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Updated almost 13 years ago,
poor marketing of my property by PM company???
Hello,
we have a 2br/2.5ba house in Las Vegas (new to property investments), and I am not happy with property management company. Am I exaggerating, or should I take action? Our property has been on the market for 745$ for the past 25 days, usually it has 3 showings/week (as per PM). Here are the mistakes I found from their marketing ads:
--wrong PROPERTY DESCRIPTION when you dial the ad for the property. It's NOT our property that was advertised!!! So when potential tenants call 1-800 number, then they dial extension 120 to listen about our property, it advertises somebody else' property!!!!!!! Our property has been on the market for 25 days now, and NONE of prospective tenants mentioned this to the PM??? I am wondering if they are SHOWING my property AT ALL! Since we live in CA, it's hard for us to check on them..
--PM had advertised the property with only 2 baths, whereas the property has 2.5 baths. We asked them to correct their ad on craigslist and everywhere else (MLS). They corrected it on craigslist, but not on other MLS and websites...
--we asked them to lower the application fee from 50$ to 35$. They changed it on craigslist, and not on other websites.
Am I being a control freak or should I take an action?
Thanks for your input...