Property management and multifamily buyer agent by the same compa

Multi-Family and Apartment Investing
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Property management and multifamily buyer agent by the same compa

Bomee Kim
Member since 2022 · 3 posts · 2 votes

Hi, I am interested in purchasing a multifamily. Is it beneficial to hire a commercial broker from a commercial real estate agency that also provides property management service and use the same company as buyer's representative and property manager? Are there any downside for doing so?

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  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
    4y

    @Bomee Kim no one will have a more vested interest in you buying a good property than a PMC.

    Everyone else is only transaction based, while a PMC has to deal with the property & tenants EVERY day.

    So, hiring one company to assist in finding a property and manage it MAY be beneficial if they are qualified to do so.

    As always, ask a LOT of tough questions to make sure they can do both well.

    [email protected]248-209-6824
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