What does a property manager provide?
Are you looking for help managing your property? If so, you might be thinking about reaching out to the property manager who can help you. At the same time, you might be wondering, what exactly does a property manager do?
Take a look at a few important tasks that a property manager might be able to complete on your behalf, and make sure you find the right property manager to help you manage your property.
Market and Fill Vacant Units
One of the most important tasks that a property manager will complete for you involves marketing and filling vacant units. Specifically, property managers can use a variety of digital marketing portals to help you attract as many applications as possible. The more applicants you get, the easier it will be to keep your property filled.
Furthermore, a property manager can help you draw up contracts and make sure your renewal rate is as high as possible. If you have a reliable resident, you don’t want them to move. A property manager can help you make sure that that resident is happy, increasing their chances of renewing their lease when it is up.
Set Rent for Your Property
Of course, you want to generate as much income from your property as possible, but you also don’t want to set the rent so high that you have a difficult time finding someone to rent your property. How do you know what a fair rent is for your property? This is another area where a property manager can help you.
A property manager should be knowledgeable regarding rental rates in the local area. You can work in concert with your property manager to figure out what type of rent you want to charge for your property. That way, you strike a nice balance between generating income and keeping your occupancy rate high.
Handle Maintenance and Repair Requests
A property manager can also handle maintenance and repair requests. If you want to maximize the income you generate from your property, you need to take care of it. That means you need to handle repairs as quickly as possible and perform maintenance on the roof, hot water heater, and HVAC unit. A property manager has connections with local contractors in the area that he or she can use to handle maintenance and repair requests in a timely manner.
Settle Disputes and Complaints From Tenants
Finally, a property manager is also skilled when it comes to handling disputes and complaints from residents. If your resident comes to you with a complaint, you want to address it as quickly and as fairly as possible. At the same time, you are a bit busy, and you might not have the resources to handle it quickly.
A property manager is knowledgeable regarding resident and landlord law. Therefore, you can rely on your property manager to be the first line of defense when it comes to complaints and disputes arising from your residence. If you are looking for a property manager who can help you, rely on our team.
Work With Began and Company for Help Managing Your Property
Clearly, there is a lot of property managers can do for you, but you need to make sure you hire the right property manager to meet your needs. We are Bergan and Company, and we have a significant amount of experience managing properties of all backgrounds. We can use our resources, knowledge, and experience to help you manage all aspects of your property. If you would like to learn more about how we can help you, contact us today to speak to a member of our team.