When it comes to real estate management, a lot of people ask if they should hire a Roseville property management company or just use the real estate agent who helps with buying and selling properties. There’s a big difference, and you always want to make sure you’re working with a professional property manager. Don’t get caught up in trying to save some money by using a real estate agent. It’s not worth it in the end because you aren’t getting the same level of service or expertise.
Protecting Your Roseville Rental Home
Real estate agents are actually not supposed to be doing property management. When they work with a large brokerage company, that company does not have insurance to cover property management services. That’s not good news, and can leave you and your property at risk. Another thing to consider is that real estate agents are focused on buying and selling properties. That’s where they make their big commissions. They will be far more focused on that part of their business than on the day to day management that’s required when you’re renting out a property. You want a full time manager, not someone who is focused on the next sale.
Maintenance Systems and Processes
If your tenant calls for maintenance, most real estate agents aren’t set up with a maintenance company to get the work done quickly, correctly, and affordably. A process needs to be in place to track and document all repair work. A lot of times, property managers really have to babysit the maintenance process and make sure everything is getting done acceptably and communicated effectively.
Accounting also requires a process, which has to be accurate, transparent, and detailed. Monthly and year end reports are required so you can keep up with the performance of your property and report your income and expenses at tax time. If your real estate agent isn’t equipped for that, you’re going to run into trouble.
With professional Roseville property management, you get what you pay for, and you want to make sure you get the level of expertise that your rental home needs. If you have any questions, please contact us at Results Property Management.