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25 April 2008

Phoenix Residential Property Management Services

Property Management companies generally provide two main services.  There are leasing services and management services.  Below is a list of all the services we provide.

Leasing services include the following (for more details see below):

  • Advertisement Services
  • Tenant Services
  • Consultation Services

Management services include the following:

  • Online web portal for rental owners
  • Property turnover
  • Rent collection and enforcement
  • Maintenance
  • Repairs

Advertisement services:

Tenant services:

  • Answer phone calls and emails inquires about vacancies
  • Show vacant properties to potential tenants
  • Accept rental applications
  • Run criminal background check, credit report, employment verification, rental history, bank references on all potential tenants
  • Screen rental applications
  • Accept initial rents and deposits
  • Sign and explain the rental agreement to tenant
  • Sign property condition checklist during move in with tenant
  • Give required disclosure forms

Consultations services to rental owner:

  • Comparative rental market analysis
  • Provide owners tasks to covert property to rental legally
  • Provide owners with consultation during lease offers

Online web portal for owners:

  • Click here to access demo page
  • Update personal information
  • View multiple financial documents for your rental properties
    • Balance Sheet
    • General Ledger
    • Income Statement
    • Vendor Ledger
    • and many more
  • View work orders
  • Update banking information

Property turnover:

  • Negotiate new lease with tenant to re-rent
  • Sign property condition checklist during move out with tenant
  • Provide owner with estimate of “rent ready”

Rent collection:

  • Collect rents when due
  • Promote and establish auto draft and electronic payment accounts
  • Sign and send rent receipts
  • Maintain rent-collection records
  • Collect late rents and charges
  • Prepare late rent notices
  • Serve late rent, pay or quit, and unlawful detainer notices
  • Serve rent increase and tenancy termination notices
  • Deposit rent collections in bank

Maintenance:

  • Conduct monthly drive-by inspections
  • Provide monthly report of maintenance, repairs, and utility expenses to owner
  • Give rental violation notices when applicable
  • Order the cleaning of hallways and entryways and other common areas
  • Replace light bulbs in common areas
  • Drain water heaters
  • Order the cleaning of stairs, decks, patios, façades and sidewalks
  • Order the cleaning of garage oils on pavement
  • Lawn care, trim bushes and rake leaves
  • Order the cleaning of garbage and debris on grounds

Repairs:

  • Accept tenant complaints and repair requests
  • Inform Owner of maintenance and repair needs
  • Categorize and maintain written log of tenant complaints
  • Any repair completed by ourselves or by the home warranty company is included
  • Any remodeling or major repair supervision is not included in the monthly maintenance fee

Other Responsibilities:

  • Provide his/her phone number to tenants as an emergency contact number. Within reason, Manager should be able to respond at any time to an emergency.
  • Meet or call Owner weekly (or monthly) to consult on the job priorities and give updated reports on status of residents and management priorities
  • Submit weekly/monthly time sheets to owner detailing activities, materials purchased and receipts
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