What comes to your mind when you listen to the word property manager? Yes, the foremost thought is the person who manages your property. People often mistake a property manager with just a real estate agent. The two are not the same. They work in the same industry but their jobs are totally different. In simple words, a real estate agent helps you find, buy and sell a property whereas a property manager advises you and helps you after you have bought your property. Buying a property for investment in any part of the United States is surely profitable. Long Beach is one of the thickly populated U.S. cities and has a promising real estate. If you are the one who has invested in Long Beach property that you cannot maintain at your own, not in monetary terms but you do not have time for it, then a Long Beach property management firm is a must for you.
If you don’t know anything about a property manager or property management services then just read along to gather all information that you may need.
What is the role of a property manager/property management company?
Responsible for property marketing – A property has to be advertised in order to find a suitable tenant. It is the sole responsibility of the property management Long Beach firm to put up the property with photographs and description on different job portals. Also, they add the property to all local area job listings for better exposure.
Hunt for a trusted tenant – Many applicants send in their requests but it is the job of the property management company’s experts to screen each and every application. Background checks are conducted on all the prospects and only the most eligible one is chosen to be the tenant.
Organize viewing – The tenants view the property before leasing it. The experts of the property management company organize the complete cleaning of the property. Also, the whole schedule of the viewing day is made and circulated by the property management professionals.
Assist through the entire documentation process – The signing of the legal documents by both the parties is done under the supervision of the experts to avoid any mistakes. Also, the experts handle all financial records on behalf of the owner.
Supervise move-in and move-out – The experts are present at the time of move-in and move-out of the tenants so that the condition of the property is assessed then and there.
Inspect the property as per a fixed schedule – A fixed schedule is made by the property manager, according to which, the inspection sessions are conducted. The experts to assess the property and look for any kind of damage click the property pictures.
Conduct maintenance and repair jobs, whenever it is required – If damage to the property is reported, during the regular checks, the property management experts with the help of their vendor network fix it.
Evict tenants, if needed – If the tenants prove to be troublesome in any way then they are smoothly evicted out of the property. The experts in a smooth manner without any hassles arrange the eviction.
Re-lease the property as soon as possible – To save the owner from any type of loss, re-leasing of the property is arranged at the earliest.
Keep the owners updated of all the ongoing activities – All the activities related to the property are duly conveyed to the owner via emails and post.
Keep track of the changing real estate market trends – The experts are well trained in their respective fields so they keep an eye on the flickering real estate market trends. If they find the need to hike the rent as per the market, they inform the owner about it.
The Long Beach property management companies offer different packages suiting the requirements of the clients at affordable rates. Once you pick your property manager in the Long Beach area, all the tensions regarding the investment property are transferred to him or her and you enjoy the profits.