If you’re a property owner, then you know that real estate management is crucial to keeping your investments running smoothly. But how do you find the manager for you and your properties? It can be tricky, but with these top tips, you’ll be able to find the perfect real estate management company for the job. Keep reading for more information!
Visit Their Other Properties
Once you’ve found a prospective real estate manager, it’s time to do your due diligence. This includes visiting some of the other properties that they manage. This will give you a good idea of their style and whether or not they’re doing a good job. If you can’t visit the properties in person, then be sure to ask for photos or videos.
Get to Understand Their Typical Management Agreement
A real estate management agreement is a legally binding document, so you’ll want to be sure that you understand all of the terms before signing anything. This includes things like how much they’ll be paid, what services they’ll provide, and what the termination clause looks like.
Review All Licenses and Certifications
You’ll also want to check that your prospective real estate manager has all of the necessary licenses and certifications. This varies from state to state, so be sure to do your research.
Ask People You Know
Asking friends and colleagues for referrals is a great way to find a real estate manager. If they’re happy with their current manager, then chances are you will be too.
Do an Online Search
There’s also a lot of information available online, so be sure to take advantage of that. You can read reviews, compare services, and get a better understanding of what’s out there.
Interview Several Prospective Managers
Once you’ve done your research, it’s time to start interviewing prospective real estate managers. This is where you’ll get to ask all of the questions that you have and really get a feel for who they are. Be sure to ask about their experience, their management style, and what they would do in various situations.
Get World-Class Real Estate Management from The LaBrada Group
At The LaBrada Group, we specialize in world-class real estate management and would be more than happy to answer any of your questions. Contact us today for a consultation!