Beware of this franchise branch of the company. Super poor communication skills, dumped us as a management company (we're the homeowners) less than 24 HOURS before our new tenants moved in (one day before NEW YEARS EVE!) and used their contract as an excuse for doing so.
Don't know about you, but I find this HIGHLY unprofessional.
This was our experience with this branch of the company: We had a SUPER simple telephone communication mix-up. This was followed by their own contractors coming to our house and AGREEING to our inquiries about costs and labor. (this was the 48 hours before the new renters were moving in)
THREE HOURS LATER on a SUNDAY AFTERNOON, we get a termination notice. This left us (as we've moved out of state) trying to find new management company, cleaners, etc., on NEW YEARS EVE!
When we asked about this, they simply claimed they had the right to keep their "finders fee" (75% of 1st months rent), charge us for their fee's and contractors costs. This while NOT communicating to their own contractors properly. They said it was our fault. And that we'd spoken poorly to their contactors about them. (NEVER!!)
PMI of North Texas refused to refund/return any additional money. Upon contacting them they said they'd deduct all their expenses from the 1st months' rent and send us whatever was left. BTW - That came out to less than 10%. And you guessed it, the new management company expected "the 1st months' rent" for their expenses!
After finally contacting PMI of North Texas, they said they'd over-night mail our tenants security deposit to us. They did not do this. Instead, they drove by and dropped it in our in-law's mailbox unannounced. No tracking number and it was not sent through theU.S. Postal service or any other mail service that could have tracked it, just put into the mailbox. It could have been ANYONE's mailbox for all they knew!
We've seldom been able to make any contact with them again, but in the terse, one sentence emails we've received since this time they've reiterated that they feel completely justified doing this because in their words, "it's in the contract."
While it may be "in the contract" I (and none of the realtors or other professional property managers we know) find this ethical or professional in any sense.
To me it seems like, with 24 hours notice, they simply wanted the 1st months' rent without any of the on-going work.
My advice as a former landlord and 20-year member of the Frisco, Texas community? Don't avoid this branch of the company - RUN!!!
Just FYI - this branch is a husband and wife franchise operation. We found them poor to return calls, poor to inform you in a timely manner of prospects and had a LOT of trouble with keeping emails, phone numbers or client names straight. Seems they had some real issues with promising one thing and delivering another. I cannot recommend this office to anyone who needs professional, ethical property management. read more