{"id":18638,"date":"2023-10-25T06:43:30","date_gmt":"2023-10-25T06:43:30","guid":{"rendered":"https:\/\/mysourcefunding.com\/startups\/four-tips-for-ending-things-with-your-property-manager\/"},"modified":"2023-10-25T06:43:31","modified_gmt":"2023-10-25T06:43:31","slug":"four-tips-for-ending-things-with-your-property-manager","status":"publish","type":"post","link":"https:\/\/mysourcefunding.com\/?p=18638","title":{"rendered":"Four Tips For Ending Things With Your Property Manager"},"content":{"rendered":"
\n

CEO and Founder of <\/em>L.A. Property Management Group<\/em> and Crown Commercial Property Management.<\/em><\/p>\n

Many long-term rental property owners have gone through a change in property management at one time or another, but despite the fact that it\u2019s a crucial step in the process, the \u201cbreakup\u201d phase of that transition is almost never talked about in our industry. Just like in a romantic relationship, there is <\/em>a right way to go about a breakup. As one of my sons would say, \u201cDon\u2019t ghost.\u201d (This translates to: Don\u2019t simply disappear and stop responding to texts and calls. That\u2019s all the current dating lingo I\u2019m privy to.)<\/p>\n

Before we dive into our four main tips: Maybe this goes without saying, but before you break up with your current property management, you should already have chosen and informed the company that will be taking on your property. Of course, that new company will be eager to sign you, but sometimes it\u2019s worth an additional conversation just to confirm they have the bandwidth to start exactly when you need them to. Don\u2019t seal your next breakup during this one.<\/p>\n

1. Don\u2019t burn bridges.<\/h2>\n

If you can part ways amicably, that\u2019s always best. There may have been a time when your management company served you well, and you may want to thank them for their years of service. Even if the relationship has soured, or there are unresolved issues between you and management, this kind of acknowledgment can go a long way in keeping things civil and professional during the transition phase.<\/p>\n

<\/fbs-ad><\/p>\n

Your new manager is likely going to need cooperation from the outgoing team, and if there\u2019s been a friendly parting, that alone can be reason to swallow hard and thank them for their work.<\/p>\n

2. Tie up loose ends.<\/h2>\n

It\u2019s important to determine who exactly will finish any work that\u2019s currently in progress with the management company you\u2019re moving away from. They might be in the middle of repairs at your property, and if that\u2019s the case, you\u2019ll want to know who they\u2019ve tasked with finishing the work so that nothing falls between the cracks. Don\u2019t be afraid to set clear and reasonable timelines for completion.<\/p>\n

3. Prevent awkwardness with communication.<\/h2>\n

You can increase clarity between parties by telling a supervisor right away what you expect to have done after you\u2019ve informed them you\u2019re terminating their services.<\/p>\n

If your current management has become a disaster, it may be best to pay them that last month\u2019s fee without letting them do anything, and ask them to allow the new company to do everything. Nobody wants to pay double management fees for a single month, but sometimes that\u2019s the only alternative to an even bigger mess.<\/p>\n

4. Give some grace.<\/h2>\n

Chances are, if they\u2019re taking over for a company that did so poorly you had to move on from them, your new management group is going to have their work cut out for them. So give them time to shape their service to your specific property needs, and allow for the occasional misstep while so many steps are being taken at once. Nobody wants to be reprimanded if they do 29 things right but number 30 goes awry.<\/p>\n

Though it might not be perfectly easy or comfortable to leave a management company you\u2019re not satisfied with, remember that you can learn plenty from the process. Tell your new management company all the issues you had with the company that came before them, so that they can take extra care not to make any of the same mistakes.<\/p>\n

Perhaps the most important step you can take is to make sure that your new management is not<\/em> the type you\u2019ll have to break up with. You\u2019ll know you\u2019re in good hands when the transition goes smoothly\u2014as it should.<\/p>\n

Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CEO and Founder of L.A. Property Management Group and Crown Commercial Property Management. Many long-term rental property owners have gone through a change in property management at one time or another, but despite the fact that it\u2019s a crucial step in the process, the \u201cbreakup\u201d phase of that transition is almost never talked about in […]<\/p>\n","protected":false},"author":1,"featured_media":18639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[77],"tags":[],"class_list":{"0":"post-18638","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-startups"},"yoast_head":"\nFour Tips For Ending Things With Your Property Manager | Brandiary<\/title>\n<meta name=\"description\" content=\"CEO and Founder of L.A. Property Management Group and Crown Commercial Property Management. Many long-term rental property owners have gone through a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mysourcefunding.com\/?p=18638\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four Tips For Ending Things With Your Property Manager | Brandiary\" \/>\n<meta property=\"og:description\" content=\"CEO and Founder of L.A. Property Management Group and Crown Commercial Property Management. Many long-term rental property owners have gone through a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mysourcefunding.com\/?p=18638\" \/>\n<meta property=\"og:site_name\" content=\"Brandiary\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-25T06:43:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-25T06:43:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/10\/1698216210_0x0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1351\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mysourcefunding.com\/?p=18638#article\",\"isPartOf\":{\"@id\":\"https:\/\/mysourcefunding.com\/?p=18638\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/mysourcefunding.com\/#\/schema\/person\/5062dafb0f932b59aa228f1a047332f4\"},\"headline\":\"Four Tips For Ending Things With Your Property Manager\",\"datePublished\":\"2023-10-25T06:43:30+00:00\",\"dateModified\":\"2023-10-25T06:43:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mysourcefunding.com\/?p=18638\"},\"wordCount\":684,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mysourcefunding.com\/#organization\"},\"articleSection\":[\"Startups\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mysourcefunding.com\/?p=18638#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mysourcefunding.com\/?p=18638\",\"url\":\"https:\/\/mysourcefunding.com\/?p=18638\",\"name\":\"Four Tips For Ending Things With Your Property Manager | Brandiary\",\"isPartOf\":{\"@id\":\"https:\/\/mysourcefunding.com\/#website\"},\"datePublished\":\"2023-10-25T06:43:30+00:00\",\"dateModified\":\"2023-10-25T06:43:31+00:00\",\"description\":\"CEO and Founder of L.A. Property Management Group and Crown Commercial Property Management. Many long-term rental property owners have gone through a\",\"breadcrumb\":{\"@id\":\"https:\/\/mysourcefunding.com\/?p=18638#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mysourcefunding.com\/?p=18638\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mysourcefunding.com\/?p=18638#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mysourcefunding.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Four Tips For Ending Things With Your Property Manager\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mysourcefunding.com\/#website\",\"url\":\"https:\/\/mysourcefunding.com\/\",\"name\":\"Brandiary\",\"description\":\"Latest Business and Startup News and Updates\",\"publisher\":{\"@id\":\"https:\/\/mysourcefunding.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mysourcefunding.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/mysourcefunding.com\/#organization\",\"name\":\"Brandiary\",\"url\":\"https:\/\/mysourcefunding.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mysourcefunding.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/06\/b-logo-1.png\",\"contentUrl\":\"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/06\/b-logo-1.png\",\"width\":381,\"height\":100,\"caption\":\"Brandiary\"},\"image\":{\"@id\":\"https:\/\/mysourcefunding.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/mysourcefunding.com\/#\/schema\/person\/5062dafb0f932b59aa228f1a047332f4\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mysourcefunding.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/06\/avatar_user_1_1688031660-96x96.png\",\"contentUrl\":\"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/06\/avatar_user_1_1688031660-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/mysourcefunding.com\"],\"url\":\"https:\/\/mysourcefunding.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Four Tips For Ending Things With Your Property Manager | Brandiary","description":"CEO and Founder of L.A. Property Management Group and Crown Commercial Property Management. Many long-term rental property owners have gone through a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mysourcefunding.com\/?p=18638","og_locale":"en_US","og_type":"article","og_title":"Four Tips For Ending Things With Your Property Manager | Brandiary","og_description":"CEO and Founder of L.A. Property Management Group and Crown Commercial Property Management. Many long-term rental property owners have gone through a","og_url":"https:\/\/mysourcefunding.com\/?p=18638","og_site_name":"Brandiary","article_published_time":"2023-10-25T06:43:30+00:00","article_modified_time":"2023-10-25T06:43:31+00:00","og_image":[{"width":1351,"height":900,"url":"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/10\/1698216210_0x0.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mysourcefunding.com\/?p=18638#article","isPartOf":{"@id":"https:\/\/mysourcefunding.com\/?p=18638"},"author":{"name":"News Room","@id":"https:\/\/mysourcefunding.com\/#\/schema\/person\/5062dafb0f932b59aa228f1a047332f4"},"headline":"Four Tips For Ending Things With Your Property Manager","datePublished":"2023-10-25T06:43:30+00:00","dateModified":"2023-10-25T06:43:31+00:00","mainEntityOfPage":{"@id":"https:\/\/mysourcefunding.com\/?p=18638"},"wordCount":684,"commentCount":0,"publisher":{"@id":"https:\/\/mysourcefunding.com\/#organization"},"articleSection":["Startups"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/mysourcefunding.com\/?p=18638#respond"]}]},{"@type":"WebPage","@id":"https:\/\/mysourcefunding.com\/?p=18638","url":"https:\/\/mysourcefunding.com\/?p=18638","name":"Four Tips For Ending Things With Your Property Manager | Brandiary","isPartOf":{"@id":"https:\/\/mysourcefunding.com\/#website"},"datePublished":"2023-10-25T06:43:30+00:00","dateModified":"2023-10-25T06:43:31+00:00","description":"CEO and Founder of L.A. Property Management Group and Crown Commercial Property Management. Many long-term rental property owners have gone through a","breadcrumb":{"@id":"https:\/\/mysourcefunding.com\/?p=18638#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mysourcefunding.com\/?p=18638"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mysourcefunding.com\/?p=18638#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mysourcefunding.com\/"},{"@type":"ListItem","position":2,"name":"Four Tips For Ending Things With Your Property Manager"}]},{"@type":"WebSite","@id":"https:\/\/mysourcefunding.com\/#website","url":"https:\/\/mysourcefunding.com\/","name":"Brandiary","description":"Latest Business and Startup News and Updates","publisher":{"@id":"https:\/\/mysourcefunding.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mysourcefunding.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mysourcefunding.com\/#organization","name":"Brandiary","url":"https:\/\/mysourcefunding.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mysourcefunding.com\/#\/schema\/logo\/image\/","url":"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/06\/b-logo-1.png","contentUrl":"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/06\/b-logo-1.png","width":381,"height":100,"caption":"Brandiary"},"image":{"@id":"https:\/\/mysourcefunding.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/mysourcefunding.com\/#\/schema\/person\/5062dafb0f932b59aa228f1a047332f4","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mysourcefunding.com\/#\/schema\/person\/image\/","url":"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/06\/avatar_user_1_1688031660-96x96.png","contentUrl":"https:\/\/mysourcefunding.com\/wp-content\/uploads\/2023\/06\/avatar_user_1_1688031660-96x96.png","caption":"News Room"},"sameAs":["https:\/\/mysourcefunding.com"],"url":"https:\/\/mysourcefunding.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=\/wp\/v2\/posts\/18638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18638"}],"version-history":[{"count":1,"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=\/wp\/v2\/posts\/18638\/revisions"}],"predecessor-version":[{"id":18640,"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=\/wp\/v2\/posts\/18638\/revisions\/18640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=\/wp\/v2\/media\/18639"}],"wp:attachment":[{"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mysourcefunding.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}