I was wondering, how do you deal with bad communication from the "standard Property Management Company"? It seems that every piece of information I need has to be asked for 3 times. Let's not start with "sudden" repairs, fees, and delayed tenant placement practices. How do you "Manage the Manager"?
2) Bad/Missing Procedures and Processes
- UNBELIEVEABLE how many owners NEVER ask about HOW a PMC is going to specifically advertise a vacancy, screen applicants, what documents they will provide, etc. Instead, the #1 question is, "How much do you charge?" đ
I was wondering, how do you deal with bad communication from the "standard Property Management Company"? It seems that every piece of information I need has to be asked for 3 times. Let's not start with "sudden" repairs, fees, and delayed tenant placement practices. How do you "Manage the Manager"?
You really shouldn't have to, "manage the manger"đź
In our opinion, you just want to understand what's going on with your property(s) and look for honest mistakes they may make.
We had one where we accidently entered an extra "0" on an invoice. Fortunately, we share all invoices with our clients and the owner caught it, so we could fix it.
- Full transparency, there's no way we would have caught it, even though we reconcile monthlyđ«
The most common reasons for bad communication from a PMC:
1) They are set up with PMs that are responsible for everything, so they get overwhelmed.
- This is the CURSE of owners wanting a single-point of contact by the wayđ
2) Bad/Missing Procedures and Processes
- UNBELIEVEABLE how many owners NEVER ask about HOW a PMC is going to specifically advertise a vacancy, screen applicants, what documents they will provide, etc. Instead, the #1 question is, "How much do you charge?" đ
The real problem is owners settling for bad communication for cheaper fees!đż
- What do you think would happen if owners fired cheap PMCs that provided bad service and hired the slighly more expensive PMCs that provided better service?đ
2) Bad/Missing Procedures and Processes
- UNBELIEVEABLE how many owners NEVER ask about HOW a PMC is going to specifically advertise a vacancy, screen applicants, what documents they will provide, etc. Instead, the #1 question is, "How much do you charge?" đ
2) Bad/Missing Procedures and Processes
- UNBELIEVEABLE how many owners NEVER ask about HOW a PMC is going to specifically advertise a vacancy, screen applicants, what documents they will provide, etc. Instead, the #1 question is, "How much do you charge?" đ
I love this reply. Very in-depth, and I can already tell you've been in the industry for a while and truly manage clients' properties like they're your own. I appreciate you. If only there were some industry standards on what to offer to your clients as a bare minimum. Unfortunately, it really isn't enforced. I've worked with PMS that had a managing broker that never handled any part of the business or even owned a rental... but they were a licence holder. It's scary out there.
Sounds like you selected a PMC that doesn't fit your needs. Our customers do not have to manage us because they selected a PMC that can manage their assets better than they can. Your best bet is to set expectations with them and follow up with them when they do not meet those expectations. If they are unable to follow through than switch to the right PMC
I feel this one deeply â went through the exact same cycle with two different PMs before I changed my approach. The biggest shift for me was requiring a shared system of record. Monthly owner statements are table stakes, but I also started requiring photo documentation of all repairs, a running maintenance log I could access anytime, and written approval for anything over a certain dollar figure. It's not about micromanaging â it's about having a paper trail that keeps everyone honest. The PMs who push back on transparency are usually the ones you need to worry about most.
If communication is consistently poor, fees are opaque, and tenant placement is slow, youâre not âmanaging the managerâ - youâre subsidizing their inefficiency.
At that point, it becomes a business decision. You can either:
1. Find a PM with a clearly defined SLA - response times, reporting standards, repair approval process, leasing timelines.
2. Or, if youâre comfortable, self-manage a few units and outsource only the pieces you truly donât want to handle.
A property manager should reduce friction and protect your asset, not create more operational drag. If youâre constantly chasing information, thatâs usually a systems issue, not a one-off mistake.