We specialize in selling multi-family properties, but that’s not all we do. Here’s an example of one of the many things we when we’re managing one of these properties.
Most people know us because of our work in multi-family real estate sales, but did you also know that we do property management? We’ve done this for the last three years in the Phoenix area, specializing in multi-family properties. Today I want to talk to you about what a property manager really does when it comes to leasing.
Property managers do a lot more than what most owners think of. For a property that needs to be leased out, a rental analysis should be completed in order to perfectly price the property. This analysis will involve looking at properties that have recently been rented out or are currently active for rent.
The property should be marketed through multiple websites online, as well as through traditional marketing offline to get it in front of the highest number of potential lessees. In addition, they should make sure the property is able to be seen by prospective tenants on their schedule. They also need to be carefully screening all prospective tenants and getting the past landlord and current employment details verified. Finally, property managers need to prepare the lease, get it signed by all parties, and coordinate the moving costs from the tenant.
If you have any questions or are consider hiring a property management company that does things the right way, don’t hesitate to reach out to us via phone or email today. We look forward to hearing from you soon.