Rental property owners often have to look for the best property managers to help them take care of the day to day running of their properties. Hiring professionals is always a good idea because dealing with tenants who have different types of needs can be quite a challenge. Fortunately, there are many best Seattle property management. While this may be a good thing, picking the right property manager for your needs can be quite a challenge because most of the firms you find will claim to be the best in the industry.
To find the best Seattle property management company, you have to make a shortlist of the top property managers. From there, you can consider a variety of factors as you seek to zero-in on the right firm. Below are things to consider during the search:
i) Licensing
No matter how big a company may seem, they must have a valid license to offer realty services in the city of Seattle. Therefore, the first thing to check as you conduct your research is licensing. Any firm that does not have a valid license should be eliminated from your list. You will be happy to know that licensed service providers are usually professional and competent, so they offer better value for money.
ii) Experience
Whether you have a residential or commercial property for rent, it is crucial you look for someone who has prior experience managing the type of property you want managed by the property manager. For instance, if you want a commercial property managed by a professional, then you should only shortlist firms that have a lot of experience managing commercial real estate. Similarly, if you want an apartment building managed by a professional, you should search for a residential property manager to help you manage the property.
iii) Reputation
You do not want to get scammed by property managers who only have their own interest at heart. That is why you need to pay attention to the reputation of the property managers on your list. Only the most trusted and most reliable property managers with a long list of satisfied clients should get special consideration. Be sure to also check how different firms have been rated and read reviews written about them.
Lastly, you have to compare the service fees charged by different firms. This is because you do not want to lose a large portion of your rental income to the property manager.