Whether you’ve owned rental properties for years or you’re just getting into the industry, finding a reliable property manager can be a difficult task. With so many people in the real estate industry, it can be difficult to determine who is a good fit for you and your property. But with the right tips, you can find a team that is the perfect fit for you.
At Premier Utah Real Estate, we understand the kind of difference a reliable property manager can make on your property. However, finding a great property management company might be more difficult than you realize. If you want to learn more about how to find the most reliable property manager for your rental property, keep reading to see what our team recommends.
1. Speak to a Real Estate Agent
If you are just starting out your journey to find a reliable property manager for your rental property, it might be in your best interest to start by speaking to a trusted real estate agent. Your real estate agent should have contacts in the industry and know of several property managers in your area. They are an especially helpful resource if you are just getting into owning rental properties. They should have plenty of information about property management companies or may even be involved in property management themselves, making them a valuable resource.
2. Get Referrals and Read Reviews
As you begin looking for a reliable property manager in your area, you should turn to anyone you know who also owns rental properties. Speak to your family and friends about their experience with property management companies to see if they might be a good fit for you as well. If you don’t know anyone who owns rental properties, you should look at the reviews for property management companies. Reading through reviews should help you get an idea of what working with this company is like and if they are a good fit for your property.
3. Interview Multiple Managers
Once you believe you have found a few property management companies that might be a good fit for you, you should schedule an appointment to sit down and talk to them about their abilities. During these interviews, it is a good idea to talk to them about their experience managing properties. You can also evaluate their communication style to see if they work well with you. Before going into the interview, make sure to compile a list of questions to ask. By doing this, you can ensure you won’t forget to ask any questions you might have.
4. Evaluate Their Experience and Expertise
While you might think you have found a reliable property manager, it is still important to evaluate their experience and expertise. Not every property manager is equipped to handle every property. During your interview with them or after you’ve narrowed down your search, determine what kind of property they have experience managing. See if they have experience managing a property similar to yours and ensure these properties don’t go months without tenants. By doing this, you can ensure that you will get the most out of your rental property and guarantee it doesn’t sit on the market for far longer than expected.
5. Review Contracts
Make sure to sit down and carefully review contracts before signing on with a property management company. You don’t want to be blindsided if your property management company doesn’t provide the services you expected or charges you extra for something you thought was included in their base fees. A reliable property manager should be willing to sit down and discuss the contact with you. During this process, you might also want to consider negotiating the terms of your contract to ensure it is a good fit for everyone involved. If the contract doesn’t seem fair or transparent, it might not be the best fit for you.
6. Ask for References
While speaking to friends and family about their experience with property management companies and reading reviews gives you a glimpse into property management, it isn’t the only thing you can do to learn more. Talk to any reliable property managers about their references. You can speak to past and current clients about how their experience with the company went. This might provide you with insights into their management style that aren’t displayed online or are different from the reviews you’ve read. If they are weary to share references, you might want to think twice about working with them.
7. Trust Your Instincts
When you are looking for a reliable property manager, the best thing you can do is trust your instincts. They should be used as your guiding light. If you are speaking to a property management company and things don’t feel quite right, this might be a sign that this isn’t the right company for you. When you speak to a property manager, it shouldn’t be stressful. They should make you feel comfortable through the entire process and demonstrate professionalism every step of the way.
Your Most Reliable Property Manager at Premier Utah Real Estate
If you are looking for a reliable property manager to help you care for your Northern Utah rental property, turn to our team at Premier Utah Real Estate. Our team has decades of experience working in the Utah real estate industry, and we are confident that we are a great fit for managing your property as well. If you are interested in learning more about our experience managing properties or you have any questions about the services we provide, don’t hesitate to contact us today.
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