FAQs
If you’re building or buying to let, a property management service can take care of the rest. Dennys Mbugua, head of property management at Estrug Agencies Ltd, discusses your options:
<p>Landlords, being the owner of their properties, should be able to have the property work for them. We, as the managing agent, will attend to the landlord’s obligations so they are free to focus on other things. Landlords will also benefit from professional advice and an experienced team to look after their properties. Landlords often prefer managed properties so they can be easier to let</p>
Once the landlord has agreed the rental commission fee and service then we start operations as soon as the relevant documents have been provided and the management agreement is signed. Landlords can contact Estrug Agencies Ltd customer care line on +254 708 656 888/+254 703 193 331 or email info@estrugagencies.co.ke regarding any management inquiries and a representative will get back to them within 24 hours
Estrug Agencies Ltd manages property in residential and commercial sectors, from individual units to entire buildings in both leasehold and freehold areas.
Required documentation includes copies of title deed, owners national identity card copies, notarised and stamped power of attorney documents (to allow us to act on the landlords’ behalf).
Aside from the full property management services, we are happy to discuss a tailor made service based on the landlords’ requirements. For example, we can include security and garbage services, etc.
The fee for the full property management service is not fixed but negotiable to logical extents agreed by both parties. Ultimately rental commission charges which range from 5% – 10% , depends on the total projected monthly rental collection and any additional Estrug Agencies Ltd services and fees will be advised and agreed upon by both parties.
Estrug Agencies Ltd optimises the financial performance of a property. We strive for the landlord’s income to be maximised and expenses to be minimised. We aim for the highest possible income while preserving long term integrity. We also achieve a higher occupancy rate because we have a strong leasing team and excellent marketing strategies.
Depending on the type of management service, they can have as little or as much control over their property as they want. We make sure, however, that the landlord is always informed of any important communications with regard to the tenant, the lease, the property, and/or rental laws in general.
We address many issues, but the key points include landlords wanting to evict their tenants without sufficient notice; landlords wanting to increase their rent without considering the Rental Tribunal Restriction Act under the Laws of Kenya; and landlords expecting units to be filled immediately after a tenant vacates, without taking into account market dynamics.
Our Core Services
- Property Management
- Property Sales and Letting
- Real Estate Consultancy