When it comes to outsourcing different aspects of property ownership and property management, it is essential to choose a service that offers all the features and the functions required. The best way to choose from the various utility management services available is first to consider what you need and the most important factors in choosing a service.
Creating a list of the basics, you require in utility management services eliminates the issue of contracting with a service only to find out they do not provide what you or your tenants need. It can be easy to simply compare pricing and overlook a function or feature that ends up creating more work and more stress.
Full Service Company
Not all utility management services offer the full range of services from the installation of meters through to billing and collection from tenants. Some utility management companies claim to offer all the services, and then in turn subcontract to other companies, typically for the installation.
It is important to choose a utility management company that uses in-house crews for installation and offers a range of meters. This avoids common issues with quality control during installation that can result in poor performance of the meters, leaks, and difficulties in managing the installation process.
Solid Reputation
Look for a company that has extensive experience in utility management. This is important as seamless billing, online payment and even the ability of the landlord to monitor water usage across the property is important.
By choosing an established, highly-rated utility management company, there is no risk of problems with technology, service or compliance with local municipalities or other building code requirements. These companies also have secure login portals for your tenants, making online bill pay easy and helping to reduce late payments throughout the property.
