If you’ve come across this article, you’re likely a real estate investor, a homeowner looking to rent out your primary property, a newbie in the industry or seasoned vet simply searching for a new property management provider to manage for your real estate portfolio. You may be wondering what does an Orlando property manager do? Why is this Orlando property management company charging x% a month, and Cheap-o-Property management charging a monthly flat rate? I can find a tenant myself, why should we pay our Orlando property managers 75% to 100% of one month's rent for finding a tenant? The short answer is simple; you get what you pay for — or not paying for it at all. Whether you're a seasoned investor or just looking to rent out your home while you're relocating for work, your real estate asset is likely one of your most significant purchases ever made. Using a reputable, quality Orlando property manager will prove key to your success. If your Orlando property management company is running on a cheap flat monthly rate, your likely going to experience hidden fees charged to your account every month and a property slowly spinning into distress. If you think about it, you may be paying your lawn or pool service provider more monthly than your property manager, who's handling your $100,000, $1,000,000 or $10,000,000 million dollar plus asset/assets.
Discount Management Providers "Story"
A few months back, we had a property owner reach out to us in a world of hurt. He wanted to switch Orlando property management providers to The Listing Real Estate Management for his single-family home in Orlando, but he didn't know how to switch property management providers, and he lived across the country. He expressed he'd been with his provider for many years (a low flat fee property management provider), and everything had been fine... until it wasn't. The kicker in his particular situation is that he hadn't received his rental income for his tenant-occupied property for the last eight months. His manager began dodging his calls and actually ended up closing up shop and jumping to a new property management firm. In despair, he had to travel across the country just to verify his tenant was still residing in the home. He still wasn't able to locate his property manager, but while in town, he signed a new management agreement with The Listing Real Estate Management, and the following month he was receiving his rental payments like clockwork. Paying a higher percentage for a quality Orlando property management company will only provide your assets with much more attention and ensure your rental property is running efficiently.
It's important to note, what you'll be paying your property manager will vary depending on what services you desire or require, and the type of property you are having managed. Here are some standard fee structures in Orlando and Central Florida.
Looking for professional property management services in Orlando Florida? Reach out to The Listing Real Estate Management, we are a full service Orlando Property Management company and focus on you as a homeowner or real estate investor. Visit to contact us.
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