Should you hire a real estate agent to manage your property, or if you should self-lease?
The answer: There is no right or wrong way. The best choice for YOU depends on YOUR goals and YOUR time availability.
Steve weighs the benefits of both hiring a real estate agent and self-managing.
Do you have the time?
When you hire a real estate agent, your availability increases. No matter how busy you are with your family and career, it is an added leverage to have someone work on your property and meet clients for you, even if it is on a Wednesday morning.
Do you have the ability to screen tenants and do you know the Fair Housing laws?
Screening tenants is a breeze when you have a real estate agent to do the job, especially if you are not familiar with the real estate laws, Fair Housing laws, Texas Property Code, etc. If you are not familiar with the laws and regulations concerning real estate, having a realtor to take the responsibility from you is a good option.
Educate yourself if you are going to self-manage
On the other hand, if you want to manage your property yourself, be very careful on what should you say and do. Laws can be tricky, you are going to want to learn about them so you can manage your property. Most importantly, do you best to run your business in a very professional and effective manner.
If you decide not to self-manage, know what questions to ask a property manager when interviewing them.
Looking for experienced property management services in the Dallas TX area? We can help. Call us today at 214-499-9813 or learn more by clicking the link below.