and repair options that will always align with your business needs.