Why you need a property management company

1. Save Time and Money

 

Let’s take the example of Host A and Host B.

 

Host A firmly believes that nothing is better done than by oneself. He spends 10 to 20 hours per week managing his apartment and earns $2,507 at the end of the month.

 

As for Host B, who owns the same type of property, he sees things differently. He believes that the time he could invest in short-term rental is worth more than the commission paid to a short-term rental manager.

 

For this reason, he decides to pay a professional to do the work for him and, as a result, frees up 10 to 20 hours per week for other projects. In the end, the manager applies their expertise and succeeds in earning $2,879 at the end of the month. After a 15% commission, the real estate investor makes $2,447 without lifting a finger.

 

In short, you need to calculate what is most profitable for your lifestyle. Some owners love hosting guests and are just as passionate as the Cozyhosts team when it comes to offering the best concierge service!

 

 

2. Benefit From a Professional’s Expertise

 

By hiring a short-term rental professional, you gain a competitive advantage because you don’t have to go through the entire learning, improvement, and optimization curve. Your listing either starts strong or is quickly optimized to compete with the best on the market.

 

If you have other obligations, a property manager will save you time and generate more income for you.

 

 

3. Take Advantage of Your Manager’s Real Estate Network

 

By working with a property management company, you gain access to contacts for maintenance, plumbing, electricity, housekeeping, and landscaping.

 

If a problem occurs, you no longer need to search the web to find a technician!