5 Reasons to Hire A Full-Service Property Management Company
If you find yourself needing to lease a property but don’t know where to begin – or, if the term “landlord” paints a picture of midnight maintenance calls and unreliable tenants – working with a property management company might be the perfect solution. More than just dealing with repairs and collecting the rent, these companies can be a great way to help streamline your business and free up your time. Check out just a few of the reasons to work with a full-service property management company when leasing your home:
- Promote your property
Property management companies like ours offer a great service during the first stages of leasing your home: advertising. Our agents have a full understanding of local rental rates to ensure your property goes for the right price. We inspect and photograph your property, highlighting its best features for online and offline marketing campaigns, increasing its exposure and guaranteeing renter applications. The biggest benefit of a carefully crafted advertisement is that your carrying cost of a vacant property is considerably reduced.
- Screen potential tenants
Our team has been carefully trained to notice potential red flags on incoming tenant applications; our vetting process improves your chances of landing a reliable, long-term tenant. Additionally, and thanks to the other services we provide, your renters are happier, less likely to look for another place to live, and are more willing to accept reasonable rent increases.
- Respond to and remedy tenant concerns
The main reason homeowners are attracted to property management companies is that they act as the point of contact for tenant concerns. We are available to take calls and address maintenance problems at all hours of the day, limiting a lot of unnecessary stress and worry on your part. Through years of experience, we’ve established working relationships with local vendors, ensuring that your property receives high quality repairs at a reasonable price.
- Ensure the rent is paid on time
One of the biggest perks of working with a property management company is that they can ensure your rent checks are deposited on time. Consistent rent collection is important to receiving payments per the established schedule; we are able to monitor tenant’s timeliness and enforce lease policies if payments aren’t received. If we find that a tenant isn’t paying their rent on time – or at all – we are well equipped to deal with the situation.
- Perform routine inspections
We take pride in maintaining the quality of our properties, which is why we perform routine inspections before, during, and after tenancy to ensure your home is in good condition. We consistently check in and report on the properties we manage to quickly find and repair faults before they become larger, more expensive issues.
In the end, all these processes are structured around you, the homeowner. Teresa Cowart Team looks forward to the possibility of helping you build strong, open relationships with your tenants.