Propery managers in Las Vegas will contract with you and require that you sign a management contract. Be sure that you are reading them carefully! A property management contract in Las vegas should not be viewed as a mere formality, but rather the sole determiner of what services you or will not receive, what costs you will incur and what rights you will have in the relationship.
Choosing to not thoroughly read the property management contract in Las Vegas is no different that choosing to not interview a property manager before you hire them. With property managers in Las vegas they will all seem to sound the same, but be sure that you read between the lines! The contract is designed to eliminate confusion and create a clear mutual understanding of how the relationship will function in all foreseeable circumstances where a dispute could arise.
Don't let positive impressions about the company's professionalism and ethics make you less attentive when reviewing the actual terms of the contract.
The "fine print" in the Property Management contract in Las Vegas may seem like a chore to read through, but not doing so can lead to misunderstandings about fees, the services that are included, the way tenants are treated and what you must do and/or owe in the event you want to end the relationship. Make sure to ask questions about anything that isn't crystal clear. Believe me, our number one complaint from customers coming from other Property Managers in Las Vegas is that they didn't know certain things about the original Property Management contract.
Also, don't wait till the end of your search to ask for the contract; get a copy from each company early on while you are still talking to and interviewing multiple management companies. This way you get a clear picture of what each company is truly offering early on while you have a number of options available.
Be assertive and ask a lot of questions! This is very important when evaluating property managers in Las vegas.
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Kirsten Shafer
888-460-3580
Prudential Americana Group
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