Here is a big question I get asked by landlords:
How do I fire my real estate agent?
Switching property managers happens all the time and it’s not always because you’re unhappy with the service. You might be looking for something cheaper, looking to manage it yourself or moving all your properties to one agent for consistency.
No matter the reason, switching real estate agents or property managers is actually more straightforward than you’d think. There is still a little prep involved, mostly because every management agreement is different – although many use their state’s REI (Real Estate Institute) agreement.
Even then, many agents insert clauses of their own.
I’ve broken down the switching process into some key steps below. Read More