Additional benefits of using a property management company for your rentals

In a recent article, Far West realty discussed some of the benefits a property management company can provide for your rental properties. Far West Realty would like to share additional benefits of using a property management company for your Prescott rentals.

Here are some benefits to consider:

  • Preserving value and assets. Tenants are always content if you offer them good maintenance, and by doing that you also preserve the value of your assets. By hiring a property manager, you benefit from access to professional maintenance. Working for you will be a network of licensed, insured, and bonded contractors. These contractors can be trusted and have been vetted for quality work and good pricing. This will save you a lot of money compared to hiring someone from an advertisement.
  • Great discounts. A property management company is able to get discounts because of their volume of managed properties.
  • More efficient rent collection. The process of collection of rent and late fees is an extremely important aspect of property management. Cash flow must be efficient, so rent must be collected on time every month. Using a professional property manager as the landlord puts a buffer between property owners and tenants. It is thus the property management company who has be firm, to listen to tenants’ excuses, collect rent, and handle evictions if necessary. What a relief for the landlord!

Far West Realty encourages you to consider these additional benefits of using a property management company for your Prescott rental. If you have a rental property, you’ll want to talk to the professional communicators at Far West Realty. We are experts at effectively communicating both the needs of the landlord and the tenant to get you the most out of your Prescott rental property. For more information call us today at 928-772-9400.