Owning two homes can be great for vacation purposes, but it can also be quite overwhelming. It isn’t easy to take care of two homes, especially if one is not in the same city or state that you live in. Relying on neighbors or someone on an app can be difficult. Are they checking your property regularly? Are they handling the things you asked them to handle?
In most cases, they aren’t, and when you arrive at your second home, you are hit with damages and no upkeep. This is where employing a property management company comes in. They can handle all aspects of your property for you, but what should you look for in a property management company?
Are They Licensed and Insured?
When it comes to hiring anyone, you want to make sure they are fully licensed and insured. This not only safeguards you, but it gives you peace of mind that they are a reputable property management company. If they are not licensed and insured, turn around and run!
Do They Have Good Reviews?
Good reviews are worth a lot. If you are shopping for an item, you most likely check reviews from real people. Finding a property management company should be no different. Check reviews; if they have good reviews, they are most likely a good property management company.
Do They Provide Concierge Services?
Concierge services are important and can change from client to client. Does the company work with you on your needs, or are they just a cookie-cutter company that does the bare minimum? Ask questions because you want a company that will work for you and your needs.
Will They Check Your Property?
How often do you want your property checked? Find out if they check the property interior and exterior regularly. If not, find another company.
Do They Provide Regular Updates?
You want regular updates on your second home. It is, after all, yours! Ask if they give regular updates on what is happening. If not, look for someone that will provide you with updates and handle your property like you want it treated!