Make the Right Decision for Your Home
Partnering with a professional property management company in Chicago provides a number of distinct benefits. Your property manager ensures your home is occupied with great tenants, handles day-to-day operational responsibilities, and keeps your financial records in good shape. Unfortunately, all property managers are not created equal—making the wrong choice could have devastating consequences. Before you sign on the dotted line, use the tips below to choose the right property manager.
Look for Experienced Teams
Any property manager can make big claims about the services they offer, but it takes an experienced real estate team to generate real results. When speaking to a potential manager for your property, don’t shy away from questions about the firm’s experience with other homeowners. An established property manager should be comfortable talking about the challenges of the market and highlighting some of their unique achievements in the management industry.
Don’t Discount Industry Credentials
Property management professionals should be affiliated with industry groups that regulate how real estate professionals operate. A reputable property management company in Chicago will be proud of these credentials, because they demonstrate the firm’s credibility. At the very least, look for accreditation with the following organizations:
- Better Business Bureau
- National Association of Realtors
- National Association of Residential Property Managers
Ask the Right Questions
Stop thinking about property managers as workers who simply perform the grunt work associated with owning a rental home. Instead, a property manager should serve as a trusted advisor. Property professionals are familiar with the ins and outs of the rental market in Chicago, and your manager should feel comfortable giving you advice to help you boost your profits and protect your investment.
Don’t be afraid to ask questions specific to your unit when considering a potential management partner. The right manager won’t simply apply a one-size-fits-all approach to your home.
Look Beyond Price Alone
We get it, prices make an impact on your decision, but the bottom line shouldn’t be the deciding factor when seeking a property manager. Many property firms use cutthroat pricing to enter a market and entice new customers, but bargain basement managers often cost you more in the long run. Cheap management leads to headaches like bad tenants, property damage, and lost profits.
Ready to Get Started?
If you’re looking for information on property managers in Chicago, Illinois, give us a call to schedule a free consultation. We’ll be happy to review our customizable packages with you and answer questions you may have about our firm: (312) 967-3111.
John and Keyrenter Chicago has surpassed all my expectations with my business and investments. They are sound in business and as people in general. I highly recommend them and trust them with my assets.
Andrew B., Satisfied Client
We 100% recommend John as a property manager who treats BOTH homeowner and tenant with the utmost professionalism and care.
Katherine H., Satisfied Client
I would highly recommend John and Keyrenter Property Management for all your Rental Management needs. They have repeatedly filled my vacancies with qualified tenants within days of getting the listing. They have tackled all my management tasks quickly and efficiently. My tenants love them.
Kurt H., Satisfied Client
I interviewed three property management companies. I decided that John Golden and Keyrenter was the best fit for me. John presented himself as a professional, very knowledgeable about property and city requirements, and respectful of my position as owner of property.
Shirley D., Satisfied Tenant