As a homeowner investor, you need to know what a good property manager does. After all, you are entrusting the care of your most valuable asset to them. A good property manager will protect your investment, minimize your costs, and maximize your income. Here is a look at the three most important things a good property manager will do.
1. A good property manager will market your rental property to potential guests
In order to get top dollar for your rental property, it is important to have it occupied by quality tenants. A good property manager will use their marketing expertise to find the right tenant for your rental property. They will use a variety of resources such as online listings, print ads, and word-of-mouth to reach potential tenants.
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At Global, we have thousands of guests who stay in homes just like yours each year. We remind guests to book early and to get the dates, homes, and amenities they want. Our stellar team of vacation rental professionals and reservationists reach out to repeat guests proactively to ensure homes like yours are booked year after year. Our large pool of past guests, travel agencies, booking partners, and our marketing campaigns ensure the right guest sees your home at the right time.
2. A good property manager will screen guests
A bad tenant can cause all sorts of problems such as payment issues, causing damage to your property, or disrupting the peace in the neighborhood. A good property manager will screen potential tenants using fraud protection methods, booking rules, and preventing bad actors from being able to book. This will help ensure that you get quality guests who will respect your property and pay their rent on time.
Our partnerships with Airbnb, Vrbo, and other travel companies allow us to screen guests prior to booking. Our reservation team looks at each transaction, communicates with potential guests, or may even require a larger deposit for last-minute or shorter stays. This helps ensure your property is protected no matter what.
3. A good property manager will take care of your property.
Your rental property is a valuable asset that needs to be well-maintained in order to hold its value. A good property manager will take care of your property by performing regular maintenance and repairs. They will also make sure that any necessary inspections are performed in a timely manner. By taking care of your property, they are helping to protect your investment.
This in turn also allows you to relax and enjoy the fruits of your investment without having to worry about the day-to-day upkeep. Global’s maintenance fleet is always in the field working on repairs, upgrades, or other home improvements to ensure homes under our care are ready to rent and in great condition.
As you can see, there are many things that a good property manager does in order to protect your investment and maximize your income. When choosing a property manager, be sure to choose someone with the experience and expertise necessary to get the job done right.