A common misperception about property managers and real estate agents is that these occupations are more or less the same. However, a property manager’s role is very different from that of a real estate agent. While both professions are closely tied to the housing market, there are far more differences than similarities. Understanding these differences can help rental property owners know who to call when professional expertise is required.
Key Differences
A real estate agent works mainly to list and sell properties for owners. Although some real estate agents specialize in helping buyers purchase investment real estate, they remain focused on sales transactions. Their work is deeply connected to the current housing market and can be impacted as market conditions change. Occasionally, real estate agents will assist in finding tenants for rental properties, but their role often concludes when the lease is signed.
On the other hand, a property manager provides long-term management services, helping property owners with ongoing maintenance and operations. Acting on behalf of a property owner, the property manager’s role includes property maintenance and repair, rent collection, and tenant screening. Unlike real estate agents, property managers provide continuous services on a contractual basis and tend to maintain demand even through market downturns, as owners may choose renting over selling at a loss.
What Property Managers Do (And Real Estate Agents Don’t)
Top-rated property managers do more than list properties. For example, both real estate agents and property managers may advertise a rental to attract tenants, but only property managers will screen applicants thoroughly. After choosing a tenant, a property manager explains lease terms, builds rapport, and addresses tenant requests or emergencies.
In some cases, property managers may also conduct local market analyses, set competitive rental rates, and even help with investment planning, ensuring that owners get the best possible returns. The top property managers may also assist in locating additional investment properties.
The Value of a Great Property Manager
A company like Real Property Management, one of the nation’s top property management companies, provides rental property owners with top-tier services tailored to help meet financial targets. Our experts offer rental rate setting and cost-saving vendor partnerships that deliver unmatched value.
To learn more about Real Property Management Neighbors’s services in Saugatuck and surrounding areas, contact us online or call 616-465-2378 today!
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
