Marchant Property Management Blog

What do Property Management Companies Do? Rental Analysis

Brittany Caldwell - Thursday, October 31, 2019

Speaker 1:
Boo! Happy Halloween! Brittany here with Marchant Property Management for our Talk About It Thursday. So what I'm going to be talking about today are just a few things that we do here at Marchant Property Management, and go into detail about one of those items, and then throughout the next weeks I'll go into detail about the rest. Those items that we offer are rental analysis, property marketing, tenant screening, leases and move-ins, rent collection, maintenance, property inspections, financial reporting, evictions, and legal guidance.

Speaker 1:
So the first one is rental analysis. A lot of owners are losing hundreds or even thousands of dollars a year because their rental price is too low. Alternatively, some owners price their homes too high, and then lose money while waiting for the person that is willing to pay more than the market rate. Most owners do not have the resources to adequately assess the ever-changing Greenville and upstate rental market.

Speaker 1:
We have a paid subscription to several rental comparison sites such as Rentometer, Rent Change, and Zillow. We also use MLS to compile data for active rental listings, as well as previously rented properties. We use these reports, along with our professional expertise and years of experience in the local market, to give you an expert rental price recommendation. We will give you an expert recommendation on pricing that will allow us to rent your property for the highest amount in the least amount of time. Most owners can absorb the cost of a property management company by simply increasing the rental price to market rates.

Speaker 1:
So that's all I have today, and I will be back next Thursday for Talk About It Thursdays. Bye, Happy Halloween.