Property Management Services

Property Management - Services for Owners

Selecting a Property Management Company to oversee your investment real estate can be difficult. This guide will help to explain the questions you should ask when choosing a Property Management Company and explain why Prudential Towne Realty is the right choice for you.

From marketing your home on the Internet to assisting with the myriad of decisions related to your property, Prudential Towne Realty Property Management offers the skills, experience and advice necessary to protect the value of your investment property(s) and provide the highest possible yield.

WHEN INTERVIEWING PROPERTY MANAGERS, ASK:

How long has your company been in business?

Do you hold a current real estate license, are you a sworn REALTOR® and can you explain the difference?

Are you a full-time property manager or handling rentals as a sideline to your sales interests?

How do you keep abreast of the laws affecting rental properties?

What are your hours of operation and how are emergencies handled?

How are market rents established and prospective tenants qualified?

Does your company employ administrative personnel exclusively for investment properties?

How often are disbursements made to owners, and do statements accompany checks?

Are owners given advance notice of pending vacancies and other changes in the status of their properties?

What is the process for handling delinquent accounts and do you utilize attorneys for collections?

Do you disclose all fees and charges for which an owner is responsible?

What other expertise does your company offer?

WHY PRUDENTIAL TOWNE REALTY PROPERTY MANAGEMENT IS THE RIGHT CHOICE FOR YOU:

As licensees and REALTORS®, We adhere to a strict Code of Ethics and train continuously to enhance proficiency.

Property Managers do not list or sell real estate, devoting 100% of their time to management. Members of our team have many years of experience with all types of investment properties and homeowners’ associations.

Our REALTOR® affiliation, rapport with governmental agencies and continuing professional education keep us current in the marketplace. A thorough knowledge of the Virginia Residential Landlord and Tenant Act (VRLTA) contributes to successful owner/tenant relations.

Property Managers are on call 24 hours a day for emergencies and offices are open six days a week.

We constantly monitor the rental market to ensure equitable returns on your investment. Our Tenant Selection Criteria are precise and impartial from credit checks to former landlord references.

Our competent, full-time staff of nine provides timely and accurate information to clients using state-of-the-art software.

Funds are distributed continuously by check or direct deposit accompanied by concise statements with maintenance reports.

Frequent correspondence is provided to keep owners apprised of changes to their property.

Delinquent rents are priorities and attorneys utilized specializing in Tenant/Landlord Law ensures the highest collection rates in the shortest time possible.