When it comes to renting a property in Calgary, tenants might feel that dealing with a property manager and a landlord are one and the same. While there are many similarities between both in what they do, there are a few distinct differences which separate them.
Ownership & Responsibilities
Both landlords and property managers handle the same responsibilities, including taking applications from renters, credit checks, collecting rent, subcontracting repairs and handling difficult tenants. The difference lies in the ownership: the landlord owns the property and runs it themselves. The property management company in Calgary acts on behalf of the landlord, making decisions for them. They don’t own the property; they just manage it.
A property management company becomes the point of contact between the landlord and the tenants. They are the ‘middlemen’ between the two parties. However, they do not necessarily contact or talk to the landlord about every little thing as they are usually given authority to make decisions without having to consult the landlord. Therefore, they will act professionally as they will look at it in terms of what is ‘best’ for the property and both parties.
Maintenance & Repairs
In terms of maintenance and repairs, landlords will take the work upon themselves (in a bid to save money) or will look to hire professionals out of their pocket. This might take longer, or the job might not be as good. For landlords, maintenance and repairs is always considered a hassle.
A Calgary property management company, on the other hand, will have a streamlined process of dealing with it. They often have a team of professionals working for them, or a list of experts that they trust when it comes to conducting the repairs. Problems are usually addressed quickly and without any fuss.
Will A Property Management Company Work For You?
When it comes to renting a property, it all comes down to the relationship that you have with the person or company. Landlords and property management companies work on similar wavelengths, but you might prefer one over the other depending on experience and reputation.
If you are a landlord, you can always hire a property management expert to work for you in regards to your property. They will take all the work off your hands; giving you more free time for yourself.
CTA: At Unison Realty Group Ltd. we will find the perfect rental for you in a location that fits your needs. We’ll handle what you don’t want, and you’ll enjoy the benefits.
Unison Realty Group Ltd.
Calgary’s Choice for Property Management & Rentals
For any questions or enquiries contact us:
Phone: (403) 219-3000
Email: [email protected]