"Karen,
Good point. The answer would be yes, you would have to track what you do for them, but the system can help with that. I am looking at this as a way for PM firms to pick up new customers - some may be full-service, others may partial service.…"
Jared Schauers's Discussions
What makes you different than your competition?
Started this discussion. Last reply by Karen McDaniel Aug 4, 2010. 2 Replies 0 Likes
I am writing a page for my property management website about why a rental property owner would choose my company over my competitors. When a potential client asks you why you are the right choice,…Continue
Tags: advantage, Competitive, Differentiation
I need ideas on finding new property management clients (owners of rental units)
Started this discussion. Last reply by Nate Burnes Aug 20, 2010. 9 Replies 0 Likes
I have been doing property management for 4 1/2 years. I currently manage about 150 units. This growth has exclusively come through referrals which has been great. I have done minimal advertising…Continue
Tags: growing, management, business, owners, property
Jared Schauers's Page
Latest Activity
Nate Burnes replied to Jared Schauers's discussion I need ideas on finding new property management clients (owners of rental units)
Karen McDaniel replied to Jared Schauers's discussion I need ideas on finding new property management clients (owners of rental units)
"Nice concept....one questions does this cause you more accounting issues keeping track of what properties are full service and which are partial. I could see where you'd have to be organized for the different account setups...."
Nate Burnes replied to Jared Schauers's discussion I need ideas on finding new property management clients (owners of rental units)
"Jarad,
The idea hear is that you provide a guideline of the things that need to be done to manage a property - insurance renewals, inspections, certificates, vendor insurance.....through the online software you can share this information and then…"
Jared Schauers replied to Jared Schauers's discussion I need ideas on finding new property management clients (owners of rental units)
"Nate, that sounds interesting. Would you mind listing a couple possible scenarios? Perhaps, you just offer a landlord screening services or maybe you just handle maintenance for them. Give me a couple of ideas. Thanks."
Nate Burnes replied to Jared Schauers's discussion I need ideas on finding new property management clients (owners of rental units)
"Jarad,
I am new to the group and was just looking through the discussions and saw yours. We are seeing some success in offering a hybrid property management solution. We have seen property owners not willing to pay for full service management. A…"
Karen McDaniel replied to Jared Schauers's discussion What makes you different than your competition?
"Walk the talk. is my best advice to any property management company looking to gain and retain good quality clients. This will go a long way towards separating you from your competition.
If your motto is "We'll manage your property like…"
Karen McDaniel replied to Jared Schauers's discussion I need ideas on finding new property management clients (owners of rental units)
"Hi Jared,
One thing I would do is incorporate your property management services in your website.There is no mention on it that you provide management services: only the sales side is mention. Also investors like to know what types of properties you…"
Jared Schauers replied to Jared Schauers's discussion I need ideas on finding new property management clients (owners of rental units)
"Thanks Patrick. Good input"
Patrick Rogers replied to Jared Schauers's discussion I need ideas on finding new property management clients (owners of rental units)
"Jared,
Here are a couple fast ways to generate new growth in your business:
1. I know you may be tired of referrals, but you are probably getting them without asking? Whenever you get a compliment from one of your property owners, ask for a…"
Echo Cheng replied to Jared Schauers's discussion What makes you different than your competition?
"1. Provide a simple, easy to use tool
A web-based landlord portal, or a mobile-enabled capability add to your site for rental property owner to use 24/7.
2. User Centric
Anything you do, think rental property owner's need first.
3.…"
Jared Schauers posted a discussion
What makes you different than your competition?
I am writing a page for my property management website about why a rental property owner would choose my company over my competitors. When a potential client asks you why you are the right choice, what is your answer? Do you have several clear reasons? A lot of times companies tend to be generic in their responses. I think the answer to this question is the key growing your business. What makes you the best? See More
Jared Schauers replied to Beth Owens's discussion Property Management Pay Scale
"I have the exact same question and would like feedback. I hired a property manager a couple years ago who I overpaid considerably and he ended up having to quit because of health reasons after I hired him. I agree, the manager should have some kind…"
Jared Schauers replied to Andrew Schultz's discussion Where Do You Advertise / Seek Clients?
"Dennis,
I have thought about marketing to homes that are currently on the market for sale, perhaps more directly to homes that have been on the market for a while. In Utah, according to the listing agreement, a commission is due to listing…"
Tara Feldman replied to Jared Schauers's discussion I need ideas on finding new property management clients (owners of rental units)
"http://www.letstalkpm.com/forum/topics/where-do-you-advertise-seek This was sent to me when I was looking for the same thing. It is a post from LTPM a few months back,"
Jared Schauers replied to Tara Feldman's discussion What have you found to be a great technique to getting new owners for a Property Management Company?
"I just posted something similar. I should have read down the page. I am in a growth phase right now. I have always been the recipient of property management referrals. I am a Realtor and have access to the MLS. I have not done this in the past but I…"
Jared Schauers posted a discussion
I need ideas on finding new property management clients (owners of rental units)
I have been doing property management for 4 1/2 years. I currently manage about 150 units. This growth has exclusively come through referrals which has been great. I have done minimal advertising but now I want to really expand. I have just hired a part time accountant and two property managers. This will now free me up to concentrate on sales and growth. I know there are some very sharp people and some successful managers in the LTPM community and I would like here some ideas on how you…See More
Profile Information
- What do you do?
- I am a full-time property manager and Realtor
- Website Address
- http://www.homebasicsrealestate.com
- Company Name
- Home Basics Real Estate
- How many units do you own or manage?
- I manage about 150 units
- Tell us about yourself.
- I have been a real estate agent for over 8 years. Four and a half years ago I began to offer property management services, mostly to my investor clients who were extremely unhappy other property management companies in my market. I needed to make sure they were happy and would want to buy more properties through me. Now, 4 years and many satisfied clients later, I am making pretty good money managing about 150 units. Most of my inventory is single-family detached homes but I do have several duplex, triplex, and fourplex properties. I would like to expand my business and hire a new property manager in the next six months. I have been down this road once before and have wasted a lot of money and time on one individual who I felt was going to fit this role but who failed me miserably. My brother and I are the owners of our company. Aside from my management responsibilities, I handle all of the administrative issues of running a brokerage, actively sale real estate, and invest in real estate. I see a lot of potential in my market to grow and out perform my existing competitors but cannot do it alone. Through this site, I hope to discuss how I can grow my business, improve my systems, and network. Also, I have a goal of developing a presentation of valuable information to deliver in a seminar format to investors, property managers, and landlords throughout the country.
Comment Wall (3 comments)
- At 1:41pm on March 23, 2010,
Jordan Muela said… - Thanks for the feedback on the articles on contracts. I read through 20+ contracts while writing these articles and HomePointes agreement stood out for being comprehensive, yet brief and easy to understand. I really like their usage of the addendum to provide an easy to read explanation of what they do and why they do it.
You can find a copy of it here: https://www.homepointe.com/propmgtagree.pdf
I think alot of contracts would be well served to have an accompanying addendum that kind of interprets and justifies the legalese in the contract itself. How often do you update your companies agreement? I assume it has changed over time to reflect the different needs and experiences you have had over time.
- At 6:50pm on November 4, 2009,
Terri Featherston said… - Jared,
So glad to have you as part of the community! Welcome! How did you hear about us?
Terri
- At 9:23pm on November 3, 2009,
Dee Allomong said… - Hi Jared
Welcome to the LTPM Community - we're so glad you decided to join. It sounds like you have some great plans for the future and for offering some great educational opportunities for professional and non-professional property managers. We look forward to getting to know you better as you participate in the site activities.
Dee & Terri
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