Which of the following is NOT an advantage of property management companies?

The assertion that the increased workload for property owners is not an advantage of property management companies is well-founded. Property management companies are specifically designed to alleviate the burden that property owners face regarding the management of their properties. Rather than increasing the workload, these companies streamline processes and handle various responsibilities, including tenant relations, maintenance, and legal compliance.

By hiring a property management company, owners can expect to experience a decrease in their workload as these professionals take on the day-to-day tasks associated with managing a property. This includes marketing the property to attract tenants, ensuring compliance with legal regulations, and handling the operational aspects, which allows owners to focus on other priorities or investments.

The other options highlight clear advantages of property management companies. They bring expertise in property marketing, offering effective strategies for vacancy reduction and tenant acquisition. Their legal expertise ensures that property owners remain compliant with various laws and regulations, thereby minimizing potential liabilities. Furthermore, they efficiently manage daily operations, ensuring a well-run property that can enhance tenant satisfaction and retention. Thus, the choice accurately reflects a lack of advantage associated with property management companies.