Are you a property owner in Indianapolis looking to rent out your place? Choosing the right leasing service is super important; a good leasing manager can save you tons of time and money by handling everything for you. They will market your rental, screen tenants, prepare the lease paperwork, and more.
This article will cover the key things you need to think about when picking a leasing service in Indianapolis. By the end, you'll know what to look for so you can find the best leasing service for your needs.
Reputation and Experience
When it comes to leasing services, experience and reputation mean everything. You want to work with a company that has been around the block and knows the Indianapolis rental market inside and out. A leasing pro with years under their belt will have rented out tons of properties just like yours.
But how can you tell if a leasing service is legit? Start by checking out online reviews from past clients. Look for comments about things like professionalism, responsiveness, and whether they were able to rent out properties quickly. Testimonials and reviews from happy customers are a great sign.
Services Offered and Fees
Different managers offer different leasing management services, so you'll want to understand exactly what's included. At a minimum, they should be marketing your rental online and in person, screening potential tenants, and preparing the lease agreement. But some may provide additional services, too.
For example, some leasing companies will handle showings and open houses for you. Others might take care of repairs, inspections, or even rent collection once a tenant moves in. Decide which services are must-haves for your situation.
Fees are another huge consideration. Leasing managers typically charge a one-time fee when they place a new tenant, often a percentage of the annual rent. But watch out for hidden fees, too, like marketing costs or monthly management fees. Get a full fee breakdown upfront so there are no surprises.
Customer Service and Communication
Even with the best leasing manager, issues can still pop up when renting out your property. That's why it's crucial to work with a property management company that has top-notch customer service and communication.
You'll want a leasing pro who is easy to get a hold of and responds quickly to your questions or concerns. Ask about their typical response times for emails, calls, and texts. Within one business day is a good benchmark.
It's also ideal if the company assigns you a dedicated point person to manage your account. That way, you'll be working with someone who really understands your property and situation. Pay attention to how attentive and professional the staff seems from your very first interactions. If they are slow to respond or provide vague answers early on, that's probably a red flag.
Experience Reliable Property Management Service
From experience and reputation to services, fees, and communication, doing your homework upfront pays off big time. If you're still feeling overwhelmed, don't worry! PMI Midwest is an experienced and trusted property management service that checks all the boxes. Our team of local leasing pros will work tirelessly to find you an amazing tenant while keeping you in the loop every step of the way.
Don't leave your rental income to chance. Let the pros at PMI Midwest help maximize your return.
