Hiring a property manager makes owning a rental property more efficient and less stressful, but you can’t just hire anyone. The company you choose should be professional, well established, and reputable. Finding a great management company doesn’t have to be overwhelming or a shot in the dark, so here’s what to look for in property management companies.
5 Things To Look For In A Calgary Property Management Company
- A Company with a Solid Reputation for Calgary Property Management
Good property management companies have a solid reputation, so look around to see what people are saying. Check the company’s business rating, read online reviews, and interview references.
- A Property Management Company with Procedures for Tenant Screening
Attracting and choosing good tenants is one of the key benefits of property management in Calgary. Ask about the company’s procedures for screening tenants. They should have a formal process in place that includes background, reference, and credit checks.
- An Experienced Property Management Company
Inexperienced managers can make mistakes, like calling an electrician for a minor issue that a handyman could fix. These small errors add up and cost you money. Well-established property management companies with experienced professionals are best able to make smart decisions about your property.
- A Record of Short Vacancies
Ask the company how quickly they are able to get properties on the market between tenants and what their vacancy rate is. Keeping your property filled with happy tenants is key.
- Management Companies with Large Client Bases
A property management in Calgary with no clients is a bad sign. They may have trouble managing rentals. Instead, look for a company with a large client base. This indicates that they are capable and probably are well-connected with local contractors.
Take a load off with property management in Calgary. Look for these things to help you find a professional and reputable company to manage your property.
Mountain Park Real Estate is equipped to help you with all of your real estate and property management needs. If you’re looking to buy, sell, rent or hire a property manager, trust the experts at Mountain Park Real Estate in Calgary and you’ll receive the best possible service. Visit our website at mtnparkpropertymanagement.ca or contact them directly by emailing: [email protected] or calling: (403)-984-4404.