If you’re looking for property management services in Salt Lake you’re probably going to go online and do a quick Google search. Around 1.3 million search results (give or take) with related companies will come up and most of them offering a variety of services and pricing. But where should you begin and what do you need to know when it comes to pricing? Ideally you’re looking for a good fit.
Here are some helpful tips for getting started and determining the role “price” should play in your decision:
- What’s most important to you? Seems like a simple question, but really it isn’t. Pricing, location, services, experiences…all of these play a role. Sure the easy answer would be to say “all of them”, however in all honesty one of these items is the most important to you. Now that you’ve decided which factor is most important, let that guide your search taking top priority.
- You get what you pay for. By reviewing some of your top choices and comparing service offerings and prices, it's likely you'll notice a wide difference. Why? Usually when you see a company that offers an abnormally low cost compared to others that should be a red flag for you to dig a litter deeper. Hidden fees or upfront costs could be making up the difference or the quality could be sub-par.
- Ask about up-front fees. From varying set-up (0-$350), application ($25-$50 per person) and management (7-10% monthly income) fees you’ll need to do your homework and cross compare. Take advantage of special offers, but ensure to get a cost summary from any prospective companies before you make any final decision.
The most important thing you need is “clarity” from your search. It’s much easier to make a wise decision when you have “all the information” in front of you.