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Updated over 2 years ago on . Most recent reply

Would you fire your PM if their days on market avg was over 40?
Serious, yet simple questions:
Question 1: If you found out your property management company had an average days on market of over 40 days would you immediately fire them and look elsewhere?
Question 2: If you answered yes, to question 1, what do you look for in a new property manager?
Question 3: How do you know your new PM isn't just a good salesperson?

Most Popular Reply

If I had a management company, I would want them to be selective in their tenant placement. I'd rather have vacancy of a unit awaiting a tenant than vacancy due to an eviction or torn up unit. If the manager places any warm body, the stats may look better but the results may be dismal.