Deciding to hire a property manager can be a particularly frustrating process. Perhaps you’ve never managed a property before and aren’t sure what to look for in a manager. Maybe you’ve had a property manager but it didn’t go as well as you’d hoped, and now you’re wondering if it’s still the best option for you.
There are benefits to hiring a property manager, depending on what you are looking for.
At Realty World Harbert Company, Inc., we believe that property management can resolve many of the headaches you experience while managing your own property. Here’s some of what you should consider when debating if you should hire a property manager in Greenwood, IN.
Pros of Hiring a Property Management Company
Industry Experience
A property management company brings years of experience managing homes. Depending on their time and experience in the business, they should have a defined policies and procedures for managing properties.
Most property managers are licensed Realtors, so they have the necessary education and knowledge of the market. They know how to price homes for rent or sale based on several factors. Through theyears, they’ve handled tenant disputes, lease breaks, evictions, and more—situations that can be overwhelming for an ordinary landlord, especially if you have never managed a property before. Property management companies have dealt with these issues and know the best ways to resolve them.
Time Savings
Managing a property is time-consuming. You are on call 24/7, which means you might have to leave your kid’s football game early to handle a maintenance issue. You’re responsible for payments, lease issues, and more.
Hiring a property manager to take on these tasks frees up your time. Taking care of HVAC issues, toilets, electrical work, garbage disposals or water leaks will no longer be your job.
Your stress volume will likely decrease once you hire us.
Hiring a property manager also allows you to move out of state or out of the immediate area.. When you manage your own property, it’s necessary to be close to your home to respond quickly to maintenance requests and perform walkthroughs. We handle that for you, allowing you to live elsewhere.
Efficient Maintenance Response
One of the biggest inconveniences of managing your own property is dealing with maintenance issues that arise at any time. More often than not they are more significant than you anticipated.
We respond to maintenance issues quickly and typically have multiple vendors that can tackle the job. This saves you the hassle.
Shorter Vacancies & Tenant Retention
People often think that once a tenant signs a lease for your property, it is easy from thereon. However, tenants will not stay forever.
Extended vacancy times can quickly decrease your net. You want to get tenant into your home as soon as possible once the current tenant vacates. This is another area we assist you with.
We are skilled at preparing homes for rent and doing so in a timely manner. We are used to tenants vacating and will be prepared to start marketing the home and getting it ready for rent once the old tenant vacates. We are also skilled at tenant retention. Both of us want the tenants to feel like they are in solid, trusting hands. When they have a good experience, they are more likely to renew their lease.
Call us today and let us get started on assisting you! 317-885-8858. Jim Johnson is our Property Manager.
Hiring a property management company in Greenwood, IN, can be a smart move to streamline your property management process and ensure a hassle-free experience. With industry experience, time savings, efficient maintenance response, and strategies for tenant retention, property managers can handle the complexities of managing a rental property, allowing you to enjoy the benefits without the stress.
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