Recently, a friend of mine had a horrible experience with the tenants that rented her condo. Her tenants would call and text at all hours of the day with issues ranging from drawers off their tracks to asking who they should call for Propane delivery, for the fourth time!
Frustrated and annoyed my friend reached out to me several times to vent and ask advice. This last time we spoke my friend let me know that the tenants would be breaking their lease; leaving my friend in the position of having to rent her place quickly with the added difficulty of having to show it while still occupied. Never a good thing!
My friend could have avoided many of the above problems had she hired a rental agent.
Hiring a rental professional can be of great service to a landlord in several different ways:
- First and foremost, hiring a professional creates a healthy distance between Landlord and Tenants. Let’s face it, you want to be notified if there are major issues but typically you are not looking for a BFF in your new tenant. Our company will deal with all the initial communication and give the tenant your contact information once you have approved them and signed the lease. We will relay any pertinent information and pass their contact information on to you as well.
- As a professional, I constantly scour Craigslist to make certain our rental rates are in line with other properties on the market in the area. It is this constant research that allows us to get our Landlord’s top dollar for their units. Minimally, I find a landlord that uses our services often increases their rental rate by $50 a month. This may seem small but annually that adds up to an additional $600 in your pocket.
- Should one of our Landlord’s find themselves in the same situation as my friend, Fishman Realty Group would immediately assist. A professional guarantees their work and would assist the Landlord in finding a quality tenant again at no additional charge. However, this is not an issue Fishman Realty Group finds itself in often due to the amount of screening involved in every application. With each application we receive we do a credit check, confirm income and rent-to-income analysis, and check all references. In some situations we will even request an applicant provide a co-signer or a lease guarantor to make sure the lease is as secure as possible.
Never wanting to say, “I told you so,” to a friend, in this situation it was difficult not to. Should you wish to find out more information on the benefits of hiring a Professional Rental Agent, please give our office a call. Fishman Realty Group has over 40 years of rental experience and would like to put it to work for you.
