National Property Management Firm
Ali Boone wrote a great blog post on the characteristics of a phenomenal property manager. Why isn't there a national property management company that strives to streamline the process to provide great management?
- Communicates well -- a process where communications are transparent and owners are notified when they should be
- Saves me money -- team that focuses on repairs and knows to ask the right questions before sending out contractors; another team helping to get preferred service vendor contracts (with savings passed to owner)
- Proactive / inspections -- annual inspection protocols, lease renewals up-front, etc.
- Statements -- easy to understand
I see large property management firms across certain geographies, but I haven't seen the Coldwell Banker or Berkshire Hathaway of property management appear.