The 16 Questions
- How many residences do you manage?
- How many evictions have you performed in the past 5 years?
- Do you specialize in a geographic location or a certain type of property?
- How many people work for your management company?
- If you combined all the years of property management experience for everyone in your company, how many years would that be?
- How many of your employees have a real estate license?
- Do you hire leasing agents that are compensated for each property they rent?
- How many property management related educational classes or seminars have you attended in the past year?
- How many applicants do you turn down for every one you accept?
- How long is your management contract with owners?
- What was your vacancy rate last year?
- What day of the month do you typically mail a check to your owners?
- How many times have you been to court regarding deductions from a tenant's security deposit and what were the results?
- Are you a member of NARPM?
- What is your system for inspecting rentals?
- What are your management fees and what costs are included?
Most expert property managers in the Sacramento area are members of NARPM (National Association of Residential Property Managers). NARPM news letters and business meetings are an important way for property managers to stay current with the latest trends and new laws. NARPM members must comply with a strict code of ethics and standards of professionalism.