Blog Post

Thousand Hills Realty

Property management is an essential key in the Branson rental market. There are so many

different responsibilities associated with managing a rental property, that it should not be at all

surprising to learn that a significant portion of investors in rental property employ a property

management company to manage a property investment on their behalf. Read on to find out the

essentials of a property manager that you want working for you.


Advertising and Showing

The first piece of the Branson rental property puzzle is gaining a new tenant to occupy the

available unit. While this task may seem easy enough, there is a lot of competition in the rental

market. An essential function of a great property manager is to advertise the property quickly,

with a description of the property highlighting its finest selling points. It’s also important that

these advertisements include high resolution, quality photos that give the best depiction of the

property.

All good property management companies will be set up on several social media and rental

platforms, so your listing should go up quickly and efficiently.

Once these advertisements have generated a few leads on the unit, the property management

company is responsible for taking interested parties to the property for a showing. There they

will allow the potential tenants to walk through and of course answer any questions that may

arise.


Competitive But Correct Pricing

As the owner of the unit you want to make as much of a return on your investment as is

possible. Your essential property manager will know the market and the trends for the area and

will set an appropriate rental rate. You want to ask a reasonable figure so it will rent quickly and

be competitive, however you do not want to undercut yourself and leave money on the table, if

you could have asked more.


Execute The Lease Signing

When it comes time to process the application and have the lease signed, these tasks also fall

to the property manager or the management company. After completing a background and

credit check on your applicants, they will come to the lease signing on your behalf, collect the

deposit and any rent amount that is due up front.


Accept Rent Payments

Your property manager will oversee the process of ensuring that your tenants make their rent

payments as required monthly. They will also follow up with any tenants who are late paying,

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