Property management services encompass a wide range of tasks related to the management of a property, such as tenant acquisition, rent collection, and maintenance and repair coordination. Property management companies act as intermediaries between property owners and tenants, handling all necessary communication to ensure efficient management. They are responsible for advertising the property, vetting prospective tenants, drafting lease agreements, collecting rent, and addressing any maintenance or repair issues. Additionally, property management services handle legal issues like evictions or disputes with tenants. Ultimately, property management services offer property owners peace of mind by handling all the day-to-day tasks associated with managing a property.