Property Management
Now that you have decided to test the waters with a property management company, you’re going to want to find the right fit for you and your property. When it comes to choosing a property management company, you should ask yourself several questions with one question being the most important one. Ask yourself, “what can this company do for me and how can it make my life easier?” Consider what your needs are, write them down in a list if you have to, and use that list to evaluate each property management company that you are considering.
You will first want to know if the property management company you are looking at is licensed. The reason you should look for a licensed property manager is because they will have expertise and knowledge of property management that the average person does not possess. From knowing techniques on how to efficiently manage properties to having a vast knowledge of leasing and property rental laws, a person who is certified in property management has all of this information that is just waiting to be used by you.
It is also important to consider your impressions of this property manager. Do you feel like you can trust them? Is this property manager communicative with you, promptly returning your calls and messages in a timely manner? Do they seem to know what they are doing? Do you feel like this company genuinely cares about giving you your money’s worth and keeping you satisfied? Go with your gut feeling and you probably will not be disappointed.
Do you feel like the property manager is competent? This is a key factor for obvious reasons. A highly skilled and competent property manager will get everything done and go the extra mile to meet your property management needs. From selling or renting out your property to maintaining it and communicating with the tenants, we can help you every step of the way.
Our licensed realtors can stage your property to make it look even more appealing to prospective renters and buyers. And we will take care of all of your paperwork. We even have advanced software that keeps everything organized for your convenience.
When owning a property, there are countless issues that can arise, especially when you are renting out the property. What do you do if the last tenant left your property a complete mess? What if your current tenant is always late on rent? These are all questions that a property manager can answer and hopefully resolve in a professional manner.
Even when you are just interviewing a property manager, you can ask them questions about their managing techniques so you can get a better sense of how they operate. How would this person go about maintaining your property? What do they do when a repair needs to be made? Who is the person that does the repairs and how quickly are these repairs made? How does this person screen potential tenants to make sure that they are the appropriate fit for you and your property? Does the property manager run credit and background checks on the prospective renter?
Then there is the matter of rent, which is extremely crucial when it comes to properties that are rented out. How does the property manager deal with late payments on rent? What do they do when a tenant’s rent check bounces? Do they have certain policies for these scenarios? What would they do in the case of a dispute between the landlord and the tenant? How does this person handle the process of evicting a tenant? Dealing with all of these situations requires a good knowledge of laws and rights when it comes to tenant and landlord issues. You may be surprised at how many property managers might answer these questions differently.
When interviewing a property manager, do not be afraid to ask any and all questions that come to mind. It is important that you know how this individual or company would operate if chosen to take care of your property for you. And your property, after all, is a huge investment. You deserve to know whether or not you are leaving it in good, capable hands. Visit our website for info on our Burnaby property management services or give us ac all and schedule a free consultation!
Sutton Select Property Management
101-5512 Hastings St Burnaby
BC V5B 1R3
(778) 329-9966
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