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Updated about 11 years ago,

User Stats

203
Posts
31
Votes
Andres Piedra
  • Involved In Real Estate
  • Potomac Falls, VA
31
Votes |
203
Posts

Property Manager........They Stink. What to do?

Andres Piedra
  • Involved In Real Estate
  • Potomac Falls, VA
Posted

I finally caved in and for the first time ever, I have put a property in the hands of a "qualified" property manager. I vetted this company well and it seemed like a good one to hire. However, after signing the agreement, it comes as no surprise to most I am sure, the company is a dud. It took them over a week to get the property on the market and now I have to be extremely proactive in order to get any information out of them. Needless to say, the property isn't rented yet and they will NOT be getting any business from me in the future.

However, I now have a contract with these people and it stipulates that I may be charged a $750 fee to break the contract. Has anyone ever been in this situation? How did you handle it? I definitely do not want to pay to break the contract, but also, I would really like a proactive property manager (who I think I have found already) who responds to my requests for information and returns emails and phone calls.

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