Property Management Blog

  As a property owner looking to sign up for the services of a property management Hampton firm you must be aware of the fact that the service you receive will be as good as the people in the firm.Naturally, you must consider the following factors that can help you evaluate the staff:   Size of the company - How many people does the company have on-staff?   There are pros and cons with working with a large organization. The benefits are that: larger a company, the more trained the staff and expertise that you are assured of getting. Additionally, large company is sure to have an in-house maintenance crew and is likelier to be process-driven.On the other hand, the benefits of working with a small company are: lesser passing of the responsibilities and quicker response to emergencies. Additionally, smaller company means you get more pricing leverage.   Furthermore, you must consider the qualities of the manager who would be actually managing your property: how does he/she dress? Does he/she have adequate knowledge and expertise? How long has he/she been with the company and where were they before that?   Moreover, you must also ask them about their compensation packages and pay structures as there is a direct co-relation between this compensation and low vacancy rate and tenant retention rates etc.