Are you stressed out juggling too many community management tasks alone? Consider hiring a community management company in Austin, TX this year. Relying on their experience and expertise can save you time and potential stress.
There are over 296,200 property management businesses in the US, however. Don't make the mistake of choosing an inexperienced team.
Instead, read on to learn how to effectively vet community management companies today.
1. Know Your Needs
Before creating a list of Austin community management companies, outline your needs. Determine what services will help you accomplish your goals.
Consider speaking with other board members. You can also gather input from community residents.
Begin your search for management companies online. Determine how long each company has operated in Austin. Try to find a long-established business and experienced team.
An experienced community manager is less likely to make mistakes. You'll feel confident investing time and money in their services.
Confirm that each company on your list is licensed or accredited. Don't hire an unlicensed company. A licensed company is more likely to meet your standards.
Look for companies accredited by the Community Associations Institute (CAI). The CAI is the top accreditation for the industry. They offer education to community associations and professionals.
When searching for a company that meets your needs, consider your community's values.
Make sure their culture and values align with your community's.
2. Prioritize Service
Prioritize finding a community management team that offers the services you need. A company that offers the right services is more likely to accomplish your goals. Otherwise, you might have to hire a different community manager in the future.
Don't sacrifice quality for costs. Chances are, you'll get what you pay for.
For example, you might want to look into a company with an efficient screening process. A subpar screening process will cost you in the long run. If the company doesn't screen tenants, you could encounter stressful situations.
Ask questions about their maintenance management. How quickly does it take for them to fulfill a request?
Reach online reviews to find a company that offers quality services.
3. Compare Prices
Determine what fee structure each company follows. Standard property management fee structures include:
- An initial setup fee
- A monthly management fee
- Maintenance fees
They might charge separate fees for additional services.
Don't select the cheapest option available. Instead, compare prices between three local companies. Determine the average price of community management services in Austin.
If one company charges more than the rest, ask why. You might pay more if you choose a more experienced management company. You'll likely pay more for better services and faster response times, too.
Hire a Community Management Company Today
Don't rush to hire the first community management company in Austin you find. Instead, do your due diligence. Use these tips to find the best property manager in the city.
With their help, you can avoid losses and stressful situations.
Rely on the best community management services in Austin! We're here to help.
Contact us for property management help today.