How to increase real estate yield with a management company

Introduction

For owners of apartments and houses in Batumi, a professional property management company can be a practical lever to increase net yield. A manager handles day-to-day operations, reduces vacancies and helps protect the asset — all of which affect returns.

What property managers do

• Tenant sourcing and screening, lease preparation, rent collection and legal compliance.
• Regular maintenance and emergency repairs, often at lower local contractor rates.
• Dynamic pricing and seasonal strategies to minimise empty periods.
• Financial reporting and transparent accounting for the owner.

How management services raise yield

Management reduces vacancy time and prevents minor issues from becoming costly repairs. Efficient tenant screening lowers turnover and unpaid rent risks. Delegation frees your time and creates predictability in cash flow.

How to choose a reliable company

• Check local reputation, references and examples of similar properties they manage.
• Understand the scope: marketing, cleaning, routine and emergency repairs, tenant relations.
• Review fee structure and any hidden costs; insist on clear reporting cadence.
• Ask about tenant screening, conflict resolution, and insurance arrangements.
  Request a tailored plan for your property before signing.

Practical steps for owners

1. Audit current income and expenses and estimate time spent managing the property yourself.
2. Request proposals from 2–3 managers and compare services instead of just fees.
3. Define approval limits for repairs to avoid surprise costs.
4. Set KPIs: minimum occupancy, response time to tenant requests, regular financial and operational reports.

Tenant retention and cost control

• Fast responses, respectful communication and quality service increase lease renewals.
• Clear move-in/move-out rules and transparent contracts reduce disputes.
• Proactive maintenance preserves the asset and reduces long-term costs.

Common pitfalls to avoid

• Choosing the cheapest option without verifying service quality.
• Not specifying reporting and response time requirements in the contract.
• Overlooking insurance and scheduled inspections.

Conclusion — next steps

Decide which tasks to delegate, gather proposals, and consider a trial period to evaluate results. Professional management can increase net yield and lower operating risk when the partner is experienced and transparent.

For investors from abroad, see the Russian and Georgian versions for local context: /kak-uvelichit-dohodnost-nedvizhimosti-upravlyayushchaya-kompaniya and /rogo-gavzardot-shemosavali-menejmenti.