If you are in the market for a property manager for your single family home, duplex, condominium, or small apartment you may want to read this.
There are many factors to consider when looking for a professional property management company. I believe the first method to use to narrow your search is to see which of the various property management companies show up on the major search engines. I would not be too concerned if they show up using search terms like: property manager, or property management, or professional property manager in (your city). What I would care about is if the vacancies they have show up under searches like rentals in (your city), or houses for rent in (your city), or homes for rent in (your city). Think of search terms a prospectiver renter might use and see what companies listed vacancies show up. Note that the company's own web site may or may not show up. It is their listings that you want to see. They may show up in googlebase.com, craigslist.net, or vast.com, or oodle.com to name a few of the sites that carry property for rent. For my money I want a property management company that is all over the internet with listings, getting me the widest possible exposure. That will help keep my home rented, and rented for more money and hopefully to a better tenant.
NEXT: Selecting a Property Manager Part 2 Communication
Hi Robert, I have started and sold a property management company and managed many rentals. While having a presence on the internet was helpful, I actually had more qualified good tenants find me because of yard signs, local ads and the office location. While getting your property rented quickly is important, finding quality renters and a company who actively manages the property is even more important in my book. I'd rather go an extra month or two with no income then spend four months on an eviction or repairs, etc.