Thursday, June 11, 2009

Common Pitfalls in Hiring Naples Property Management

  • Hiring only a real estate sales agent to manage your property
  • Paying more than 7% of the Gross Lease as a leasing commission
  • Paying more than a 10% management fee
  • Signing a long-term, binding contract
  • Using stock, dated leases
  • Hiring managers who don't have the proper experience and education
  • Hiring companies that only do leasing and not management
  • Hiring companies that don't return your call in a timely manner

To maximize income and minimize losses, owners should consider the advice of local real-estate leasing professionals and be aware that rental rates are not a function of the owner’s mortgage payments, but one of supply and demand. This realization should ensure a better outcome in this very different market.

For Free Consultancy about Hiring Naples Rental Management pls visit this link

http://www.naplespropertymanagement.net/owners.html

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