Property management agencies are companies that manage rental income properties. Agencies can offer general management for all types of rental properties in a given area, or specialize in a particular type of property like residential, commercial, or industrial. These companies can be large or small in size and employ only a few property managers, or complete property management teams depending on their scope and specialization.
A management agency provides all of the services necessary to make an investment property successful and generate income. From advertising and marketing the property, showing spaces and negotiating leases, to handling maintenance requests, updating property data and collecting rent, property management agencies are able to completely oversee the tasks of running a rental property.
When searching for a property management agency to handle your rental property or portfolio, it is important to do your research and find the agency that you feel is best suited to your property and financial needs.