Getting rid of p.m.

[Carolyn Keller]

Well ive decided to dump my pm, and go a smaller, more local company that seems more up front, charges less per month and new pm is a rental property owner himself. Anyone have a sample letter of termination for pm? I have to notify them within 30 days. And i kept meticulous records of events, communications and where/why I was unsatisfied. See my other posts. To top it off I am arranging service appts, and following up with trades after they finish. Basically doing their job. I'm done, and manager not once has called me to address problems

Also any advice for getting rid of old and bringing new in, without interrupting tenant?

[Omar Merced]

Hi Carolyn. You'll need to look at your management agreement and see the terms of your contract. After that it's pretty straight forward, usually a simple letter. They usually require at least 30 days so just make sure you follow the contract. If they push back for some reason you can present your evidence. When I managed property I would never work with anybody that wasn't happy with my service. I only had one person leave and in my opinion he was crazy. Anyway, depending on your new property manager they usually can handle the rest up to giving the actual notice to the old PM and facilitating the transfer of deposits and other payables such as taxes, common electricity and so on. They will notify the tenants of the management change and payment address and/or methods in writing and thats about all. I used to do all of this for my owners and I would usually end the conversation with the other PM by saying "it's not you, it's them" most of times I would get a laugh. Hope this helps!