Peter Drivas - If you have more than one property, you can imagine the volume of work that you can save by hiring this figure, and also, you will be able to optimize the reservations and rentals of your homes by increasing the number.
The most common way of proceeding for people who work professionally as property managers is simple, first the rental price of the room or house is set. This price includes a commission of at least 30% that will go to this property manager, and the rest corresponds to the owner.
On many occasions, the property manager closes an agreement for a fixed monthly amount for the owner, offering exact knowledge of the income that a property will report per year.
Peter Drivas said A contract must always be signed that establishes what services this figure will provide, and under what conditions.
In the metropolitan areas of the main Spanish cities, it is common to find this figure oriented towards rentals of a certain duration. However, there are also profiles oriented towards vacation rentals.
We hope this brief explanation has helped you understand what a property manager is.