Since 2019, property rentals are up by 3.7%. With a rise in rented properties, you've probably asked yourself whether it's in your best interest to hire a property manager.
A property manager will add to your team in several different ways. Not only will they help save you money, but they can save you time by looking for tenants and spaces.
Once you decide to hire a property management company, the next step will be finding a reputable manager. If you want to know the best tips and tricks to find someone you can trust, then keep reading our guide below.
Look at Their Staff Size
The first thing you want to do is look at a company's staff size. How many people are on their team? The bigger, the better, because that alludes to happy clients who continue to employ their staff or does a smaller boutique team better fit your needs?
You also want to see how many of their employees are local to your area. The company should be able to send out a manager at a moment's notice.
Look at Their Portfolio
How large is their portfolio? If they have a lot of material to show off, then that's a good sign. It means that they've done reputable work that they're proud to showcase to potential clients.
Go ahead and sift through their portfolio to see what types of homes they manage.
Ask Colleagues for Recommendations
Call some friends and colleagues to ask if they have a property management company that they recommend. After all, if they're fellow landlords or property managers, they probably have a solid understanding of the market and can point you in the right direction.
Chances are, they also use the best property management companies, so you can trust what your fellow landlords have to say.
Look at Reviews
About 53% of adults use online reviews as a way to determine what products or services are reputable. You can use these reviews to your advantage and look up honest comments about property management companies.
Type into your browser something like:
- Best property management companies near me
- Property management companies near me
- Area best property management
A localized list of companies should pop up. Read the reviews on each company. That way, you get a better understanding of how happy clients are with their services.
Directories through an organization or government websites will point you in the right direction as well. You can use a website directory like the National Association of Property Managers directory.
All you have to do is type in your name and area, and a list of property management companies should pop up.
Hire a Good Property Management Company With Our Tips
As you can tell, there are several tricks to ensuring you hire the best property manager out there. Remember to look into their portfolio and ask as many questions as you need. References and reviews are also always a fantastic way to get the truth about whatever company you consider.
If you still need a property management company, then San Diego Property Management is here to help. We provide reliable services that'll scout for new tenants and living spaces for you. Feel free to contact us today if you have any questions.