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HIRING A PROPERTY MANAGER


Will I need a property management contract or agreement?


Regardless of the type of property, a written agreement between the owner of the property and the manager is very important, as the manager will be taking on significant responsibilities with the owner's real estate. At the very least the contract should:
  • Identify the parties and the property
  • Specify the length of time of the contract
  • List the responsibilities and the authority of the manager
  • List the responsibilities of the owner
  • State the fees and leasing or sales commissions and
  • Include the date of the agreement and the signatures of the parties.








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