Questions To Ask
Questions to Ask before hiring a Management Company...
Is your property currently performing to your expectations?
Do you have the time to properly managem your own facility?
Do you have the experience to properly managem your own facility?
Would your time be better spent on something else?
Questions to ask if you currently have a Management Company...
Are you able to be as involved as you want to be or NOT to be?
Are they easily accessible?
Do they handle problems/ incidents in a timely and professional manner?
If you have a question do they truly listen and try to not only answer but solve the questions?
Do they treat the property as if it was their own?
Do you receive monthly reports in a timely fashion?
Does the monthly report document all expenditures?
Does the monthly report have reconciled bank statements every month?
Do they control delinquencies and perform timely auctions?
Do they documents and perform site visit reports?
Do they review rates every month?
Do they provide follow up training for employees?
Do they give you an operating budget?
Dot they give you the option to terminate the Mangement Agreement if you are unhappy with their service?