Being a property manager is something of a thankless job. Their responsibilities are huge: keep the property leased, maintain curb appeal to the highest level, drive rents whenever possible, critically evaluate expenses, manage leasing and maintenance staff, address after hours issues, evict residents as  necessary, insure property security is adequate, complete work orders expeditiously, keep residents happy….on and on and on it goes.

The referenced article cites the top 10 concerns of property managers coming from a survey of over 1,600 managers. Many (24.3%) said their most difficult challenge was dealing with abusive and aggressive residents. Over 80% were satisfied with their work and enjoyed the people they worked with. Hopefully,  the article will provide some insights related to your property management team.

 

 

Svikhart & Associates, a Salt Lake City-based real estate services company, focuses on asset management and the entire scope of a multifamily  investment. Specific diligence is on property operations and strategies to maximize asset performance and value. Additionally, the firm assists owners regarding economic, financial and market factors that impact returns on investment. The firm targets ‘Mid-Tier’ assets (10-to-60-unit properties) and provides a full range of brokerage services for property listing and sale.

Please find us at svikhart.com or contact us at 801-550-5684 to learn about the real estate services the firm provides.

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