James makes a good point. Aside from the fact that a licensed Realtor will usually have more knowledge of the market, Realtors are accountable to the Pennsylvania Real Estate Commission. Should you ever have a dispute with a Realtor, before you hire an attorney to file a lawsuit, you can file a complaint with the RE Commission. If your accusations are proven true and there was any unethical, illegal, fraudulent, or deceptive behavior from that realtor, his/her license could be suspended. If there is a monetary judgement awarded to you, the State Fund pays the claim and that licensee will not be re-instated until that judgement is paid in full.
There are many other reasons that you should hire a licensed Realtor. Knowledge. Experience. Performance. You want to hire someone who will lookout for your best interests in pursuit of the highest ROI (Return On Investment) possible. A bad property manager can cost you a bundle.
Please feel free to call me with any questions and/or to discuss working together.
All the best,
REALTOR, Property Manager
Your Real Estate Resource For Life
Direct CELL (267) 254-7994
The other risk is that you have no larger body to appeal to, such as the state real estate commission if the property manager doesn't do their job well. With a licensed property manager you can report them to the real estate commission if they are unethical.
Hope that helps. If you'd like to speak with an excellent, licensed property manager just let me know.
James Yoakum - Realtor, SFR
Brown McKinney Real Estate
1631 W. Cabot St.
Philadelphia, PA 19121
office: 215-825-2250 x.1002