A renter’s experience with their landlord or property manager is vital to their satisfaction and determines how long they stay as tenants — one survey showed that over 50% of renters would move out if dissatisfied with their landlord.
A major factor in renter satisfaction is the maintenance of the property itself: how often and quickly are repairs being made? Is the building regularly maintained, before fixes are needed? When renters feel the value of the property is no longer what they’re paying for, they look for better options.
Property Maintenance or Property Management?
To keep renters happy and keep the value of your property,, you as a property owner should implement a system for regular maintenance. You can do it yourself, which is a lot of work, or hire a service to take care of it for you.
There are property maintenance services that offer just upkeep and maintenance, but property management companies can also maintain your property while providing a host of other services.
If you only want to hire property maintenance services, you can hire a regular maintenance technician. This is more cost-effective than hiring a contractor or specialist every time something breaks down, and your technician can also take care of seasonal maintenance jobs.
However, one person may not be qualified to do all the jobs you need them for. If you hire a company that handles property maintenance, they will find the right person for any job. However, this is more expensive than hiring only one person.
Property Management Services
With property management services, you can get all the benefits of a property maintenance service and more. Maintaining your property takes more than just one person, and handing off the responsibility to an organized and expert team can bring you peace of mind and stability.
Property management companies can:
- Screen potential renters
- Handle monthly rent payments
- Field requests for tenants
- Prepare a property for a new tenant
- Market your property
- Do regular maintenance
Property management companies have teams with the knowledge and experience to give you everything your property needs, beyond just maintenance. This way, you can get what you need and more, at an affordable price.
Maintain Your Property With Harbor Property Management
Harbor Property Management’s friendly and professional team can handle anything your property needs, from maintenance to rental applications and more. Keep your tenants happy with excellent property management services.