Property management companies work with many different vendor companies that offer related services to real estate related activities. Many homeowners will have to perform carpet cleaning, lawn care, plumbing, maintenance, etc at some point while renting out their homes. One great advantage about hiring a property management company to work for you is that they are able to provide homeowners with reduced rates on services a homeowner will need at some point throughout the rental process.
For homeowners renting out their property is all about the bottom line and the ability to be able to cash flow their rental property. If they are able to get services at a reduced rate, that adds greatly to the bottom line while improving the rental property at the time. If a landlord rents a property on their own they would not have access to these reduced rate services. If you hire a property management company to manage your rental property, ask about their reduced rate vendor services as these reduced rates can greatly help homeowners make more rental income.
Source: http://renterswarehouse.com/2012/08/28/property-management-vendor-cost-savings/
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