Building a Killer Management Agreement
3 HOURS of Video Training — After reading dozens of management agreements as a consultant I’ve figured out that although managers do this business very differently, there are common stipulations that belong in every property management agreement regardless of your management model or state regulations. Managers constantly add language that shouldn’t be there, language that complicates their processes, prevents them from being scalable and exposes them to unwanted litigation.
Managers often copy and paste from other’s agreements without realizing they’re handcuffing themselves to archaic language that only hinders them from being profitable and scalable as a management company. Agents often adopt their realtor association standardized agreement and don’t realize the limitations of the language in those agreements. Others just keep adding more and more stipulations in hopes of managing through their document instead of giving themselves the freedom they need to maximize profits and protect themselves.