Want to hire a property management company?
At Manatee, we’ve been working in real estate for years in Bradenton and Sarasota, and we’ve worked with plenty of property management companies—some great, some… not so great.
If you’re considering hiring a property manager, here are a few things to keep in mind to make sure you pick the right one!
1. Check Online Reviews & Reputation
- How long has the company been operating in Bradenton?
- What do their Google reviews and testimonials say?
- Do they have case studies or references from other landlords?
If reviews are consistently negative or hard to find, that’s a red flag.
2. Vacancy Rates Matter
If a property management company struggles to find tenants, your rental income will take a hit. Before signing any contracts, ask:
- What is their average vacancy rate?
- How long does it take them to fill vacancies?
- Do they have a good marketing strategy to attract tenants?
A high vacancy rate means you could be losing out on months of rental income.
3. Communication is Key
A great property management company should be easy to reach, transparent, and responsive. Before hiring, have multiple conversations with them. Ask yourself:
- Are they open and honest about their processes?
- Do they respond quickly to calls and emails?
- Do they seem trustworthy?
If they’re dodging questions or seem shady, steer clear.
4. Know the Cost Upfront
Property management fees vary, so ask about pricing early in the process.
- Is their pricing transparent and clear?
- Do they charge hidden fees?
- Are they providing good value for the cost?
If a company dodges pricing questions or their fees seem excessive, consider looking elsewhere.
Hope that helps!
And if you’d rather sell your property fast for cash (instead of dealing with the hassle of hiring a property manager), give us a call at 941-300-6090. We can make you a fair cash offer in just 48 hours and close in as little as two weeks!
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