All formal bids should be in writing. Even with trusted long time vendors, do not use a verbal agreement. With a written bid, the details of the job, the start and completion date, and the terms of payment are all clearly stated. If the property manager is signing the bid, he/she should do so clearly indicating that they are acting as an agent for the owner. A safer procedure is to have the property owner sign the bid.
Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com.
Peter Meer provides information, resources, advice, tips, and techniques on residential property management in Denver. Peter Meer is President/Broker of Meer & Company, Inc. (303) 322-1550 and manages 150 single family units in metro Denver. Visit Meer & Company, Inc. at www.meerandco.com.
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