Choosing a Property Management Company and Its Maintenance Services Policy, Part III
Choosing a Property Management Company and Its Maintenance Services Policy, Part III
blog1.jpg

Jun 07,2016

Choosing a Property Management Company and Its Maintenance Services Policy, Part III

Have you ever heard commercials on the radio where a heating and air conditioning company is offering to install one air conditioning system for regular price, and install a second one for free?  How can they do that? Wouldn’t it be a really bad business decision if they could not make a profit on such an arrangement?  After all, they are not running a charity! Could it be that tremendous profits reside in the retail price—installed? Instead of charging you $6,000 for the unit, couldn’t they have just charged you $3,000. The answer is, probably yes.

In many cases, the corporate installer has no choice but to charge outlandish fees for their services in order to offset a tremendous business overhead. On the other hand, the small mom-and-pop operation can minimize its overhead while still providing competent service, and can, contrary to popular belief, even afford to warrant their work. While it is risky to call just any old mom-and-pop in the yellow pages, in the case of a professional property management company, such smaller dealers have earned a reputation with it, and will likely honor warranty work to maintain that valuable relationship.

So take a close look at your management statements. Observe who the property manager has been hiring to do work. If the names are well known corporate names, you might want to have a conversation with your property manager.  It may well be that they have worked a special arrangement with the company—one that is truly in your best interests. But if not, and if you are really paying full market rates, you might question the benefit you are driving from the maintenance aspect of your relationship with that property manager. It may be time to make some demands on that company or look for another.

Daniel R. Wilhelm
Managing Broker
3 Options Realty, LLC.
http://www.3optionsrealty.com
678-397-1282

Recent Blogs

small1
Nov 20,2024
Top 5 Mistakes New Landlords…

Owning rental property is a significant investment, but it…

Read More
small1
Nov 14,2024
Pros and Cons of Offering…

Rent-to-own agreements are beneficial for property managers or landlords…

Read More
small1
Nov 08,2024
How Does Insulating Your Property…

As a landlord or property management company, insulating your…

Read More

Landlord Options

small1
Owner Portal

In appreciation for your continued patronage, we are pleased to offer you a management fee rebate equal to 2 months of management fees for any…

Read More
small1
Leasing & Management

If you are interested in professional property management services, you probably have some questions about the process and we have a few questions we…

Read More
small1
Rent Disbursement

Standard Rental Proceeds Disbursement Policy. It is the standard policy of 3 Options Realty to disburse monthly rental proceeds to property owners between the 15th…

Read More

We Are Ready to
Take Your Call

lander1

If you have been rummaging through web results for “property management companies near me,” then you are at the right place. 3 Options Realty’s property managers in Atlanta are experienced and trained to deliver top-tier service. Call 3 Options Realty to speak with a friendly representative today to learn more about our property management & real estate services. We are ready to take your call.

Buy, Sell & Rent with 3 Options Realty

lander1

We use professional market research to determine fair-market rent, and we use broad market advertising to reach a large audience. Our agents will also help you prepare your property and skillfully present your property. Prospective tenants will undergo comprehensive interviews and background screening before we negotiate with them the rental agreement using our proprietary, attorney-reviewed forms.