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Updated over 4 years ago on . Most recent reply

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9
Posts
1
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Shalin Patel
1
Votes |
9
Posts

Ghosted by management company

Shalin Patel
Posted

We have a SFH in Richmond, VA and have been with the same property management company for 7 years. This year the tenant gave a 2 month move out notice to the assistant property manager who quit the same day. Ultimately no one in the company (or us) knew about the move out until the day the tenant moved out which was August 31st. The company did the move out inspection however took 4 days to submit the report to us. Now we are trying to move forward with them however it's been a week and half and we are getting zero responses from the property manager. We will lose 1 months rent due to vacancy and need for repairs such as paint and carpet cleaning.

Questions:

1. Do we stick with the same company or find a new one?

2. If we stick with them, what should we negotiate in the new management contract. Right now it is 1/2 month rent for tenant procurement and 10% monthly rent for management. Rent is $1800/month.


Thanks everyone!

Most Popular Reply

User Stats

204
Posts
297
Votes
Stephen Glover
  • Property Manager
  • Richmond, VA
297
Votes |
204
Posts
Stephen Glover
  • Property Manager
  • Richmond, VA
Replied

@Shalin Patel  How has your experience been in the past 7 years?  Is this the first mistake or is there a pattern?  If this is their first major mistake, communicate with them and keep rolling forward.

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