- How much does rental property management cost in Vancouver?
- Most full-service residential rental management companies in Metro Vancouver charge between 8%–12% of monthly rent collected, plus a one-time tenant placement fee equal to 50%–100% of one month's rent. Korecki provides transparent, competitive pricing tailored to portfolio size and asset class — contact us for a custom quote.
- How do you screen and select tenants?
- Tenant applications are processed through a standardized screening system evaluating credit, identity, income stability, and rental history. This ensures consistent, risk-based approvals while maintaining full compliance with the Residential Tenancy Act and the BC Human Rights Code.
- How long does it take to find a tenant?
- Average time-to-lease in Metro Vancouver is 14–28 days for well-priced units in good condition. We market across MLS, REW, rentals.ca and our internal database, pre-screen credit and references, and re-lease most units before existing tenants move out.
- How do you handle maintenance and emergency repairs?
- We coordinate all maintenance through a vetted network of local contractors, with pre-approved expenditure limits established by the owner. For emergencies, a 24/7, 15-minute response time is provided, with building-specific trades dispatched for a fast and coordinated response.
- How do you maximize rental income for property owners?
- We maximize rental income through regular market rent analysis, strategic online marketing to minimize vacancy, proactive tenant retention, effective arrears management, and strict control of operating expenses.
- Do you manage short-term rentals or Airbnb properties?
- We focus on long-term residential management to ensure compliance with BC's Residential Tenancy Act and short-term rental regulations effective May 2024. We can help owners transition restricted Airbnb units to long-term tenancies and maximize stabilized cash flow.
- What can I expect when I switch my rental property management to Korecki?
- A structured transition process ensures a seamless handover. All property records are indexed and organized, financial balances are reconciled, and standardized operating procedures are implemented. Coordination with outgoing management, tenants, and service providers ensures continuity of operations, minimizing disruption and establishing a strong foundation from day one.