When it comes to owning and investing in real estate there are certain choices that have to be made that will decide the way your property will be managed. The biggest decision to be made is whether you will be managing the property by yourself or if you decide to outsource this to an external agency. This decision is even more important when it comes to owning properties abroad. In the eyes of many, both these options have their pros and cons. With this article, we want to show you 5 reasons why we think that having an agent has some amazing benefits.
1. How much is your time worth
In case you do not have a job and your properties are your main source of income the most important thing you have to consider is how big the return on investment is and if the time spent managing it is worth it.
2. Traveling up and down comes at a cost
Besides this, having to travel to solve your client’s problems would take quite a lot of time, where as a local agent can solve problems a lot faster which benefits the experience of the client and the relationship you have with them.