Top Tips For Finding the Perfect Phoenix Property Manager

When searching for a property manager in Phoenix, Arizona it’s important to consider a several things to ensure you are making the right choice. Essentially you are interviewing someone for the job of looking after your property when you decide you no longer cannot. A good property manager can save you lots of time, effort and money. However, a poor property manager can neglect you property, source it with bad tenants and even create housing violations in your name. The reasons to hire a property manager differ from one owner to another. Regardless of why you have decided to hire a property manager, here are some quick tips to get the most bang for your buck.

Track Record: Determine how much experience is worth to you. A property manager with a long history of success, few complaints and many satisfied building owners, is a good place to start. However, a long track record doesn’t always equate to success. A young energetic and growing property management firm might just work hard to get and retain your business.

Qualifications: Check the credentials of everyone you interview. Ambition and the desire to make clients happy has the ability to impress just as much as a wealth of experience. However, one thing that must be there is the qualifications of the property management company and its individual managers. Be certain they have been professionally trained to take on the role as your next property manager. Experience is one thing, training is another.

Maintenance: Check the track record of the company’s maintenance affiliations. Phoenix property managers have a wide array of choice in maintenance companies, contractors and repair services. The last thing you want is for your tenants to wait days for repairs. A quality maintenance team addresses problems quickly before they become a crisis.

Tenant History: As a landlord you value nothing more than good, honest and reliable tenants. The type that treat your property as if it was their own. Look closely at the tenant-client history of these property managers. Tenant retention means satisfied renters in many cases. This also means the property manager is keeping the property in good shape and maintaining it enough to make tenants stay. A good renter will appreciate this type of effort leading to on-time payments and longevity.

References: Just as you did when you applied for a job, references are worth their weight in gold. Talk to other property owners in Phoenix and see who they use. Interview them and ask questions about price, services, reliability and track record. Get the information straight from the client themselves. You are more likely to get an honest assessment of the property manager in many cases. Never underestimate references in your search for a property manager in the Phoenix area because there are many companies competing for your business.

Cost: In the world of property management many Phoenix-based companies will charge a fee ranging from 5 percent to as much as 20 percent per month. Be wary of what services you are paying for and compare multiple quotes. You can easily overpay for less services than that of another company who might provide you more for your fee. Stack up and compare, then decide which services are worth more for your property’s particular needs.