Property Management Blog

How Do Real Estate Referrals Work in Property Management?

How Do Real Estate Referrals Work in Property Management?

Real estate referrals are available to agents who might consider referring clients to us for any property management needs. In today’s environment, especially in the California bay area, there are a lot of rules and regulations you need to be aware of that you don’t have to deal with as a Realtor.

Property Management Burlingame: Regulations

If you’re going to do property management, you need to know how to handle security deposits, how to handle rent funds, and what to do about maintenance and lease agreements. There are move outs and move ins, and the list goes on. As an agent, these are not topics you deal with on a daily basis. You won’t make any money managing properties if you’re spinning your wheels. Your time is better spent focusing on what you do best – selling properties.

Real Estate Agent Referral Program

We do property management only; we don’t do any sales. So, if you send us your referrals, they stay our property management clients, but when they buy or sell a property, we send them back to you. You can be confident that you’re keeping your clients and that they’re happy. You can focus on what you do best, and you’ll know your clients are getting outstanding service from us.

How to Real Estate Agent Referrals Work?

We have worked with Realtors a lot on the peninsula and in San Francisco who have figured out this formula. Partnering with a property management company makes more sense financially, spiritually, and emotionally. Managing a home for your client can be complex and it won’t make you any money if you struggle with it. When you feel like you’re getting to this point, contact us to discuss your portfolio. There’s no obligation, and we can talk about a referral fee. At the end of the day, you’ll have a much better experience with us taking care of the property management side for you.

If any of your clients have properties to rent out in San Mateo, Burlingame, Belmont, Redwood City, Redwood Shores, Foster City, and San Francisco, we’d be happy to partner with you. Contact us at Five Star Property Management today.

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