One of the most significant decisions you'll face in your real estate career is whether you want to help buyers and sellers only, or also provide property management services as well. 

This is a big decision because even though property management might seem like a 'value add' to your business, managing your clients' properties involves various tasks that will take up your valuable time and ultimately cost you money.

In this article, we will offer you several reasons why you shouldn't do property management:

Your Business Has A Different Focus 

Let's face it: The primary way to grow your real estate business is to help buyers and sellers.

This means that if you're also adding management to your business, you're losing focus on the core of your business, and by adding the day-to-day tasks of property management, including property marketing, rent collection, maintenance, customer service, you’re adding more tasks to your daily schedule that you may not want to handle. 

Conflict Resolutions Can Take Up A Lot Of Your Time

Conflicts will happen when you manage rental properties, and you can easily transition from helping your real estate clients to resolving tenant problems. Thankfully, property managers are also skilled at conflict resolution so you don’t have to spend hours on the phone, meeting with tenants or in court, you can spend your time/resources growing your real estate business. 

Do You Want To Be A Property Manager?

Ultimately, the biggest thing that you must do before managing your clients' properties is to ask yourself if you really want to be a property manager. This is important because if the thought of adding more tasks and responsibilities to your already busy schedule doesn't excite you, the decision that you should make is clear: outsource property management to a professional so you can continue doing what you do best, helping buyers and sellers.

Contact GoldenWest Management

At GoldenWest Management, we specialize in managing properties for our clients in California, Arizona and Nevada. Besides offering the full suite of property management services, that your real estate clients need, you can also have peace of mind that when it comes time to sell the property, you will get the commission, since we don't do real estate.

To learn more about the property management services that we can offer you, contact us today by calling (866)545-5303 or click here to connect with us online. 

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