A lot of questions begin to run through your mind If you are thinking about hiring a property manager. Besides the questions of to hire or not to hire, it helps to know what qualities to look for in a professional management team. Qualities like experience, education, good communications, sales and financial skills. Experience and education provide stability and peace of mind. The property manager you are considering to handle your units should have a well established name and be highly trusted in the field. Being a licensed property manager means that person has taken the proper course and passed the state certified exam. Knowing the difference between the Property Manger In Charge and the Broker in Charge is also important.
Being able to communicate effectively is something that a strong property manager must posses. Property managers are making critical decisions on your behalf and you must trust that they are keeping you update on any changes in the residence and tenants. Keeping the peace and settling disputes with tenants is an on going procedure, so property managers must know how to listen, mediate and communicate in a way to resolve conflict.
Sales is an obvious skill that a property manager needs to have in his arsenal. Often times it can be the most overlooked quality because you just assume they know how to sell given there trade. A good salesman knows how to handle every aspect of the sales process from garnering interest in the community to keeping current tenants happy with the living situation. Understanding the business and financial ends are also key.
Hiring a property management company is a personal decision that in the end only you can decide if it is a necessary direction to take. There are a lot of companies that are certified and able to help you with this process. Starting Point Real Estate has been setting an example of terrific service in real estate for 15 years. The staff at SPRE works great with buyers and sellers in the St. Louis and St. Charles area. Check them out today and see all the different solutions they have to offer you.