Property Management: Agent or Company?

Finding a suitable property management service in Orlando can be a challenge, but everything is possible if you know where to look.

Of course, today the Internet is the best source of information on any subject. Thus, you should start your search there. Bear in mind that even despite the fact that looking for something online is much easier, this process will require a significant amount of time, because you will need to check the backgrounds of different service providers and look through various online forums in order to find some reviews from their other clients. Luckily, if you go to, you will see that the websites of reputed companies contain almost all information you will need to know about them. This will help you save a great deal of time.

However, there is one major decision you will need to make before you start surfing the Internet looking for property managers. You will need to decide whether you should employ the services of a private agent that works solo or a company that is comprised of several professionals that specialize in different tasks. There are some pros and cons to both options, thus, you will need to give this subject some serious thought.

Pros of Hiring a Private Agent

Both the best and the worst thing about private property management agents is the fact that they work alone. Of course, this doesn’t mean that they perform all the duties of a property manager personally, because it’s highly unlikely that an agent like this will actually fix the building’s plumbing by hand.

This is why they outsource a huge part of service providers and act as a coordinator of sorts. These agents are primarily focused on marketing, accounting and finances. Thus, they may be a bit limited in understanding various facets of problems your tenants may have. This means that they might be a bit slow to act and the people that rely on them will be dissatisfied with you, because you are the actual owner of the property.

Working with a Company: A Perfect Solution?

On the other hand, when you hire a property management company, you employ a team of qualified specialists that can assess the situation from different angles and provide any kind of service quickly and efficiently.

However, in order to be reliable, companies like this must be structurized and well-managed. Otherwise, one hand won’t know what the other does, and their inner disturbance will affect both yourself and your tenants.