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General Landlording & Rental Properties

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Edward Lamson
  • Real Estate Consultant
  • Florida
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Commont Pitfalls in hiring Property Management

Edward Lamson
  • Real Estate Consultant
  • Florida
Posted Jun 15 2009, 15:24

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

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