Leasing versus property management

[Krish Nair]

Hi,

I have a multi family and use the property manager to lease (one month fees) and also to manage property monthly (% mo).

Is it common to keep the same property management to lease and manage or separate it out? My pm is currently taking one month fees but still taking around 45-60 days to fill up units (no skin in the game to do it quicker)

Looking for guidance, thanks in advance on how to best navigate this as margins are tight.

[Drew Sygit]

@Krish Nair Most PMCs will only do both because an owner, like yuorself, will often try to blame them if the tenant does NOT perform:(
- So, why would they take the heat for a tenant they didn't screen?

This is a BIG issue when it comes to Realtors screening tenants as they have NO SKIN in the game, as after they get their commission they won't have to be accountable for tenant nonperformance issues!
- Also, who do you think has more experience at screening tenants:
--- An agent that screens maybe 1-2 each month and learned how to screen online or from their broker?
--- A PMC that screens 5+ each week and is accountable to the owner if their tenant doesn't perform?

DAYS ON MARKET
We're getting several complaints from owners about why it's taking more than 1-2 weeks to find a tenant! 

That timeline is from 3+ years ago!

What can you see on the chart below?