The price is certainly the most important factor in selling and renting a property, therefore when determining the starting price, you should be very careful. You have to be realistic in determining the price, too high price at the start will turn off many who will not even look at the property, and thus you may lose a potential and serious tenant. If you pay for commercial property manager salary, this will surely pay off as these managers are real professionals and will help you in the right way.
Insufficiently prepared real estate
When you are renting a property you have to prepare it, the basic thing you need to do is to clean it, paint it, fix all the broken things in it, and prepare it to look just like new. The property must at first glance be tidy, often the first impression of the tenant is the most important one. If your real estate doesn’t look great you will never find a tenant willing to pay enough nor will they respect the rented space as they should. All this can be done by your property manager if you hire one.
Poor presentation and marketing
All portals have thousands of real estate offerings. The question is how to secure your property to be seen because if you do not have a good marketing and presentation, and if people do not see your real estate, how are you selling it? Nowadays, it is very important to have good and high-quality photos, because the ads with bad or without any pictures are not at least attractive and people just pass by them. You want to rent your property for the biggest price you can without losing peoples attention. If you do not have the capacity, knowledge or time to do all this, a property manager is a right solution for you.
Selecting the wrong agent
If you choose to entrust the property to the professionals whose job it is to take care of everything, be sure you got the right agency and agent. Make a good estimate to whom you trust the property, look at references, recommendations, talk with agents, ask what they are offering, inquire about conditions, and believe that payment of commercial property manager salaries will be paid off to you multiple times. It is always better to hire a professional.
Not listening to agent’s advice
When you choose your agent, you need to have confidence in him/her, that they will work professionally, that they will be dedicated. Mutual trust is the only way to cooperate successfully, and you should listen to the advice given by the agent on all that you need to avoid in order to make your property more efficient. You need an agent you can trust, you believe, and someone who is responsible, dedicated, professional, and educated enough so you can be sure your real estate is in the right hands.