This question, similar to the previous question, helps you to gauge how well the landlord-tenant relationship would be treated by a prospective property manager. Note that between you and your tenant, a property manager may serve as the mediator, so it is crucial that you are comfortable with their complaint or problem handling process.
Routine inspections are vital to any tenancy agreement and the amount of times it’s done annually will help give you a better peace of mind as a landlord or owner. This question will also show you how well, even after the start of the tenancy, the property manager will look after your property. You may want to check out Fairfax Property Management Company – Rental Property Management for more.
If you have done your research beforehand, this question will help you to determine how well the market is known to a potential property manager, and what they can give. It also gives you the chance to get a better understanding of what your property is worth on the current market. Compare your response with various property managers to see what they are selling and to understand better where your property is on the market.
Asking them this question will not only disclose their property management experience, but will also help you place your property in the best market position. Note their ideas, determine how important they are, and decide whether they can get your property where you want it to be, or not.
Some have small registration fees but a number of secret fees once you have signed up and let them handle your house. Stop being shocked by these fees and ask them to define all the fees for management and operation included in their operation. The more complex their fee structure, the greater likely it would be the headache (and expense).
This is where future property managers are going to try to sell you what they do and how much they differentiate themselves from the competition. It is also the part where, in any working relationship, you measure the intangibles, giving you a clearer understanding of how well they meet your expectations. Listen well, take notes and decide whether they offer what you are looking for.