Saturday, September 3, 2011

Quality Property Management ? Goldenbee Properties

A quality property management firm will have a quality vendor list.

It is imperative for your property management company to have a long rolodex filled with a variety of vendors.? This will come in handy when maintenance requests are made or major renovation and remodeling is undertaken.?? By having a large vendor pool, the property management company can source a variety of professionals.? This allows for appropriate price checking and quality checking, providing better service at a better rate.

A quality property management company will want to get at least three bids for any major remodeling job.? For minor jobs that require more generalized maintenance a property management firm will likely call upon their cadre of hanydpersons, maintenance crews or local professionals within their vendor list.? For these jobs, it is important that each vendor provide a preferred rate to the property management company to minimize costs.? It is also preferred to use at least three to five different crews, rotating between them, to ensure cost effectiveness, timeliness and proper workmanship.

Source: http://www.goldenbeeproperties.com/blog/real-estate-advice/quality-property-management-3

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