How a Property Management Company Could Improve your Business

While the exact services provided will vary from company to company, there are certain things that you should always look for in a commercial property management company.

Filling Your Vacancies

A quality property management company will ensure that your commercial or residential property is filled to capacity with reliable and trustworthy tenants.

Collecting Rent

Each property asset management company will have its own procedures and systems in place in order to insure that rent is collected in a timely manner.

The accounts payable role of the management company, explaining that the property manager will need to use the funds collected to pay all of the expenses linked to the property.

Maintenance and Repairs

This method can be time consuming, costly, and you run the risk of hiring a subcontractor that is not qualified or capable of the work.

Record Keeping

Rent collections and arrears

Health and safety compliance requirements

The status of leases and renewals

Service charges and accounts

Income and expenses

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