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Rainmaker
2,781,013
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Many ways. If someone is managing property, then they are on top of all the necessaries. Also, values are maintained as well as pride of ownership etc.

Jun 28, 2016 06:10 AM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Property management needs to suggest ongoing maintenance to the home. Neglect can harm value of the home.

Jun 28, 2016 11:01 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Poor property management equals a loss of value

Jun 28, 2016 10:34 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Poor property management results in loss of value...

Jun 28, 2016 10:28 PM
Rainmaker
7,835,191
Roy Kelley
Retired - Gaithersburg, MD

Vacant properties are worth less than occupied properties.

Jun 28, 2016 09:21 PM
Rainmaker
1,157,785
FN LN
Toronto, ON

It can have no effect, a decrease or an increase in property value depending upon the particular situation.

Jun 28, 2016 05:19 PM
Ambassador
6,392,889
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Sometimes poor property management has an even greater effect on value.

Jun 28, 2016 03:40 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Minnette Olsen - I think better manager properties have more value...

Jun 28, 2016 02:59 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

If a rental property is difficult to show it might result in a longer DOM. If the tenants aren't taking care of the house or yard...the property value will be lower than what is expected in that neighborhood. 

Jun 28, 2016 12:42 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It is a part of the appraisal evaluation, the economic model.

Jun 28, 2016 12:18 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Many rentals properties are not kept in tip top shape and therefore can affect values in a neighborhood.

Jun 28, 2016 12:11 PM
Ambassador
2,178,433
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Dramatically!  That is a blog post in itself.  Maybe I'll work on that.  

Jun 28, 2016 11:39 AM
Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

There will be a professional staying on top of the maintenance issues.

Jun 28, 2016 11:31 AM
Rainmaker
1,502,848
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

If they manage it poorly, there can be deffered maintenance or problems that develop with the house.  That can drop down the home's value and the value of homes around it.

Jun 28, 2016 10:28 AM
Rainmaker
5,005,333
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

If the management company is on their game than now problem with the value..if not it could make a difference and the property value could decline.

Jun 28, 2016 10:00 AM
Rainmaker
695,522
Nicholas Crane
Woodland Companies - Cadott, WI
Managing & Appraising Forest Land

Property management can greatly affect property value for better or worse.  Keeping things clean neat and in working order  are some of the most important jobs for PMs. 

Jun 28, 2016 08:15 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Minnette Olsen Only if the property get run down and affects the sales price.

Jun 28, 2016 06:33 AM
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

# # If the PM lets the tenant damage the place, park derelict cars in the yard, use it for dealing drugs.

Jun 28, 2016 04:38 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

if the management company is doing a less than desirable job, it does affect the property value!!!

Jun 28, 2016 03:48 AM