What to Look for in a Great Property Manager

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What to Look for in a Great Property Manager
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• Finding the right property manager can and
  will make all the difference in your real estate
  investment. Determining who the right manager is
  for your specific location and unique investment
  needs and goals, however, isn't always so easy to
  do.

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• Below are some key things to look for when
  interviewing someone for property management in
  Edmonton. There are many property management
  companies, so choose carefully!

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Communication is Key

• Above all else, you want to find a property
  manager who is a good communicator. When things
  go wrong at a property, it's often because of
  poor communication or a failure to learn about
  and understand the property owner's and tenants'
  desires and needs.

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• When you interview candidates for the job,
  ensure the person you choose is someone who is
  easy to talk to, but who also seems willing to
  listen to what it is that you have to say.
  Listening is key! Someone who seems uninterested
  in learning about your goals for the property is
  not someone you want in charge of your investment.

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• It's also important for the property manager
  to be diplomatic, because they will be the key
  point of contact for many individuals and groups,
  from yourself and tenants, to perhaps a board of
  directors, etc. For a successful relationship,
  you need someone that will listen to all parties
  and interpret and relay information from everyone
  effectively.

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Cares About Customer Service

• Let's face it, a property manager who doesn't
  return calls or fails to act on tenants' requests
  or complaints will have difficulty keeping people
  happy - dissatisfied tenants won't stick around.
  A property manager who respects tenants, property
  owners and anyone else with an interest in a
  particular location, and who makes an effort to
  ensure they're providing great service, will
  always be more successful.

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Experience Knowledge to Anticipate Problems

• In order to simplify the search for the right
  candidate, when it comes to property or
  condominium management in Edmonton, property
  owners should look for someone who is experienced
  and seems knowledgeable enough to anticipate
  issues.

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• Even more importantly, you need someone who
  can anticipate a problem and who will act to
  avoid the problem altogether. The same can be
  said when it comes to staying up to date with
  changing bylaws and other regulations. This will
  save time, money and hassle.

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• If you're in the process of finding and
  hiring a property manager for a residential or
  commercial building, be sure to make note of the
  tips mentioned above. And, if you're looking for
  an experienced company in the Edmonton area, look
  no further than Group Three Property Management
  Inc.
• http//www.groupthree.ca/