There are a number of things to consider when you are seeking a Sacramento property management company. It’s a good idea to do some research and talk to a few different property managers to find the right fit. You want to find a company that values communication and education and offers you a fair price in exchange for their services.
Property managers spend a lot of time out of the office. They are busy inspecting rental properties, showing homes to prospective tenants and supervising maintenance and repairs. When you’re looking for a property manager, find out who will be available to answer your questions. You want a qualified staff that can get you the information you need as soon as you need it. Ask for the company’s communication policy so you know how quickly you can expect a response to a phone call or an email.
Property management is constantly changing and the laws and requirements involved in owning rental property are always getting updated. Look for a property manager who has a lot of experience and has seen and done it all. You also want to find out what kind of continuing education the company provides. Take a look at the property managers who belong to the National Association of Residential Property Managers (NARPM). This association maintains high ethical standards for its members and they have the tools and resources that property managers need to get certified and stay current in all the property management laws and best practices.
Property Management Costs
Once you find a property management company that meets your requirements for communication and experience, you need to make sure they can operate within your budget. The prices of property management stretch across a wide range in Sacramento. Some companies will charge you a flat rate and others will charge a percentage of your rental income. It’s important that you know what you’re getting in exchange for the price you’re being charged. You need to know if the management fee covers everything, including marketing and advertising and lease renewals. Ask if there is an additional charge when your property manager takes care of utility payments or property tax bills. You might be offered protection against evictions, but that could be extra. Be sure you understand all the costs associated with property management before you sign a contract.
Contact Sacramento Delta if you need additional help searching for a property management company in Sacramento.