Don’t Let Management Companies Take Advantage Of You

If you decide to work with a property management company educate yourself about possible hidden fees that may be added to take advantage of less knowledgeable property owners. Extra fees like charges for acquiring work or cleaning estimates, procurement fees for finding new tenants and commission fees added to tenant sales are just a few examples of things to look for. Commission charges that are added to tenant sales are negotiable within property management agreement. These types of concealed charges are typical in agreements created by larger companies that have a property management division. In general, cost to hire a property management company should be a percentage of monthly rent.

Tips To make Your Property Management Search More Successful

Always research and read your property management agreement from beginning to end. Don’t sign anything until you feel comfortable. Take all time you need to make a decision. Research and compare property managers. Ask them about their marketing strategy for property. Find out how long manager has been licensed and how many properties they have worked with. Ask for and contact references. The best property managers are found by referral through a trusted friend or business colleague.

Living By Example

As a property manager I try to exemplify highest qualities in business. I charge a percentage of rent for my fee and promise not to add any hidden fees or undisclosed costs. I also require all potential tenants to allow me to do a credit check. I work to create best situation for everyone involved. Since many rental properties eventually go up for sale, you are always building relationships with tenants who may be potential buyers. It is worth it to be smart, fair and reasonable in your property dealings.

Kingsmill is one of most prestigious communities in Williamsburg. All homes are custom built, and only resells are available now.

Ford’s Colony Ford’s Colony, like Kingsmill, has three 18 hole courses. All were designed by Dan Maples. Choose from Marsh Hawk Course, Blackheath Course, or Blue Heron Course. Visit http://wwww.fordscolony.com to take a virtual tour of each course. Home buyers interested in living at Ford’s Colony will find lots available for home building sites, newly custom built homes, and resells of custom built homes. Greensprings Plantation At Greensprings Plantation, golfers come from near and far to play 18 holes on Williamsburg National Golf Course designed by Jim Lipe of Jack Nicklaus Design Associates. Lots are available for home building sites, newly custom built homes and resells of custom built homes. Governor’s Land Governor’s Land is known for its high dollar elaborate homes and quiet seclusion on James River. Two Rivers golf course was designed by three-time golf architect of year Tom Fazio. Admisssion to this course is only granted to members of Two Rivers Country Club. This 18 hole course runs along James River, which provides a scenic backdrop for a game. The design takes advantage of natural contours of river, marshlands, ravines, and woodlands. Residents of Governor’s Land enjoy full use of a marina, and life in most exclusive, high end community in Williamsburg. Home buyers may purchase lots to build new homes, newly custom built homes, or resells of custom built homes. For golfing enthusiast, an opportunity to live so close to game is paramount. In Williamsburg Virginia, golf capital of East Coast, golf communities abound. Call me at 757-288-4685 or e-mail at vonmor1@cox.net. I am a REALTOR who is in know about these communities. I’ll be happy to help you locate home that fits your needs and lands you as close to game of golf as you dream of being.