Thursday, November 20, 2008

Real Property Management Colorado IS WORTHLESS

Location: Other, Denver
Industry: Real Estate
Annoyed By: Two out of Three Managers

This is a Denver Metro based company, they claim to do Property Management I DISAGREE read on to see how terrible this company is!!!!

I am 26 years old and dumped my life savings into a duplex to have it rented, I was having trouble finding the time to show the place to renters that were interested. I had done business with Real Property Management prior with a place I had in Northglenn CO, they were unable to rent the place before I sold it and thus I was never able to actually figure out if they were a good company, no problems at that point. With my new place I needed help managing the overwhelming responce to each of the adds I put on I remembered using Real Property Management Colorado prior and did not have any reason not to use them again. They made me sign a contract, no problem I had to sign one before as well, but this time they made me pay about $450 in what they called advertising start up fees and such, I agreed after a while given the confidence they gave me that they get to a HUGE market as they claimed. I figured If I was getting huge responce just off of craigs list they would have the place rented in no time, they agreed. Over a month after hire they had not even shown the place, they claimed "they were not getting any responce as well as the responce they were recieving were unquallified" Greg Bachelor then asked to lower the rent, I explained that if we lower the rent anymore I could rent it to anyone, he said rent was softening and that we had to do it, I not happy about it agreed to lower rent, two more weeks and NO responce, at this point I took things into my own hands put an add on craigs list and one day later rented it to a family paying cash, they left only twenty days later and I realized I needed a management company, I tried AGAIN with real property management, with NO responce, still under contract I once again took things into my own hand and had the neighbor take on the responsiblities, with in a week and a half she had both units rented to qualified renters. At this point I called to let Real Property Management know that I was no longer in need of their service. They claimed that I had breached contract and that I owed them 3 months payment. They did nothing for me, never tried to rent the place, to my knowledge never showed the place, claimed that they showed it twice, which I was never told, and the "advertising" they were doing for my property was never seen, I tried personally to look up my own property and NEVER found it online, except my own postings. As I am sure you can understand I lost my cool when they asked for more money and told them I was going to take them to small claims court for not doing anything. Further reaserach of course proved that my potential winnings would at most be the bill they are going to send me, where as my losses if court does not agree with me is thier attourney fees, which I can not risk, I can not even afford what ever bill they decide to bill me. I feel very violated and decieved. I assume that they took from me one months rent, payment to start in their advertising and what ever they are planning to charge me. On the phone I told them that I should be asking for a refund but I undertand that based on the contract I would never get it, but when they they have the idea that I OWE them money for them doing nothing for me, and not only nothing but causing major financial instibility while I owed money for a vacent property was just too much. I ask for your assistance in this becaues I have exahasted my options, I spoke to two of the owners and neither will work with me at all. One even said that the reason why they can't void the ammout I owe them is because I am a male white property owner and because they would be seen as discriminating they could not help me. That is reverse discrimination I feel, whether that means anything I do not know, if I get nothing out of of this I at least want no one to have to go through this again. TERRIBLE EXPIERENCE, EXTREMELY COSTLY, WORTHLESS SERVICE. Please help me.

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