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QUESTIONS TO ASK WHEN CHOOSING A PROPERTY MANAGER

How do I know what is happening with my rental property?

Regular communication is a given. This is really about technology—the backbone of successful property management. Expect regular email updates and a 24/7 online owner portal to view rents, maintenance and all other property activities from wherever you are.

How long, on average, does it take you to fill a vacancy?

Brian's picture

QUESTIONS TO ASK WHEN CHOOSING A PROPERTY MANAGER

3. Does the broker of record work directly with this office?

While experience is critical, so is the quality of that experience. You may want to look closely to see if the broker is representing many offices.

4. Whom do I contact with questions and how quickly will you respond?

While every property manager may make similar promises, ask how they plan to keep their commitments. What processes, staff and resources do they have in place? How quickly can you expect a return call or email when you have a question?

Brian's picture

QUESTIONS TO ASK WHEN CHOOSING A PROPERTY MANAGER

1. Is your company dedicated exclusively to property management?

This complex industry demands specific training and expertise, so avoid a jack-of-all-trades office that attempts to juggle real estate sales, property management and other ventures.

2. How long have you been managing residential rentals?

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