San Francisco is known as one of the best cities to live in in the world. The San Francisco Bay Area encompasses the Golden City, as well as many other cities that surround the area. San Francisco Bay is a great place to own a rental property and bring in additional income.
As a landlord and property owner, finding the time and resources to take care of your property can be challenging. That's why you must find real estate management in San Francisco Bay. A property management company can decrease your workload and stress levels.
This guide will discuss our top seven tips for finding a reputable real estate management company in San Francisco Bay.
1. Ask for Referrals
One of the first things you should do is to speak with your fellow landlords and investors. Ask them about their experiences with real estate property management companies in San Francisco Bay. They can hopefully provide you with a list of businesses they've worked with in the past.
2. Conduct Interviews
Once you've compiled a list of a few companies, schedule interviews with them. Pay attention to how long it takes them to get back to you.
If you're waiting for days for them to call you back, that might be a red flag. However, if they answer your call or email immediately, that's a great sign.
3. Consider Their Location
You want to connect with a California real estate company in the San Francisco Bay Area. They should be relatively close to where your rental units are.
If one of your tenants has an emergency, you don't want your property manager to be hours away. A property manager can efficiently manage a property close to them.
4. Ask Them About Their Pricing
You should bring in enough income to afford a property management company. You still want to profit from your buildings even after hiring another business. Ask them for their pricing while you conduct your interviews.
5. Review Their Services
The property management company you choose should cover the services you need. Ask yourself what you need help with. Some of the items you might want to be covered include:
- Eviction protection
- Tenant screening
- Financial reporting
- Marketing
6. Review Their Experience
Review a property management company's online testimonials and reviews before you conduct interviews. Ask if they're licensed as well. You might want to consider other options if they can't provide testimonials and proof of their license.
7. Conduct Online Research
The reputation of a property management business is essential. The internet is a great place to look at third-party reviews of various companies.
You can also look at their social media platforms and websites. Look to see how often they post and advertise available units. You can also see what types of properties they typically work with.
Find Real Estate Management in San Francisco Bay
Getting real estate management in San Francisco Bay is key to ensuring your properties run smoothly. An experienced company can help decrease your workload while keeping your units full of high-quality tenants.
Kenny Realty is here to help manage your properties. Contact us today to learn more about our services.
Evan has been in the real estate and property management field for 6+ years. He is experienced in working with first time home buyers, is an Accredited Buyer’s Representative (ABR®), Seller Representative Specialist® (SRS) and Seniors Real Estate Specialist®(SRES®). He also works closely with Kenny Realty owners, getting their rental properties rented as quickly as possible. Evan is responsible for monitoring rental market conditions and advising our owners on market rates. He has outstanding communication with all clients he works with, keeping everyone in the loop at all times. He is the third generation of the Kenny family to practice property management on the peninsula.