A Landlord’s Guide to Changing Property Managers
Switching property managers doesn’t have to feel like pulling teeth. Although it might seem tempting to avoid the hassle altogether, making the switch can provide peace of mind and even save you money in the long run. If you’re a landlord considering changing property managers, it’s likely because you’re not satisfied with your current provider. You are entrusting them with an important task after all, so it’s essential to ensure they’re delivering the level of service you deserve. In this guide, we’ll walk you through the steps involved in switching property managers and highlight the key considerations to keep in mind along the way. Assess Your Current Situation Take a moment to assess your current property management arrangement. Consider factors such as the level of service you’re receiving, communication with your property manager, and overall satisfaction with the management of your rental property. Understanding these issues is crucial. Asking yourself a few questions about your current property manager’s performance will help you determine if it’s time for a change. Understand Your Contract Keep a copy of your Appointment of Agency form handy to know when you can terminate your agreement with your current agency. Depending on your agreement type, you
