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Several types of property owners can benefit from the services that property managers offer.

Landlords for example hire property management firms for a variety of reasons. Some may have multiple rental properties in their portfolios and lack the time or expertise to maintain the properties and deal with individual tenants. Some owners only have an interest in owning rental properties and earning profits from them. When this is the case, they hire professional property managers.Absentee landlords alsomake use of property management services. Some property management companiescater to individual landlords who rent out single property such as a vacation home.

Property owners who participate in affordable housing progams tends to use property management services because their rental properties are subject to complex federal guidelines that requires specialized expertise. Certain real estate brokers also operate as property managers. For example, a broker in a resort town may provide buyer and seller agent service as well as property management services. When this is the case, the real estate broker list, shows, leases and maintains vacation rentals for a number of property owners.