Why It Makes Sense to Have Your Property Management Firm Sell Your Property

Of course, you might not want just any run-of-the-mill property management outfit to sell your rental property, however, if you are working with a Full-Service Real Estate firm that you have developed a good working relationship with and that you trust – it could make a lot of sense.

Most property owners understand that sales are something separate and different from day-to-day property management operations.  However, if your property management firm also specializes in sales, it could be your best option.  

Here are a few MAJOR benefits to consider:

1. You have an established trusted relationship with the Firm.

2. They have an existing relationship with your current tenant.

3. They are already familiar with your property

4. They are experts in the local real estate market

Think about it, property management companies have to earn your trust day-after-day, month-after-month and year-after-year.  You just can’t say the same thing for your typical real estate sales agent.

Especially if you have a tenant in place, your management firm is well positioned to be the intermediary throughout the sales process and make things go much more smoothly.  After almost 20 years in the business, we know that most agents don’t want to deal with tenants and usually try to get us to do their job throughout the process.  Also, if your management company handles the sales, most of the time they won’t charge extra for the process of handling the tenant.  Generally, if they have to do extra work in a sales process that they are not selling you will see some additional charges for that time as it is not normal property management and therefore not covered by the management fee.

Lastly, many top-notch property management firms will have maintenance techs and a large network of vendors and tradesmen to call upon if your property has any repairs or fixes that might be needed or recommended to get that top sales price in the market.  This alone could be worth its weight in gold to streamline and expedite the sales process. Along with the existing relationship with the tenant, knowledge of your property and ongoing knowledge and expertise of the local real estate market – the only thing left to say is…SOLD.

We would love to help you buy more and sell when you are ready!!!