If you are a recent entrant into the income property market, you are going to need to hire a property manager to attend to the properties in a professional manner. How do you begin your search for the best in property management in Boca Raton?
Referrals:
Real estate agents deal with property managers frequently and they are able to separate the good ones for the bad ones. You can also ask other investment property owners who they use and what experiences they have had, good or bad. However, take all referrals with a grain of salt, perhaps someone dislikes the manager for personal reasons and they of course will give a bad referral. On the other hand, however, maybe the person is trying to get their friend a job so they are willing to say the right things in order to secure the job for their friend.
On-line search:
It’s easy to get a listing of property management companies in your area; they of course will promote themselves as the best. Check with the Better Business Bureau and sites such as Yelp that review companies and their past performances.
Check their work:
If they are good, they will be advertising and marketing the properties of their current accounts. You will now need to ask yourself, “Are the ads compelling?” and “Do they make you want to see the property?” and “Are they free from any comments that can be considered discriminatory?” It may come as a surprise, but the statement “suitable for young single executive” contains two discriminatory words; ‘young’ is age discrimination and ‘single’ is status discrimination.
Go to the actual properties and find out if they are they clean and well cared for. Talk to the tenants of properties they currently manage, are they happy or dissatisfied? If their tenants have a complaint, is it handled professionally and in a timely manner? These are things that a professional property management in Boca Raton pays particular attention to.
Interview several candidate companies:
The best property managers interview several tenants before they lease a property, therefore, they should not be surprised when you interview several management companies. This is a big decision as you are about to entrust an asset worth many thousands of dollars to a stranger. During your interview, you will be able to separate the wheat from the chafe; a good property manager has a good track record with property placements and minimum problem tenants and evictions. During the interview, question their credentials and their familiarity with local and state laws as they apply to rental property.
Confirm their license and certifications:
Most states demand that a company offering property management in Boca Raton have a real estate broker’s license or a property management license. Ask to see them and then check with the real estate commission to ensure their current status and if the candidate can show certificates that indicate continuing education, all the better.
When you entrust your property management in Boca Raton FL to Real Property Management – Boca Raton you have made the best possible choice. With 25 years experience behind them, they have seen it all and know how to cope. Contact them at 800-365-1275.
