If you are a homeowner, landlord, or real estate investor interested in hiring a property manager or property management company you'll likely be interested in knowing what a property management agreement is and why you need to sign one.
What is a Property Management Agreement?
A property management agreement is an essential aspect of working with a property manager as it outlines the terms and conditions of each parties’ duties and responsibilities.
Property Management Agreement's Should Include:
1. Terms of the Contract
2. Management Authority
3. Management Duties
4. Property Management Fees
5. Property Manager & Owner Responsibilities
Make sure you know and understand your property management agreement. An important term to understand is the Fees the property manager will charge. Below are a few helpful link to better understand Common Property Management Fees:
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Remember when looking at and signing a property management agreement be sure to review the Terms, Duties, Responsibilities, Authorities, Pricing, and any Guarantees being offered.
Check out our full blog post here:
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If you have any questions or would like to learn more about our Property Management Services Agreement that we use to protect our rental owner client here at The Listing Real Estate Management contact us Today!
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The Listing Real Estate Management is a full-service residential property management company specializing in the management of single-family homes, townhomes, condos and multifamily properties throughout the greater Orlando area. At The Listing, we’re your boutique property managers who set our management standards high. We aim to always be a Resource to YOU and your rental investment property!
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