Real estate agents and property managers in San Diego are all involved in the same market, but their areas of expertise and their roles with owners and tenants are a little bit different. When you want to buy or sell a home, you should work with a real estate agent. When you’re renting out a property, it’s important to work with a professional property manager.
Make sure you’re taking advantage of both sets of skills and resources. RentSimpli is a full-service San Diego property management company specializing in single family homes, townhouses, condos, mobile homes, small commercial buildings and small apartments.
Benefits of Working with a San Diego Property Manager
When you’re renting out a property or thinking about buying an investment property, you need the focus and the expertise that a property manager can provide. We work exclusively in the rental market. This is much different from the sales market, where real estate agents thrive. In the rental market, there are some different things that matter. Location is still important, but the things that good San Diego tenants are looking for can be much different from the things that San Diego buyers are looking for. As property managers, we understand the rental market trends and the tenant demands.
Some companies might do both property management and real estate sales. At RentSimpli, we focus 100 percent on property management. It keeps us from blurring any lines, and we won’t abandon our responsibilities to the properties we manage in order to chase a larger commission on a sale.
When you work with a San Diego property manager, you can expect lower vacancy and turnover rates, better qualified tenants, and a more efficient and cost-effective maintenance process.
Unintentional Mistakes Realtors Can Make
Sometimes, real estate agents will try to manage properties for their clients. This can often lead to unintentional and expensive mistakes. Realtors may not be as familiar with the laws, and the laws have become more complex for landlords and rental property owners in California. There are new rent control laws, specific requirements for evictions, and updated regulations for renting to Section 8 tenants. If your real estate agent is managing your property but hasn’t stayed up to date on the recent rental laws, you could find yourself facing huge fines and expensive lawsuits.
Your real estate agent may not be up to speed on the latest rules for collecting a security deposit, which disclosures are required in a California lease agreement, and where to find vendors who can respond to emergencies in the middle of the night.
When you’re buying a home, you’ll want a qualified real estate agent to negotiate your deal and draft an offer. But, when it’s time to rent out that property, you’ll want a professional property manager who can establish an accurate rental value, find you great tenants, and protect the value and condition of your investment.
Real estate agents and property managers are different. We have unique skills and separate backgrounds. When you’re looking for someone to manage your San Diego rental property, make sure it’s someone with the knowledge, skills, and talents that are required for a successful investment experience.
We serve landlords, investors, and property owners in San Diego, La Mesa, El Cajon, Chula Vista, Santee, Rancho Bernardo, Escondido, Fallbrook, Temecula, and Murrieta. We’d be happy to tell you more about how we can help. Contact our team at RentSimpli.