Choosing a Property Manager

Look for Experienced Teams

Any property manager can make big claims about the services they offer, but it takes an experienced real estate team to generate real results. When speaking to a potential manager for your property, don’t shy away from questions about the firm’s experience with other homeowners. An established property manager should be comfortable talking about the challenges of the market and highlighting some of their unique achievements in the management industry.

Don’t Discount Industry Credentials

Property management professionals should be affiliated with industry groups that regulate how real estate professionals operate. A reputable property management company in South Florida will be proud of these credentials, because they demonstrate the firm’s credibility. At the very least, look for accreditation with the following organizations:

• Better Business Bureau
• National Association of Realtors
• National Association of Residential Property Managers

Ask the Right Questions

Stop thinking about property managers as workers who simply perform the grunt work associated with owning a rental home. Instead, a property manager should serve as a trusted advisor. Property professionals are familiar with the ins and outs of the rental market in Florida, and your manager should feel comfortable giving you advice to help you boost your profits and protect your investment.

Don’t be afraid to ask questions specific to your unit when considering a potential management partner. The right manager won’t simply apply a one-size-fits-all approach to your home.

Look Beyond Price Alone

We get it, prices make an impact on your decision, but the bottom line shouldn’t be the deciding factor when seeking a property manager. Many property firms use cutthroat pricing to enter a market and entice new customers, but bargain basement managers often cost you more in the long run. Cheap management leads to headaches like bad tenants, property damage, and lost profits.

Ready to Get Started?

If you’re looking for information on property managers in Delray Beach, Florida, give us a call to schedule a free consultation. We’ll be happy to review our customizable packages with you and answer questions you may have about our firm.