It is always a smart move to consider hiring a rental property management company to assist you with your vacation rental. Even though most home owners will be comfortable letting their family members or friends handle the details, a hired qualified manager offers much more. You can be assured that your guests as well as your investment are always in good hands. However, the problem is always finding the right rental property manager to hire. Below are several tips that you can use to ensure that you get the best rental property manager company available in Phoenix, AZ.
Search Online And Check Reviews
The first place to look is to do a search online using search phrases like “property management phoenix” or even “property management scottsdale” if you need to search in other areas of the Phoenix Metropolitan area. These companies will have experience dealing with the Phoenix market and will know it better than even yourself. The top results will have reviews posted online for sites like Google+ Local or even Yelp. Read those carefully and call the top three or five that you feel have the best reviews and best information on their website.
How Long Have They Been In Business?
The first thing that you need to know is how long the company has been operating in Phoenix, AZ. This is important as it tells you the level of understanding that they have in the local market. There is a big difference between a recently started company and one that has been in the market for several decades. You should ask about the staff size, local regulations, seasonality and any other factors that can affect the performance of your property.
What Are Their Rates?
You will also have to find out about the charges and contract terms of the company. In most cases, vacation rental apartments will charge between 30% and 50% of the nightly rental rate to get a full service manager. This is a significance portion of your rental income. You should therefore ensure that you know how long you will be bound to the contract with the management company, this ranges between 6 months and 12 months. You should choose one which you are comfortable with. If you do not want to get locked in by the contract, you should ask the manager to include an out clause that will depend on the performance of the property.
Find Out About All Of Their Services
You should never assume that the property manager will sort everything. This is why you have to get a full list of all the services offered and their fees. This way you will ensure that you get the services that you need including repairs, check-ins, maintenance and walkthroughs. The best vacation property management companies are always willing to service all types of guests. This is especially the case when you are hiring them for on-the-ground tasks only. You have to clarify this from the beginning to ensure that you have a flexible and service-oriented person working for you.
What Resources Does The Property Management Company Have
It is crucial that you hire a property manager with all the necessary resources required to market and book your vacation rental. They should be able to cover the cost of having your home listed on some of the top Scottsdale vacation house rental management websites. Their staff should also be able to respond to inquiries as soon as possible. The website that they use should be mobile friendly and allow different modes of payment when customers want to book the rentals. You will also want a property management company that frequently updates you on your property condition. This will depend on how often they perform the walkthroughs. You should consider talking to some of their current and previous clients to get an idea of how the company operates. This way you can be assured of finding a solid Phoenix property manager for your rentals.