Whether you’re a homeowner or rental property owner, it’s always a good idea to partner with a professional property management firm in South Florida. Property management agents take on your tasks, saving you a ton of time and money every year. They’ll maintain your property according to your requirements, freeing you of the stress that comes with property management. In this post, we will explore the various services you can expect from an expert property management firm.
Why Homeowners Should Hire House Management Services
Here are a few of the services provided by a professional home management firm:
1. Look After Their Home While They’re Away
Their main task is to stay on top of property maintenance. From watering the plants to keeping an eye on potential problems like leaks, property management agents will oversee everything for you. They understand that each property has distinct needs, which is why they create a custom maintenance plan that suits your property to a T. Plus, if you have any scheduled repairs, they can supervise the work and relay your instructions to the respective vendors (this is also called contractor waiting).
2. Make Sure the House Is Safe
Empty properties are very attractive to thieves. If you’re going on a long trip, it can be a good idea to hire a professional to be your reliable eyes and ears while you’re away. While you can always ask a neighbor to keep an eye on your property for you, note that they may not always be around. A property manager, on the other hand, will dedicate their time to your property’s needs. Their presence alone can deter would-be burglars and prevent your property from being a target for vandalism.
Property management companies also protect your property in case of an impending disaster such as a flood, tornado, and more. If you’re far from home, you can rest assured that the pros are making sure your property (and your other possessions) are safe and sound.
3. Prepare the Property For Their Arrival
Perhaps you have a second home that you don’t visit as often. A property management company will not only look after your home for you – they’ll also make sure that it’s always ready for your return. They’re aware that you can return at a moment’s notice – and at times, unannounced – which is why they always stay on top of maintenance and repairs. That way, you never have to return to an untidy abode.
In addition, if you’re returning for the holidays, you can count on them to decorate your home. This will allow you to spend time with family rather than wasting it on holiday-related errands.
4. They Run Other Errands
Aside from house maintenance services, a home management firm also offers assistance for other errands. For instance, if your car is scheduled for a tune-up, you can count on your dedicated property manager to do that for you. Or, if you’re planning a long-distance move, they can help coordinate moving vans on your behalf. They’re your trusty assistants.
Why Landlords Need to Hire a Rental Management Company
Now that you know what house maintenance services a property management company provides to homeowners, let’s take a look at what services landlords will receive:
1. Ensure You Have Responsible Tenants
If you aren’t sure who to rent to, get the professional guidance of a property management firm. They will screen all potential tenants to provide you with peace of mind, knowing that your renters will pay their rent on time, take care of your property, and more. They’ll conduct a credit report, confirm their employment, and collect references from each tenant’s past landlords. This will enable them to make sure your tenants aren’t a risk to their neighbors or other tenants. After all, if you have good tenants, you can reduce the chances of vacancies, saving you time and money in the long run.
2. Protect You From Lawsuits and Pitfalls
As a landlord, you need to follow certain rules and regulations when it comes to operating your rental property. While you can learn the law yourself, it can be difficult to do so, considering that you’ll probably want to spend your time on other things. Property management agents are well-versed with all laws, allowing you to avoid legal issues down the road. For instance, they understand that you shouldn’t discriminate when deciding whether or not to rent to a certain tenant. They’re also aware that, in the event of an eviction, you can’t simply remove a tenant from your property. Having this knowledge will be what saves you from possible lawsuits.
3. Acts as a Liason Between Landlords and Tenants
Attending to tenant concerns can consume most of your time. Tenants will call in the middle of the day to report an issue, or worse – they’ll call you at dawn to complain about a noisy neighbor. When working with a property management company, you can delegate all tenant-related tasks to them. Since you no longer need to attend to your tenant’s needs, you can spend your time on more important matters.
4. They Stay on Top of Repairs and Maintenance
Property maintenance is a year-round task you shouldn’t postpone. Failure to maintain your property, and you’ll put it at risk of costly repairs. For example, if you fail to fix a leak, it could lead to water damage, which can cost you thousands of dollars. That’s precisely why it’s so important to stay on top of property maintenance.
A company that provides house maintenance services stays on top of your home’s to-dos. They’re guided by a seasonal maintenance plan that ensures every aspect of the property is well-maintained, and that regular repairs are done to mitigate damage.
These are only a handful of the reasons why you need to hire a professional property management firm. To get the full gist of what they provide, you’ve got to experience it for yourself. At Luxury Property Care, we provide expert property management services to South Florida homeowners and rental property owners. Whatever your property needs, we’re prepared to provide.