The Top Property Management Essentials

November 20, 2020

Did you know that the U.S. property management industry generates over $88 billion USD in revenue every year? 

Atlanta property management isn’t simple. You need to monitor every property, answer every request, and more. Being a good property manager is a prominent challenge but understanding where to start is a huge advantage.

Whether you’re starting out or want to improve, understanding the essentials of property management is key. Today, we’ll explain what you must keep in mind if you want to make your—and your tenants’—live easier.

What exactly is a good property manager?

Not all property managers are good, and that’s easy to expect. There are too many variables in the field. Properties, spaces, tenants, and commodities are filled with factors that could go wrong in any moment.

The best property managers aren’t born. They come from experience and preparation. That takes time—maybe even years. Understanding these three characteristics of the best Atlanta property management today can help you become a good property manager.

Knows their properties

You can’t be a good property manager if you don’t know what you’re managing. Every property presents a plethora of variables that you need to track.

The easiest way to become a better manager is to invest in modern software. You can monitor maintenance, requests, and other management realities.

Is certified

Good Atlanta property management requires certifications. You’ll learn indispensable knowledge and techniques while having a certificate that shows your preparation.

Good certifications include property management, construction- and utility-related certificates, and similar skills. The same is true for renovations, administration, and more.

Understands marketing

Finally, any property manager needs to generate profits from their assets. That’s the entire point of the field, and marketing is how you attract this income.

For property management, listing websites are the most common approach. However, you can also market your management services on social media and similar platforms.