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Updated over 3 years ago on . Most recent reply

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13
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Adam Teshome
5
Votes |
13
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Property Management company and repair quotes

Adam Teshome
Posted

Is it a conflict of interest if my PM company only provides quotes from their in house team? I am worried that I am paying too much for turnover/major repairs without collecting multiple quotes...

  • Adam Teshome
  • Most Popular Reply

    User Stats

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    Drew Sygit
    #2 House Hacking Contributor
    • Property Manager
    • Royal Oak, MI
    6,261
    Votes |
    9,526
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    Drew Sygit
    #2 House Hacking Contributor
    • Property Manager
    • Royal Oak, MI
    Replied

    Brad Hammond is correct that PMC's make money from maintenance work - why wouldn't they? Would you work for free?

    What both he and you are missing, is that you have no idea if you are being overcharged!

    PMC's do NOT have a product to sell, they sell service. As such, you are really buying their time/expertise.

    Adam, how much per hour do you make at your job? Has your boss ever come to you and stated, "I am worried that I am paying too much for..."? Like most of us, you probably think you deserve a raise.

    So, why don't you do some investigation online to figure out what others may charge for these maintenance issues you're so concerned about? There are many wesbites that will estimate a job by zip code. We often use  https://www.homeadvisor.com/pr...

    business profile image
    Logical Property Management.
    3.7 stars
    3 Reviews

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