6 Traits of a Bad Property Manager - purerealestategroup

6 Traits of a Bad Property Manager

As a property owner, it’s important to choose a property manager who is reliable, knowledgeable, and capable of providing high-quality services. However, not all property managers are created equal, and it’s important to be aware of the indicative traits of a bad property manager.
  1. One of the most indicative traits of a bad property manager is their reliance on inexperienced or junior staff to cut costs. This is often done without providing adequate training, which can lead to major inefficiencies and poor service. This not only impacts the quality of the property management services offered, but it can also cause major headaches for property owners and tenants.
  2. Another trait of a bad property manager is their lack of effective operating software. This can lead to massive inefficiencies and can make it difficult for property managers to keep track of important information and manage their properties effectively. It can also make it difficult for property owners and tenants to access important information and communicate with the property manager.
  3. A third trait of a bad property manager is their inability to support all of your invoices, rates, and expenses. This can create major problems for property owners, as it can lead to overcharging or undercharging, which can result in lost revenue or unexpected expenses. It can also create problems for tenants, who may be charged incorrectly or have their payments mishandled.
  4. A fourth trait of a bad property manager is their lack of regular training and updates on legislation. This is important because the property management industry is constantly changing, and property managers need to be up-to-date on the latest laws and regulations. Without regular training, property managers may not be aware of important changes that could impact their ability to manage properties effectively.
  5. A fifth trait of a bad property manager is their limited property inspection reports. Property inspections are an important part of property management, as they allow property managers to identify and address any issues with a property. If a property manager only provides two inspection reports per year, they may not be able to identify and address problems in a timely manner, which could lead to costly repairs and unhappy tenants.
  6. A sixth trait of a bad property manager is their high staff turnover and frequent changes in management. This can create major problems for property owners and tenants, as it can lead to a lack of consistency and a lack of knowledge about a property. It can also make it difficult for property managers to develop a good working relationship with their clients, which can impact their ability to provide effective property management services.

In conclusion, it’s important for property owners to be aware of the indicative traits of a bad property manager. By avoiding property managers who exhibit these traits, property owners can protect their investments and ensure that their properties are well-managed and well-maintained.

When it comes to choosing a property manager, it’s important to consider all of your options and select a company that will provide high-quality services and support. Pure Real Estate is one of the leading property management companies in the industry. They have an experienced and knowledgeable staff, use advanced technology, and are committed to providing excellent customer service. Overall, they are an excellent choice for property owners looking for a reliable and effective property manager.