Property Management

It's interesting how busy our property management department is these days. Some owners think of managing the property themselves but landlord/tenant laws can be complicated so calling us is a great idea. One legal mistake can cost you far more than our fees. If you need to rent out a home that you have lived in or have emotional attachment to, a property manager can serve as a realistic voice in the decision making process and management. We know the rental market as well as the sales market and know how to maximize the landlord/tenant relationship.

We are finding great pleasure in helping property owners navigate their way through becoming un-intentional investment owners. If you need help managing your property, whether you are a seasoned investor or a homeowner struggling to sell right now we are here for you.

When you can't sell your home...

Many homeowners lateley are calling to tell us that they can't sell their home and they want to get information on renting it out. Becoming a landlord is not a decision that should be made lightly.

First take a look at your motivations for selling your home. What will you do in 3 months, 6 mos., a year if/when your home doesn't sell or rent. Always have a backup plan (or a few backup plans). Having your plan b in place can help avert financial disaster, i.e. foreclosure, bankruptcy, short sale. Is moving out of your home worth it?

Secondly turn to a reputable real estate company/associate who isn't afraid to tell you the truth. So many companies will tell you what you want to hear, then leave you high and dry when your expectations aren't met. This doesn't neccesarily mean lower your expectations, just have realistic ones.

Also talk with your real estate professional about what to expect in terms of the rental should you go that route.