IREM Certified Property Manager (CPM) Practice Test 2025 - Free CPM Practice Questions and Study Guide

Question: 1 / 400

Which advantage is associated with using contractors for property management tasks?

They charge lower fees

They have specialized expertise

Using contractors for property management tasks is particularly advantageous because they bring specialized expertise to the role. Contractors often focus on specific areas of property management, such as maintenance, landscaping, or repairs, and possess the skills and experience necessary to handle these tasks efficiently and effectively. This specialization can lead to higher quality work, as these individuals or firms are more knowledgeable about current best practices, local regulations, and innovative techniques in their trade.

While lower fees may be appealing, contractors may charge more for specialized services than general property managers. Their availability at all hours can also vary, depending on the nature of their business and contractual agreements. Additionally, while contractors might require less oversight compared to untrained staff, they still need some level of management to ensure that standards are met and tasks are completed as contracted. Therefore, the strength of their specialized expertise stands out as a key reason for hiring contractors in property management.

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They are available at all hours

They require little oversight

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