Author Topic: Managing agent wanted for small sectional title  (Read 127 times)

Offline Steerpike

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Managing agent wanted for small sectional title
« on: March 17, 2017, 12:13:24 AM »
Can anyone suggest a good (from personal experience) managing agent for a small sectional title complex, in JHB?
Failing that, are there any that have very bad experiences and names to avoid?

Thanks.

Offline Trompie67

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Re: Managing agent wanted for small sectional title
« Reply #1 on: March 17, 2017, 03:17:59 AM »
Define small? How many units?

Our HOA use Angor & have found them to be very good. We have 107 properties in the estate, so not small, but certainly not huge either.

Prior to them we used Whitfield. Absolutely useless is the most polite term to use.
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Offline Steerpike

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Re: Managing agent wanted for small sectional title
« Reply #2 on: March 18, 2017, 12:48:57 AM »
Small = 12

Offline Trompie67

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Re: Managing agent wanted for small sectional title
« Reply #3 on: March 18, 2017, 02:51:19 AM »
IMO No need for an agent with an estate that small. The HOA / BC can manage it. Agent fees will be excessive for the value you'll get - which is basically a rent collection service.
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Offline chrisc

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Re: Managing agent wanted for small sectional title
« Reply #4 on: March 18, 2017, 08:47:10 AM »
You need:

Someone with accounting experience
Someone with building or maintenance experience
Someone who can follow up repairs
Someone who can make sure all levies, etc are paid

You do not need a MA for this.  I am a trustee in a block of 8 townhouses and fulfill points 2 and 3.  There is no swimming pool.  The annual expenses were R18000 and that included garden services, some painting, fixing some plumbing.  This way the levy is kept down to R720 a month.  It would be double that if a MA got involved.  Some of them (Trafalgar Properties) are useless, others (Steer and Co) are not bad.  Of course this is Cape Town