Property managers and real estate agents work within the same industry, but we each focus on different parts of that industry. We aren’t necessarily competitors, and that’s why we think it helps when agents and management companies work together. We enjoy partnering with our preferred network of agents when their clients need professional Daytona Beach property management.
Making referrals is beneficial to agents, too. It can help you build your real estate business and hold onto your valued clients.
Referrals When Your Client Can’t Sell
The current market is certainly advantageous for sellers, but we know that things can shift quickly. When you’re working with a client who is trying to sell a home in a buyer’s market and cannot seem to get the price that they want, it can become frustrating and worrisome.
Instead of settling for less money or leaving the home vacant, why not suggest that your client rent it out? This gives your client the opportunity to earn some rental income while the asset grows in value and the sales market improves.
There are many benefits to this for your clients, including:
- Tax benefits
- Growth in equity and appreciation
- Tenants are helping to pay down the mortgage on their asset
Discussing this opportunity with your clients will show them that you have their best interests in mind. You’re demonstrating that you’re a creative problem solver, and clients will feel better about their options in the current market.
Professional Daytona Beach Property Management
Unless you’re an experienced property manager, you’ll want to refer those clients to a Daytona Beach property management company. The rental industry has its own set of laws, requirements, and best practices. It’s different than buying or selling a home. We understand the process of leasing and maintaining an investment property. When you allow professional property managers to do what they do best, you can focus on what you do best – which is buying and selling homes.
Partner with a property manager you can trust to return your clients when they’re ready to sell their homes again. Our team respects your relationship, and we focus completely on our scope of work and expertise. When the clients you refer to us are ready to do something else with their property, we let you know.
As the property managers responsible for renting out your client’s home, you both can expect:
- Comparative market analysis to accurately establish a rental value
- Aggressive marketing to limit vacancy
- Rigorous tenant screening in compliance with all fair housing laws
- Move-in inspections, lease signing, and the collection of the security deposit
- Routine and emergency maintenance
- Ongoing communication
- Detailed, accurate, and transparent accounting
You and your clients can count on us to deliver exceptional property management and customer service.
Trust and Accountability Builds Your Business and Ours
Referrals between real estate agents and property managers require trust and accountability.
You’re trusting us to deliver an outstanding experience for your clients, and we will do that with transparency, communication, and a spirit of collaboration. Both you and your clients will appreciate our responsiveness and the results we’re able to provide with our effective and consistent property management processes.
If you’d like to talk about working with us, please contact our team at Oceans Luxury Realty. We would be happy to discuss a potential partnership.