How to Choose the Right Property Management Company

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The Efficiency of  An Expert Management Company

Hiring a property management expert can help alleviate stress associated with serving tenants and help your take the burden of day-to-day operations off your hands. Finding out what meets your needs and vetting companies can be tricky if you’ve never used a property manager before. There are a few things you should consider while hunting for the right property manager for your building’s needs. 

A property management company helps ensure the most efficient operation of your building. They can help ensure you are spending money wisely and lower your overall maintenance and overhead costs. In order to choose the right company, it is important to get referrals, visit their other properties, organize interviews, learn about how the company works and understand their tenant service and rent collection methods.

Ask Trusted Sources for Referrals

If you are inexperienced in finding or using a property management company, the easiest place to start your search is by getting referrals. Whether looking online at review websites or reach out to your friends and colleagues in the industry, getting opinions from trusted sources will help you narrow down your options for companies you’d like to investigate further.   

Visit Their Other Properties

You can get a good sense of how effective a property management company is by visiting their other properties. Knowing what to look for on tour of their existing properties will help you know if they are worth the investment.  Are they clean and well-maintained on the inside? Is the landscaping and maintenance on the exterior of the building professionally serviced? Do you see obvious maintenance and repair issues?  Make sure you are inspecting things closely and thoroughly while on your visit.

Set Up An Interview

To really understand how a property management company operates, you need to ask the right questions. An in person meeting can reveal many unknowns about the property management company and allow you to get a best sense for their management style, personalities and overall fit for your business. 

Learn How They Manage Tenant Service and Rent Collections

Feel out their collections process options for tenants and how they handle typical tenant services. Finding the right property management expert that aligns with your needs is critical to ensure you receive rent money in a timely manner.

About Plaza Companies Property Management

Working with Plaza Companies ensures you are working with experts in the real-estate industry geared toward serving your needs. With almost for decades of experience, we have the in-depth market you are looking for in a property management company. 

Ready to stop worrying about your property? Call Plaza Companies at 623.972.1184 or email info@plazaco.com.

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Ready to Get Started?

Whether you are looking to us for management, leasing or development services, we can help you find the perfect space. With almost 40 years of experience, you can trust Plaza Companies to assist you with your real estate needs.

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