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Management Mantra: stay consistent to stay successful
This is good information from one of our property managers at HomePointe.
If there is one thing I learned early on in renting and managing property is that consistency proves successful. We as managers need to be as dynamic as the people we encounter and properties we manage. What separates some of us in this industry is the intestinal fortitude to stay the course and be consistent. Consistent in our marketing and consistent in our management practices. We need to be especially consistent in our strategies and interactions with our landlord clients. They hire us to rent and manage their property by keeping their best interests in mind. Keeping their best interests means doing our job and not allowing anyone else--including the owner client--to move us off the right course in doing so.
I recently had an unfortunate experience with a returning client. 4+ years ago this client moved out of their primary residence and hired me to rent out their property. After 3 years of management they thanked me for finding such a wonderful tenant but now wanted to save money and manage the property them self. After more than 4 years of tenancy with only one resident the client calls to sign up again--the good tenant had purchased a home and moved. We met at the rental and went over ... more
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