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Updated almost 6 years ago on . Most recent reply
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How many strikes before switching property management companies?
After a few months with a property management company, they have made a few mistakes:
- Forgot to resolve a broken item in the condo for the tenant, with no communication about the fix/progress for over 2 months
- Miscommunicated rules of the lease to the tenant
We’ve also received feedback from our tenant that they aren’t very happy with the tenant-side service.
How should we decide when to start looking to switch management companies? Their fee is 9% of the monthly rent, plus 50% of the first months rent per new lease signed.
Thanks in advance for any advice!