Colorado Realty and Property Management, Inc.

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What to Look For In a Property Manager: 4 Tips

What to Look For In a Property Manager: 4 Tips
Property management is essential, and unless you know what you’re doing, it’s best left up to the professionals. While you know hiring a property manager is necessary, you’re not sure where to start. That’s okay because we have some tips for you. What to look for in a property manager includes the following:

Experience

Managing a property is all about experience, so make sure the property manager you have in mind has experience that satisfies your requirements. When you’re interviewing potential property managers, ask them some probing questions so you have a better understanding of the kind of things they’ve dealt with in their career thus far.

Referrals

Many people don’t hire a professional without hearing from other people first. When you are looking for a lawyer, a dentist, or a plumber, you will probably ask your friends and family who they recommend. The same thing is true with property managers. Referrals will give you good candidates to look through and interview so you can find the best one.

Communication Skills

Another important thing to look for when it comes to what to look for in a property manager is their communication skills. A strong property manager should have exceptional communications skills, both oral and written. In a 2015 study, 90% of respondents who outsource property management rated communication skills as somewhat or very important when hiring a third-party property management firm. Great communication help ensure that your property runs well, even when you’re not around.

An Investor Mindset

You are trusting your property manager to care for your property, and you want them to look after it as if it were their own. The best way to ensure that is to make sure they have an investor’s mindset. They should see the “big picture” and be able to make important business decisions like what to spend money on and when to offer rent concessions. The investor’s mindset will help them do that.

When it comes to what to look for in a property manager, make sure you’re checking for experience, referrals, communication skills, and the mindset of an investor. All of these qualities will help you find the right manager for your properties so you can focus on the things that matter most to you. Learn more about our Denver property management services.

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    Award-Winning Colorado Property Management Company

    Recognized for our expertise and results, we proudly offer the area’s best property management.

    2022 Best Denver Property Management Company Three Best Rated Denver Colorado Property Management 2022 Expertise Best Property Management Companies in Denver 2022

    Denver Office

    1660 S Albion St #619
    Denver CO 80222
    303-710-8391
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    Colorado Springs Office

    13540 Northgate Estates Drive Suite 110
    Colorado Springs, CO 80921
    719-454-0577
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    970-432-3110
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    Broomfield Office

    12303 Airport Way #160
    Broomfield CO 80021
    303-803-1117
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    719-312-7752
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    720-679-1162
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