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2024

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Best Property Management Companies in Springfield, MA

Our Recommended Top 6

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Springfield Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

36Reviewed

24Curated

6Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

20 School Street, Westfield, MA 01085

Why choose this provider?

Forge Property Management provides the services of skilled property managers near Springfield who assist clients with a full assortment of necessary services. This company is experienced with managing many different types of residential properties and offers rent collection and documentation services to clients. It enables tenants to send online maintenance requests and coordinates for services to be performed by a trusted vendor or the client's preferred service provider. Forge Property Management also advertises vacant properties to find suitable tenants.

  • Maintenance
  • Collection
  • Leasing

1350 Main Street, Springfield, MA 01103

Expertise.com Rating

Review Sources

Google
4.2 (6)

Why choose this provider?

NAI Plotkin is a property management firm that manages both residential and commercial properties. It creates custom management solutions that enable it to handle a variety of tasks in ways that landlords see fit and find convenient. Its maintenance services are available 24/7 to clients that need emergency support. This firm also oversees construction and repair processes to ensure that service providers do thorough jobs. NAI Plotkin administrates routine financial processes and documents all transactions related to each property as well.

  • Maintenance

616 Boston Rd., Springfield, MA 01119

Expertise.com Rating

Why choose this provider?

EDL Property Preservation Services caters to residents of Springfield who need management solutions for their residential assets. The company handles tasks relating to the upkeep of properties. It maintains links with plumbers, electricians, and joiners to tackle refurbishment jobs, including those for commercial premises. The office also takes care of home improvement tasks. The firm employs a team of individuals with diverse backgrounds and experiences and keeps up with continuous business improvements and professional development.

  • Property Inspection
  • Property Maintenance

P.O. Box 4261, Windsor Locks, CT 06096

Expertise.com Rating

Review Sources

Google
5.0 (81)
Facebook
5.0 (29)

Why choose this provider?

CT Property Management serves landlords in Springfield and surrounding areas. It offers a wide range of services, from property inspections, property maintenance, and financial reporting to rent collection and property marketing. It also offers tenant screening services, which include a five-step process that looks into the tenant's income, eviction records, tenant debt payment, rental history, and even employment history. The firm has a portal on its website that clients can utilize for sending maintenance requests.

  • Maintenance
  • Marketing

313 Pleasant St, Gardner, MA 01440

Expertise.com Rating

Review Sources

Facebook
5.0 (25)
Yelp
2.0 (7)

Why choose this provider?

Prestige Property Services is a full-service property management company that serves single-family homeowners and commercial property owners in the Springfield area. It provides marketing, tenant screening, rent collection, maintenance, and annual inspection services to help clients obtain hassle-free management of their investment properties. Additionally, the agency handles landscaping, pressure washing, painting, and snow removal projects. It gives back to the community by supporting Make-A-Change Inc., a non-profit organization that helps every foster child in the country.

  • Maintenance
  • Marketing
  • Tenant Screening

East Mountain St 200A, Worcester, MA 01606

Expertise.com Rating

Why choose this provider?

First Realty Management serves Springfield and the surrounding communities. The company offers property management services for luxury homes, townhomes, and high-rises. It works closely with residential and commercial clients with an aim to help create quality communities. Its property managers handle all kinds of property aspects, such as marketing, risk management, and communications. They also conduct accounting services, striving to meet the needs of both the property owner and the renter. First Realty Management holds the Accredited Management Organization designation.

  • Property Assessment

Compare our Top Property Management Companies

NameExpertise RatingAddressPromotionsLearn more
Forge Property Management
20 School Street, Westfield, MA 01085
NAI Plotkin
1350 Main Street, Springfield, MA 01103
EDL Property Preservation Services
616 Boston Rd., Springfield, MA 01119
CT Property Management
P.O. Box 4261, Windsor Locks, CT 06096
Prestige Property Services
313 Pleasant St, Gardner, MA 01440
First Realty Management
East Mountain St 200A, Worcester, MA 01606

FAQs

  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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