Commont Pitfalls in hiring Property Management
Hiring only a real estate sales agent to manage your property
Paying more than 7% of the Gross Lease as a leasing commission
Paying more than a 10% management fee
Signing a long-term, binding contract
Using stock, dated leases
Hiring managers who don't have the proper experience and education
Hiring companies that only do leasing and not management
Hiring companies that don't return your call in a timely manner