When you bought property, you were probably thinking, “Yeah, I think that this is a great investment,” and you were probably right. But I bet that you weren’t thinking about all of the other responsibilities that owning property would come with.
You probably didn’t consider that you would have to be a property manager as well. Well, if you find yourself stuck on knowing what it takes to be a great property manager, we’re here to help. It takes a unique person to be a great property manager.
What are the makings of a great property manager? Let’s find out…
1. Great Communication
Property managers have to work with a lot of different people for a lot of different things.
On any given day, a property manager has interactions with tenants, prospective tenants, maintenance workers, and more. It takes a great communicator to know how to handle those interactions and have pleasant and positive relationships with each of them.
Being a property manager also comes with the responsibility of sometimes discussing unpleasant matters and a great property manager knows how to handle those situations productively and tactfully.
2. Efficient
A property manager’s main priority is to make life easier for the property owner.
This means that property managers have to wear many hats. There are tons of people relying on them to get things done in a timely manner. A great property manager knows how to get things done in the best way possible in the most efficient way possible. When a tenant has a leak, they don’t want to have to wait for a month to get it fixed. They want their property manager to fix it right away.
Efficiency is a huge part of being a property manager.
3. Organized
There is a lot of responsibility that comes with being a property manager. Between tenant placement, repairs, and rent collection there is always something that needs to be done. That’s why it is important that property managers are organized and prepared.
It is so crucial that property managers have systems in place to make sure that everything goes smoothly.
4. People-Oriented
A great property manager knows how to interact with people.
A big part of property management is placing quality tenants into residences. Being people-oriented helps property managers to know what it takes to be a great tenant and select trustworthy people based on those criteria.
Property managers are also able to make lasting impressions on tenants that make tenants trust them immediately. Property managers have to act as the liaison between the property owner and the tenant and to do that you have to be a people-oriented person.
5. Ethical & Trustworthy
With great property management, there shouldn’t be any grey area when it comes to ethics. When it comes to property repairs a property manager should not be a profit center and a trustworthy property manager doesn’t treat repairs as such. Quality property management means that there is transparency and honesty throughout the entire process.
There are so many other character traits that property managers must have to do well, but those are the ones that we feel are the most crucial to the profession.
If you find that you have all of these character traits, then great! You’re ready to be a property manager. If not, you may want to hire a professional property management company to take some of that responsibility from you.
Some of the great services that are provided by a property management company are:
6. Great Discernment
Finding great tenants can be difficult. With a property management tenant placement program, you won’t have to worry about finding your own tenants anymore. You can take a step back while the program sorts through prospective applicants to find one that fits your exact wants and needs.
Mesa Property Management knows what it takes to provide great property management. We are committed to top-of-the-line ethical managing and we are so excited to do business with you.
If you have any questions about the services we provide or would like more information on pricing and policies please don’t hesitate to visit us at www.mesaproperties.net or give us a call at 866-679-1730 to schedule a consultation.