I got to a showing appointment EARLY yesterday so I cruised through the neighborhood and noted the # of FOR SALE and FOR RENT signs.
....I noted a FOR RENT sign on a property I leased 10 years ago. It was being managed long distance by the daughter of the homeowner who was in a nursing home. She MICOmanaged everything about the property from 3 hours away including using a poorly qualified landscaper and painter to do the "make ready". She liked their prices rather than the prices MY qualified service people gave her.
When the tenants I had found moved out 2 years later, she wanted to use my leasing services again. I realized she wanted to MICROmanage the refurbishing and "make ready" services herself and she ONLY wanted me for my LEASING capabilities.
I politely declined and she went to a local real estate agent who did leasing as a SIDEline. The home was vacant for 3 months while she MICROmanaged the repairs and upgrades and it rented to LESS*THAN*PERFECT residents and she called me 6 months later when it was vacant * AGAIN.
I pointed her to a local property management firm; however, she wanted to continue to manage the property herself.
....so yesterday I noted the sign of an area real estate agent/property manager who does NOT HAVE A WEBSITE, uses MLS primarily to rent properties and the unit is REALLY UNappealing from the street * the front yard is overgrown and the blinds are closed.
Obviously, the owner is no longer MICROmanaging the home or it would not look so UNappealing.
Not the actual property photo!
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