How to Fire your Property Manager

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Creative Commons License photo credit: David Boyle

Just like everything in this world, some property managers are better than others. If you are stuck with one of the bad ones then its time to get unstuck.

The first step is reviewing any contract you may have signed regarding their employment. If necessary, contact an attorney to make sure you’re not breaking any laws or breaking your contractual agreement with the property manager.

Your next step is outlining your problems with the property manager. Hopefully, you’ve been keeping a list all along with dates and times noted as well as any complaints you have received from your tenants. Not only may this information come in handy at their termination, but if they do sue you have covered your own backside.

Then you’ll want to see if you can get another property manager who will be a better fit for the job. If you anticipate a gap between the old property manager and the new one you may have to do the job yourself. Make sure you’re ready for this possibility or arrange things so there isn’t a gap.

Finally, prepare for the termination meeting. This is more difficult for some people than others so give yourself as much preparation time as you need. Come armed with your information and possibly an exit contract just to cover all bases.