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Being a property owner is a full-time job. That’s why finding the right property management team is so essential. Professionals offer everything from detailed documentation to expert recommendations to ensure your investments are well cared for. If you’re looking for a company, here are a few of the most important services to keep in mind.

What a Property Management Team Should Do for You

1. Create Contracts

Whether you’re renting or selling a property, contracts are integral to the process. It can be difficult to create a solid document that protects your best interests if you lack knowledge in the industry. Unfortunately, mistakes and omissions can lead to frustrating and costly disputes down the line. A skilled property manager ensures the right clauses are in place to protect you and your investment.

2. Prepare Properties

If you want to sell a property, it’s important to ensure the house looks its best both inside and out. Curb appeal and an attractive, cared for space will increase buyer interest and give you leverage when negotiating terms. A property management team will assess a structure’s current state to determine if it’s in the proper condition to command value. If not, they will suggest efficient and cost-effective solutions.

3. Show & Tell

Property ManagementYour property manager should also be willing to meet with prospective buyers. Professional representation engenders confidence in a buyer, making them likelier to agree to the sale terms. A professional will also have greater availability to handle the process, which is invaluable to owners with hectic schedules.

4. Gather Information

If you’re unsure of a good sale price, understanding the market and cost for other homes in the area is beneficial. A property management team will have the necessary tools to gather this information and articulate the reason behind the suggested figure.

5. Make Recommendations

A property manager should also be able to help you increase a home’s value. For instance, certain alterations can make your house more attractive to either buyers or renters. With their knowledge and experience in the industry, they will suggest the most cost-effective renovations with the greatest impact.

 

If you need a property management team in Rochester, NY, turn to the Galvin Realty Group, Inc. With over 31 years of experience, these real estate professionals offer a wide range of services, including rental property management. They will handle tenant issues like rent, repairs, and conflicts about the lease. They can also help with commercial leasing if you want to start a business or expand an enterprise. They even offer other essential services, such as wealth management and financial planning to ensure you’re ready for retirement. If you’d like to speak with an agent today, call (585) 546-1290. 

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