Are single family home property management companies a real thing? Most of us are familiar with property management companies doing what they do when it comes to apartment buildings and condo complexes. We might even know about community property management, but single family homes? How does that work?
Take a look at the top four surprising things you’ll find in single family home property management companies that can help you with your home in the Vail Valley:
#1: Portray Your Property as It Really Is
It’s easy to Photoshop and filter your home photos to the point where it doesn’t even look like your property. They look fantastic! But do they look like the actual property? Showing the property in its best light, but showing it as it really is, is something single family home management companies will do to get you the best tenants for the property and the best rental rates in the area. They’ll keep it real to create accurate expectations for your tenants.
#2: Talk Up the Neighborhood
Who doesn’t love Vail? It’s a premier destination for travelers from all over the world, so why would you need to talk up the neighborhood? For downtown hotels and luxury, isolated mansions, it might not be necessary. But for single family homes in potentially unknown neighborhoods, it can make the difference between full occupancy and hope for a rental during the high season.
The right management company can promote the home and the neighborhood so the potential tenants can see all it has to offer. They’ll learn that a downtown hotel isn’t always the best choice when it comes to a Vail vacation.
#3: Problems and Complaints Are Their Business
While single family home property management companies don’t love dealing with difficult tenants, it is part of their business. As the owner of a house that you’re hoping to rent out, this is going to come with the territory. Do you want to do it yourself? Nope. Do you have a front desk or concierge like a hotel to do it for you? Nope. That’s where the management company comes in. Customer service, including dealing with problems and complaints, is part of the package. It’s part of what you’re paying them to do. What a great benefit, right?
#4: Weeding Out the Riff Raff
Even riff raff can have the money needed to rent a vacation property in Vail, but are those the tenants you want? One surprising task that you hand over to a management company is screening applicants and picking the right tenants for your home. Finding someone that will take care of your property, pay on time, and not leave the home in disarray is the goal of every property owner, and good single family home property management companies can help you find just that for your single family home.
You don’t have to have a giant slope-side mansion or a luxury downtown condo to hire a property management company. Contact our team at Fireside Properties to find out what other surprising things you’ll gain by hiring single family home property management companies.