Last updated 12 hours ago
Most people believe that property managers work parallel to agents and brokers, but when the different sectors of real estate intersect, lucrative opportunities develop. When property managers and real estate agents work together, all parties benefit, so look below to learn about the benefits of finding the right property management company:
When teaming up with a property management company, look for one that has a long-standing track record working with real estate brokers and agents.?Make sure they offer a guaranteed referral fee, along with a signed contract associating you with the specific owner and property. This will guarantee that you are referred to for the sale in the event that the owner ever decides to sell the property. A high-quality property management service will also refer back to you in the event that the owner wishes to buy more rental properties. This way, you negotiate and collect on all of the commissions. ??
- Certified Rental Analysis
You will also want to work with a property management company that offers Certified Rental Analyses to their real estate brokers and agents. This analysis provides knowledge of market rental rates,?current rental market trends, and the time it takes to rent a property. Having this knowledge will make you better prepared when it comes time to help your client find the right rental home.?
- Commission on Tenant Purchases
Lastly, you want to work with a property management company that looks out for your best interest. A company that offers a guaranteed rate of commission when tenants decide to buy their rental unit will provide you with another opportunity to increase your portfolio, gain experience, and earn extra money. This service is especially important during a buyer?s market, so ask about this option when considering your property management choices.?
When you choose Management One Property Management, you?ll receive the benefits of all of the above services. To become one of our partners, call (951) 992-1137 today.
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Purchasing property properties requires a lot of money which makes actual locations substantial assets.
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