I continued the questioning because I thought it would be interesting to hear the greed drip through the phone. She said usually the comission is ‘one half of first month’s rent’.  Since we charge less for our own leasing fee, I had to tell her we do not have a commission to offer.  That was the last I heard from her.

Now I don’t expect people to work for free, but some questions came to mind.  What if this property was the absolute perfect one for her client?  How much would that be worth?  If a realtor located a property for a client, it was the ideal place, the client loved it and it improved the client’s life, wouldn’t they rave to all of their friends and family about the realtor?   

The realtor might have received 10 referrals from that one prospect and maybe 10 more from each of the new referrals.  Maybe 100 commissions were thrown away in a chase to get paid, rather than putting the client first.

At Sun Rock, we give before we get.  The purpose of this blog is to give quality information to real estate investors.  By doing this we have earned well-educated and informed clients for life.  This is the difference between chasing a paycheck every month and building a successful business. 

Not saying all realtors act like this, but anyone who does, Sun Rock Property Management does not want to do business with.

For quality property management in Lakewood Ranch, Florida, contact Sun Rock Property Management now.

Related posts:

1. Is Your Property Manager a Realtor?
2. It’s Not You. It’s Not Your Home. It’s Your Realtor.

Don’t ask the shoe salesman if you need new shoes…and don’t ask me if you need a property manager, the answer is always YES. But, here are my top 5 reasons on why a professional property management company will benefit you.

1. Rent Collection and Depositing – not getting the rent check just one month can kill your cashflow. Having to constantly remind tenants that their rent is due or late can be a real pain. A good property manager will have systems in place to effectively collect rent and maintain on-time payments.

2. Rates for Rent – A good property management company knows the area they are managing. They know how much your property can be rented for and can keep the vacancy rates and advertising costs as low as possible.

3. Securing Tenants- finding good tenants can be very time consuming. A property manager can take care of securing all background checks, credit reports, employment verification, and verifications of rent and showing the property. By hiring a property manager you will not have to deal with tenant disputes, conflict resolution and emergency maintenance.

4. Professional Network. Property managers develop relationships with professionals in related fields, such as maintenance workers, tradesmen, vendors, supplies and contractors that you do not have. Because of the bulk of business that a property manager gives these professionals, they can provide quality work at a discount.

5. Time – Enjoying your life while just having the rents deposited into your bank account is probably why you got into real estate investing. Real estate income is not passive if you are spending all your time maintaining the property, handling tenants and keeping the books. A Property Manager is an investment, not an expense, you want to own your own time.

Contact Sun Rock for full-service property management in Bradenton, Lakewood Ranch and Sarasota, Florida.

Related posts:

1. 5 Reasons to Avoid a Property Manager
2. Is Your Property Manager a Realtor?
3. The MLS is Useless for Finding a Tenant