Make the Right Decision for Your Home
Partnering with a professional property management company in Virginia provides a number of distinct benefits. Your property manager ensures your home is occupied with great tenants, handles day-to-day operational responsibilities, and keeps your financial records in good shape. Unfortunately, all property managers are not created equal—making the wrong choice could have devastating consequences. Before you sign on the dotted line, use the tips below to choose the right property manager.
Look for Experienced Teams
Any property manager can make big claims about the services they offer, but it takes an experienced real estate team to generate real results. When speaking to a potential manager for your property, don’t shy away from questions about the firm’s experience with other homeowners. An established property manager should be comfortable talking about the challenges of the market and highlighting some of their unique achievements in the management industry.
Don’t Discount Industry Credentials
Property management professionals should be affiliated with industry groups that regulate how real estate professionals operate. A reputable property management company in Richmond will be proud of these credentials, because they demonstrate the firm’s credibility. At the very least, look for accreditation with the following organizations:
- Better Business Bureau
- National Association of Realtors
- National Association of Residential Property Managers
Ask the Right Questions
Stop thinking about property managers as workers who simply perform the grunt work associated with owning a rental home. Instead, a property manager should serve as a trusted advisor. Property professionals are familiar with the ins and outs of the rental market in Virginia, and your manager should feel comfortable giving you advice to help you boost your profits and protect your investment.
Don’t be afraid to ask questions specific to your unit when considering a potential management partner. The right manager won’t simply apply a one-size-fits-all approach to your home.
Look Beyond Price Alone
We get it, prices make an impact on your decision, but the bottom line shouldn’t be the deciding factor when seeking a property manager. Many property management firms use cutthroat pricing and hidden fees while entering a market to entice new customers; but bargain basement managers will always cost you more in the long run. Cheap management leads to headaches like bad tenants, property damage, and lost profits.
Ready to Get Started?
If you’re looking for information on property managers in Richmond, Virginia, give us a call to schedule a free consultation. We’ll be happy to review our customizable packages with you and answer questions you may have about our firm: (804) 299-5100
Highly recommend Keyrenter! As homeowners self-managing our property, we found ourselves struggling to find tenants in the off-season. Calvin and Ashley went above and beyond to ensure the house was in the best condition possible and worked tirelessly to ensure we found the perfect tenants.
J'Tanya I., Satisfied Client
Keyrenter is very organized. I have had several problems with my condo, and Keyrenter has been on top of everything. I can’t say enough good things about the company.
Steve S., Satisfied Client
I'm absolutely delighted with how easy Keyrenter made everything for me. From start to getting a renter into my house, it's all been convenient and simple. Great company, great service, great people!
Lorrie M., Satisfied Client
I happened to stumble over Keyrenter Property Management after being jostled around by multiple property management companies. Not being from Richmond made finding a home even more difficult and Keyrenter was amazing in this process. The communication is great and Calvin and his team have been more than accommodating to my family and I. I would give this 10 stars if I could. Highly recommended.
Zach & Hannah B., Satisfied Tenant
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PROVEN AND TRUSTED
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