Put the same six questions to every Tampa company, including ours. We are led by Russ Versaggi, who has been in real estate since 1986.
Ask any manager
What should I ask a Tampa property manager?
Ask the six questions below and write each answer down. A clear answer is specific and easy to check. Ours: Russ Versaggi is a Florida licensed real estate broker, and the license number is in the footer of every page. Our own skilled staff handle most repairs around the clock, and you set the repair amount above which we ask you first. The management agreement lists every fee, the monthly report is itemized, tenant security deposits are held in a separate escrow account at a local bank, and our agreement has a 30-day termination clause.
Florida law bars acting as a broker or sales associate without a current active license, and the broker definition covers renting real property for others for pay. Search any company by name or license number on the state's DBPR license search.
How do I choose a property management company in Tampa?
Compare who does the repairs, what the monthly report shows, every fee in writing, how the agreement ends and whether the license is current.
Put the same questions to each company and write the answers down, since the differences show up in the details. Ask who your day to day contact is and where that person works. Versaggi Management has its office at 1716 W. Cass St in Tampa and is led by Russ Versaggi, who has been active in real estate since 1986. Russ will answer every question on this page if you request a proposal.
What are red flags when hiring a property manager in Tampa?
Fees that are not itemized, no stated exit, repairs without an approval limit and a report that hides line items.
A manager who cannot show a Florida license you can look up, or who will not say where owner money is kept, is also a reason to keep looking. None of these proves bad faith on its own. Each one is a question to put in writing, and the answer you get tells you how the company will treat questions after you sign.
Does a Tampa property manager need a Florida license?
Florida requires a real estate license to rent or negotiate rentals of property for others for pay.
Section 475.42 of the Florida Statutes bars acting as a broker or sales associate without a current active license, and the broker definition in section 475.01 includes renting for others. You can search a company or a person by name or license number on the DBPR license search at myfloridalicense.com. Russ Versaggi is a Florida licensed real estate broker, and our license number is in the footer of every page.
How do I leave a property manager if it is not working?
Read the termination clause first, because it sets the number of days and any charges.
Versaggi Management's agreement has a 30-day contract termination clause. When you move a rental to a new manager, the existing lease, the security deposit, the keys and the records all have to move with it, and the switching page lists each item. Never skip the written notice, since the clause only works from the date it is given.
Nothing is signed by asking. Our agreement has a 30-day termination clause.
“Timely end-of-month reports and direct deposit of rental income into our bank account make renting our house an incredibly easy and enjoyable experience.”
Richard and Robin L., Property owners, TampaPublished on versaggimanagement.com