The First 7 Questions to Ask a Property Management Company

1. How long have you been in the business? Who is the licensed broker of the company?
2. Do you  manage properties such as mine?
3. Do you review my existing agreements? Are you able to upgrade these contracts with my existing tenants at no additional cost?
4. Do you  have experience with rent control issues and Housing Department Code Enforcement concerns? Have you actually been to any hearings regarding these entities?
5. Do you advertise my vacancies? How long do you think it would take to fill a vacancy in my building? Are you able to advertise in different Internet sites as well as newspapers and trade papers?
6. Does your company offer a website? Can your company communicate with me via email?
7. Are there members in your company that are bi-lingual?

Source: Bruce Jay, BA, CRS, GRI (AOA News and Buyers Guide, June 2007)

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