Interview Advice When Hiring a Rental Management Company

by | Oct 22, 2013 | Property Management

If you are a property owner seeking rental management, it is important to devise a plan for interviewing.  Without having an interview strategy in place, you could miss out on asking questions that will be valuable when making a decision on who to hire.  Here are few tips to better guide you towards having both an informative and productive interview.

Look for Subtle Cues
Professionalism can be measured in the little things, such as attire and demeanor.  When you schedule an interview, if you notice the representatives from the rental company you are meeting with are not dressed professionally, chances are they do not take their jobs seriously.  Attire is important because at an interview, just as you are representing your property, they are representing a brand, and a lot can be said about a brand based on the attire of its representatives.  For example, if you were interested in a firm in Albuquerque and the representatives were dressed in shorts, it would indicate a lack of professionalism on behalf of rental management.  Albuquerque management firms are not excused due to climate or hot temperatures.  Regardless of the location’s climate, representatives of rental management should always present themselves as consummate professionals.

It is important to know what qualifications a rental management company has prior to hiring them.  Going into a management contract without this knowledge could prove to be a costly mistake in the long run.  This can easily be avoided by inquiring about credentials, certifications, and any other qualifications members of the rental company may have.

Daily Tasks and the Management Contract
It is important to ask about how the company goes about performing daily tasks, like rent collection, tenant screening, maintenance, and marketing.  Having this knowledge in tow will provide you a better idea on how the company would perform with your property. Furthermore, thoroughly examine the management contract. Look carefully for fee stipulations that go into effect once you sign the contract. Look for cancellation fees as well as anything that you, as the owner, are responsible for.

Real Property Management is your expert provider of property management services. Go to website for more information.


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