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Qualities to Look For in a Property Management Company

Feb 28, 2024

Property owners who want to outsource tedious tasks or expand their real estate business often find a property management company to work with. These companies can help with everything from streamlining the application process to handling rent and maintenance requests. However, there are a few essential qualities to look for in a management company before hiring them.

 

Adaptability


There are a lot of landlords that invest in these companies to handle their residential properties. According to TrueList, less than 50% of landlords manage the properties they own. Find a company capable of handling the property you need help with. For example, we offer property management support for apartment buildings, residential homes, and condos.


Communication


Clear, concise communication is essential. A property management company should establish a clear line of communication with property owners, such as by email or text message. They should avoid vague sentences and should instead clearly state problems. This ensures you always know what’s happening with your tenants and properties. When you contact us about our services, we will respond to your inquiries on the same day.


Various Services


Opt for a management company that specializes in various services for your properties. The services we offer include preventive maintenance, 24/7 emergency calls, property management, accounting, legal support, brokerage, construction management, real estate development, and condo association services. The company should also help collect rent and maintain good record keeping.


Flexibility


You should always be able to see what’s going on with your property. Our company offers both online appointments and onsite services. We offer services on a month-to-month basis, giving you lots of flexibility and the ability to cancel at any time. We respect that you call the shots in terms of who manages your property and for how long!


Legal Knowledge


An experienced company will know the local real estate laws to ensure you are always in compliance. This includes rules and regulations about maintenance, such as how long you have to fix specific issues. They should also know the eviction process and be able to draft a lease that will hold up in court.


Finding the right property management company doesn’t have to be challenging. We offer services for a wide variety of properties. Contact New England Property Management & Maintenance when you’re ready to learn more.


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