Property Management Fees Explained – Tips for Landlords in Greenville

System - Monday, August 21, 2017

There are several Greenville property management companies to choose from in this area. One of the biggest differences between our team and others is the quality of service we provide. We manage many properties and we provide full service management, but we believe in quality over quantity. We take extra care of your property. Today, we’re talking about property management fees.

Lower Fees or Better Service

Our years of experience come through in all of the work we do for our owners and investors, and it also saves you money in the long run. Some management companies in the area will do a flat rate or charge a suspiciously low rate like 6 percent of the monthly rent. Then, they nickel and dime you, and you end up getting less service for more money.

Saving on Maintenance Costs

Maintenance is an area where owners can lose a lot of money if their property managers are making bad decisions. Some companies will send out a contractor or a vendor every time a tenant submits a maintenance request. Others will charge a percentage on top of the repair cost. These things are not in your best interests, and it encourages work that may not be needed.

Troubleshooting Maintenance Issues

We troubleshoot problems over the phone with our residents before sending a vendor. For example, someone recently called and said the dishwasher was not working because it wasn’t draining. We worked with them over the phone and determined it was the garbage disposal, not the dishwasher. So before sending out an expensive appliance repair person, we were able to send our handyman over, which was a lot less expensive.

Another example is HVAC. A resident recently said the air conditioning wasn’t working, so we talked through it and it turned out the batteries in the thermostat needed to be changed. We’ll take care of these things and save you money. With a low cost supplier or a management company that juggles too many properties, you’ll lose money and get a lower quality of service.

We take pride in caring for our owners, and we do everything in your best interest. If you have any questions about fees and service or anything pertaining to property management in Greenville, please contact us at Convergent Property Group.