Top 10 Property Management Mistakes That Cause Property Owners to Fire You
March 15, 2024
Make sure to avoid these missteps!
Top 10 property management mistakes that cause property owners to fire you (number 10 is the worst):
1. Accounting errors (not reconciling, improper trust accounting, not doing triple-tie-out, charging incorrect management fees, mistakes)
2. Inconsistent disbursement dates
3. Not responding to a client’s question (or not responding within one business day)
4. Taking too long to turn over units (over three weeks)
5. Taking too long to lease units (over three weeks)