Selecting A Property Manager
Do You Have a Personal Real Estate Agent? If you’re planning on renting your home, you may have already done some research on your own. Perhaps you’ve checked out similar houses for rent or thought about trying to manage the property yourself.
Yes, you can do all of that on your own, if you have the time and expertise. However, statistics prove that you’ll be more successful in finding a tenant at the right price with your own personal real estate agent.
Your Real Estate Agent Works for You
A real estate agent, especially one who knows the local market well (like I do), can help you secure a tenant, quickly, and make the entire process go smoothly for you. During a consult, your real estate agent will give you the inside scoop on that community, so you know the full story about the rental market. Your real estate agent will also point out desirable features, and potential “issues”, that you might otherwise miss.
When it comes time to negotiate the rental lease and screen tenants, your real estate agent will do this on your behalf. If you don’t have your own real estate agent, you would have to deal directly with the tenant’s who are trying to lease your property but may not qualify. Their concern is their interests – not yours.
Bottom line: Your own personal real estate agent is there for you, every step of the way. At least, that’s how I work with my clients.
What to Look for in a Real Estate Agent
When placing your house in property management, you want a real estate agent who…
- Takes the time to understand your needs and goals, so you have a true partner during your property management journey.
- Explains everything clearly and answers your questions, so you’re never in the dark.
- Has expertise and a track record of success in the local market.
- Knows how to market your property/properties to get you the best price.
- Will advise you on the best price to ask for based on the market.
- Will prepare paperwork and present leases, and skillfully negotiate such things as price, conditions, term, etc. so you get the best deal.
- Will save you potentially thousands of dollars by ensuring you get a tenant quickly minimizing carryover cost(Mortgage).
- Will recommend reputable home inspectors, movers and other professionals you may need.
Next Steps…
The best way to select the right real estate agent, is to meet with him or her in person. Ask questions. See if there is a good fit.
To schedule an appointment with me, please call or email
