Are you really "saving money" with the CHEAPER Atlanta Property Management Company?
Just about to put a new townhome unit up for rent that is meticulous with fabulous details. Tim Francis Realty LLC has been watching the area and keeping up on latest rental rates, as the Atlanta market has seen solid rental increases over the last few years. 2012 is no exception. We had planned to put the property up for what the latest market comps show leased just two months ago.
With no competition, the strong spring market and a unit that will show very well, it was a slam dunk from a market rate perspective.
Unfortunately another unit just came up yesterday in the same complex for what the townhomes leased for 18 months ago. WHAT! Yes, the very lazy leasing and property management company – who advertises their low rates and how they save you money, left off market research as a task for listing a new property. Gee, that’s $150 a month they left on the table at the $1,500 price point, so instead of getting $1,500 a month, the unit is being advertised for $1,350. I expect it to lease soon and when asked about it as a comp, I’ll have to say they got the deal of the year.
How do you think the owner would feel if they find out home much money they have saved this year with the low-price option? Let’s see, saving $20-$30 dollars a month COST them $150. What a deal! I figure they LOST roughly $1,600 after their “savings”.
If you are looking for a smart valuable company to handle your Atlanta Luxury Rental Properties, please call Tim Francis Realty LLC to get the best service and the MOST net dollars.
Why do you want to save money in fees that cost you MUCH MORE in rental income?