Choosing a property management firm to manage a property is a major decision. Not only will they be overseeing one of your largest assets, but they represent you when dealing with your tenants and issues that arise. There are critical things to look for when interviewing a property management firm.

One of the first topics you want to discuss is the company's references. You want to find a property manager with a strong reputation within your community. Any decent property management firm will be happy to provide you with references to contact. If they do not want to do this, then it is best to move on.

You also want to find a property manager who clearly outlines the fees ahead of time. All fees and potential added expenses should be clearly marked in the contract and pointed out to you.They last thing you need is unexpected costs arising because the property manager was not upfront with you.

Also, a good property manager will have a system in place that outlines exactly how routine maintenance requests, as well as emergency issues, are handled. When minor maintenance issues go unattended to, they can often turn into much larger problems. A good management company will be able to let you know their response time for maintenance requests. Also, there will be a system in place to handle emergencies on a 24-hour basis.

Finally, you want to make sure you find a management company that communicates with you effectively. A sound management firm will tell you ahead of time when you can expect updates on your tenants, the property condition, and financials. Also, they will provide you with contact information, that you can use if you need to reach them in an emergency. One of the primary reasons you use a property manager is to avoid being involved in the day to day details; an effective communication plan ensures you will receive just enough information when needed.

If you're looking for a property management company, contact the team at Occupancy Solutions today.