How To Evaluate Your Property Manager Relationship
There are several signs that could be a wakeup call for letting go of your current property manager and finding a new one. One of the reasons to fire a manager is if they have a different set of values that don’t necessarily align with your own. This happens if you continuously have conflicting perspectives on how the properties should be run. To avoid these unnecessary conflicts, always ensure you hire professional property management services such as MyHomeSpot.com who will work with you to run the property the way you want.
If you have troubles with your current manager, here are signs that show you need to evaluate your relationship
You No Longer Trust Your Property Manager
If youâ€™re experiencing ever-increasing distrust in your property manager, it may be time to find a new one. At the beginning of your relationship with them, you should have shared expectations and agreed on how decisions would be made. If these criterias are no longer being met or if they seem less important than what was discussed at the start, you will have to evaluate your relationship.
Youâ€™re Dissatisfied With The Services Provided By Your Property Manager.
Suppose you have specific goals and expectations for what your property management relationship should look like, but these aren’t being met or are only being superficially addressed. In that case, it’s time to find a new manager. You should feel confident that your property manager is providing the services you want and need.
If itâ€™s been a long time since your property manager has done something to exceed your expectations, it might be time for them to go! You should never settle for mediocre work or get complacent with managing expectations just because they were always met in the past.
If youâ€™re noticing that your property manager is making promises or offering services they canâ€™t always deliver; it may be time to move on. At the beginning of your relationship, your interests should have been discussed and prioritized so any agreements would reflect this.
You Feel Like Your Requests Are Ignored.
If you repeatedly ask your property manager for something and they never reply, itâ€™s time to find a new one. In an ideal world, this would be avoided entirely! However, if the requests are simple ones that donâ€™t require much effort from them or their staff (such as sending out monthly reports) but are still not being done, it may be time to move on.
Your Property Manager Is Not Showing Proper Concern For You Or Your Tenants
If you feel that your property manager has been rude or condescending toward yourself and other tenants, It may be a good time to look for another one.
Communication Breaks Down Regularly
If you find yourself talking to your property manager more than theyâ€™re talking to you or that the two of you are having conversations, but no progress is being made, it may be time for them to go. It should never feel like there’s a struggle over communication channels when working with someone. If this happens consistently, you may be better off without them.
Repairing The Relationship
If youâ€™re unhappy with the quality of service your current property manager is providing but arenâ€™t sure if youâ€™re quite ready to pull the plug, there are steps you can take to try and salvage the relationship.
- Voice your concerns
One of the most important things you can speak up and address any concerns you have with your current property manager. It may seem scary to confront them, but a big part of the job is making sure youâ€™re both on the same page, and they know how important these issues are for you.
2. Reviewing responsibilities and expectations
If you feel like your property manager hasnâ€™t been living up to their end of the bargain, it may be time to take a step back and review your contract. You should have discussed responsibilities and expectations initially, and a reminder of these duties would serve as a wake-up call.
Moving Forward: Hiring A New Property Manager
You can hire a new manager who you know will live up to your expectations and provide the services you need. After all, your tenants deserve to be heard, and their concerns addressed promptly. When they are happy with you, it will translate to reliable payment of rent.