Picking a long-term rental property manager can be difficult due to the fact that trust plays a big role in this job. Simply put, there is a lot of room for bad things to happen when you have guests staying at your property for long periods of time. That is why it is important to know the most desirable characteristics when searching for your next partner. Here are the most important things to look for when picking a long-term rental property manager!
Referrals and ratings
When it comes to choosing any property management company, one of the best indicators of their quality is the referrals and ratings they’ve received. Often, one of the best referral sources is people in the rental property business who already have a partner. These companies will have professional experiences that will serve as anecdotal evidence of the quality of the company.
Property manager advertising
One of the most important aspects of property management is how the property will be advertised. Oftentimes, one of the first things you will want to look at is the level of effort the property management company puts into the advertising campaigns. Some of the things to look for when evaluating their advertising effort is the following:
- The quality of the property photos
- Whether specific amenities are listed
- Whether they have specific activities listed that are nearby
Property manager professionalism
Once you have familiarized yourself with the experience others have had with the company and the property manager’s service level, it’s time to look at the company itself. In general, you never want to deal with a company that:
- Has no experience with long term rental
- Does not handle cancellations
- Has not been in business for a long time
- Is unclear in the details of their contracts
Hopefully, this guide has helped you understand the steps to pick a long-term rental property manager. Remember that when selecting a property manager, there is absolutely no rush. As such, take your time and ensure that the company you are hiring is going to be the right fit for your property. Doing so will make the whole management process a lot easier. If you are looking for someone to manage your property in Oviedo, Florida, reach out to Russell properties today!