Flag Property Management, Inc (Flag PMI)
Flag Property Management, Inc provides individual landlords and investors with exclusive property management services. I know we have said this before, but it is worth saying again. Real estate firms focus on big sales commissions and they manage rentals to keep clients in their firm. If the firm cannot sell a home, a duplex / triplex, or apartment building they offer to manage the property for the client. Of course this is a smart strategy and ensures that the client stays with the firm while everyone waits for the market to get hot.
Unfortunately, the property owner becomes less important as the firm continues to focus on selling other properties. This is a natural dilemma for real estate firms because the sales commissions in the buying / selling is big business compared to the much smaller property management fees collected each month for managing a rental. For example: a 6-7% sales commission on a $200,000 home purchase is $12,000 to $14,000 in commission. Compare that to a 10% (typical) management fee on a $1,000 rental and the real estate firm makes a much smaller $100 per month. Where do you think they spend their time and energy?
Unfortunately, the property owner becomes less important as the firm continues to focus on selling other properties. This is a natural dilemma for real estate firms because the sales commissions in the buying / selling is big business compared to the much smaller property management fees collected each month for managing a rental. For example: a 6-7% sales commission on a $200,000 home purchase is $12,000 to $14,000 in commission. Compare that to a 10% (typical) management fee on a $1,000 rental and the real estate firm makes a much smaller $100 per month. Where do you think they spend their time and energy?
Contact Flag Property Management Today!
Call: 912-322-1350
Email: heather@flagpmi.com
Website: www.flagpmi.com
How is Flag Property Management, Inc Different?
Flag PMI is different because we focus on property management. We have 30+ years experience managing rental property and as a result we are very good at it. We also invest in our 'behind the scenes processes' by using very effective back-end software to capture and screen potential tenants, track tenants, track payments, accept and track maintenance requests, and more. We spend time and energy developing a professional relationship with your tenants because tenants who respect management are more likely to take care of the property and more likely to pay rent. Solid, happy, and respect-based relationships lead to better financial performance of the property. If your tenants are happy and satisfied - you win!
Areas Flag Property Management Serves:
- Kingsland, Georgia Property Management
- St. Marys, Georgia Property Management
- Kings Bay Area Property Management
- See our Available Rentals
- Visit our General Website
