If you’re wondering whether you should hire a professional Long Beach property management company or take care of your investment property on your own, you should consider what you want the leasing experience to look like for both you and your tenant. There are many reasons why a landlord should use a professional management company, especially when it comes to leasing.
Filling Vacancies is a Priority
One of the main reasons to seek professional property management help is because we can fill vacancies faster. Property managers can limit vacancy times because we know how to market rental properties. We understand which photos to use and what kind of features tenants will focus on, such as parking, air conditioning, and laundry facilities.
Professional property managers also understand how and where to market your property. Usually, we have good results with the Multiple Listing Service (MLS), Craigslist, other online platforms, and even yard signs. A property management company knows which websites attract the most tenants. Property managers can also do a better job showing your property. This is our job, and we won’t have to work around other things like an individual landlord must. When your property is vacant, our main job will be to get your property shown.
Consistent Property Management Systems
A property manager will have a system in place for everything. A dedicated person will be responsible for marketing your property. This is automated when you’re working with a management company, and you won’t feel like you’re starting over every time you want to list a home or screen a tenant. Everything moves more efficiently and consistently. Your property is prepared, priced, and listed on the market quickly. This means you get a responsible tenant placed in a shorter amount of time.
Professional Management Benefits for Tenants
Another reason we can fill your vacancy faster is that tenants prefer working through professional property management companies. We occasionally lease properties that we don’t manage, and we found that tenants prefer to rent the homes that do have professional management. They like the idea of our online payment system, and they are more comfortable paying rent to a company rather than a person. They feel like there is less risk because whoever is handling the properties will be familiar with the laws and rules. In today’s world, we know that tenants prefer the security and the expertise of a professional property management company.
Full-Service Leasing Programs
One final reason we can fill your vacancy faster is that once a tenant says that he or she wants to rent your property, we have a system to get that tenant moved in. We know how to screen them quickly and efficiently. We have a lease agreement we use over and over with all the proper addenda to go with it. We know how to get the deal done quickly, and get the lease signed. Your property is filled with a great tenant, and rental income starts arriving in your bank account.
If you have any additional questions or concerns, please feel free to contact us at the Mike Dunfee Group.