Is the company legitimate?
You will definitely come across so many property management companies but not all of them are qualified, licensed, insured, and bonded. So you can begin by checking to ensure they bear all the necessary qualifications and meet the rest of the standards we’ve mentioned. This way, you will be sure that the company lives up to the code of ethics and standards required of it.
Has the company specialised in property management?
Property management requires an operator’s full attention and complete focus. However, there are those who have it as a supplementary part of their main business. So check the company’s website to see where their main focus lies. If it’s not on property management, then it means you risk having your business easily neglected. Very less attention will be put to managing it, maintaining it and ensuring it’s in pristine condition.
Check their website for listings
This is probably the easiest and simplest way to tell a legitimate company from a scam. In fact, you will know that the company is truly focused on property management if they have a reasonable amount of properties listed on their website. A great example is Nerja Torrox Holiday Rentals. Here you will find plenty of classy apartments and holiday villas for in Nerja. If you only see a handful, something may not be right.
Examine the agreement before signing
There will certainly be a contract for you to sign and once you do it, you will be bound legally to the specific company you decide to do business with. So go through the document carefully and pay extra attention to all the important points, more specifically the fees. A competent property company will have a clear contract and will dedicate their time to explaining everything you will want to know about the contract.