Get free, no obligation quotes from multiple providers

State Farm Insurance Allstate Insurance Farmers Insurance American Family Insurance Unitrin Insurance Travelers Insurance

SWITCHING PROPERTY MANAGEMENT COMPANIES

Property management companies are there to help renters and landlords with the daily maintenance and complications, like replacing a broken window screen, that come with renting an apartment or house. If you currently own your home but are renting it out, then you may have gone through a property management company. The company will receive a certain amount of your monthly rent in exchange for maintaining it, finding a suitable occupant and handling the day to day dealings with the renters. If you are moving out of town but don't want to sell your house or if you are looking for a way to make some money out of your investment without the hassles involved in renting, then a property management company can help you out.

There are several property management companies out there - some may only be a husband and wife team and they only manage a few properties while others may be multinational companies with thousands of properties to take care of. If you are currently not happy with anything about your property management company, then you do have other options and can easily switch to a different agency.

Comparing Property Management Companies

However, before you make your way down the list of property managers in your area, it is important that you speak to your own company. You may be under some sort of contract in which you cannot simply walk away. If this is the case then it is best to stick it out to the end. If you are not under any contract and are not happy with the services they are providing you then talk to them about it first. Let them know that you are unhappy and that you are thinking about switching to another company. You can expect them to do everything they can to keep you as a client including possibly re-evaluating the way they do their business.

If you are still unhappy with their services then you have the option to switch. However, you want to be sure that you are making a switch to a company that will provide you with better service. It is important to understand what services they do provide and what you are on your own for. That way your expectations won't be too high and the company doomed to let you down. If not, then you might find that you are doing another switch in another six months.

Think about different criteria that are important to you when looking into property management companies - do you want a company that will do everything and leave you out of it or are you looking for regular communication and the ability to make most decisions? Do you want a larger company with years of experience and thousands of clients or do you want to take a chance with the small time managers that only have a few clients on board?

Make sure you do your homework about what services are offered with each company. Read reviews, speak to other owners that are in the same situation as you and keep an eye on what the different big name companies are out there. When you scan the real estate section see if any companies pop out to you and try to figure out why.

When you are switching property management companies the most important thing is that you are connecting with the company that you choose. You want to feel confident in their services and trust them with your house. If you currently don't feel this way with your property manager then it might be time to make the switch.

Learning Center