Property Management Services in Fayetteville, AR
It takes a lot of work when you have a rental property. Taking care of the building, filling it with tenants, keeping them happy, and collecting their rent are just a few of the tasks that need to be taken care of. Our property management services in Fayetteville, AR, is your complete resource for managing any unit. We handle each and every detail, so you don’t have to. Our services include:
- Ongoing Communication
- Comprehensive Marketing and Advertising
- Thorough Tenant Screening and Selection
- Full-Service Leasing
- Timely Rent Collection
- Regular Inspections
- Cost-Effective and Reliable Maintenance
- Strict and Compliant Evictions
- Comprehensive Accounting
Just because you’re not doing the work, that doesn’t mean you shouldn’t be involved. We make every effort to keep you informed about your property because you have a right to know how it’s doing. A secure online account provided by our team keeps you updated on property maintenance and activity, including vacancies, leasing, inspections, and financial reports. Whether you live a few blocks from your unit or hundreds of miles away, you can monitor its activity from the convenience of your computer 24 hours a day, anywhere in the world.
In addition to managing your account, our team of highly trained staff members is here to answer your questions and work with you to get the best return on your investment. If you’re ever unsure about something, feel free to simply call up and ask. Our goal is to do what’s best for your profits, property, and tenants.
All-Encompassing Marketing and Advertising
Never underestimate the importance of property marketing and what it can do for your wallet. For each day that your property is vacant, that’s money out of your pocket. Professional management costs are easily offset by shorter vacancy times. We spend thousands of dollars every month advertising our vacancies to get them filled faster. Your property is advertised on classified and high-traffic rental websites. A professional “For Rent” yard sign adds exposure to catch the eyes of those drive-by prospective tenants.
Our experienced leasing agents respond promptly to inquiries and advise prospective tenants on details about the property, showing your home in the best possible light. Prior to marketing and advertising your rental property, our experts also advise you in 2 important areas:
- Setting a competitive monthly rental rate based on a comprehensive analysis of property condition, upgrades, school districts, location and access to transportation, and area rental market rates.
- Getting your home ready to rent faster to a high-quality tenant by providing recommendations and guidance on how to make your property rent-ready.
Thorough Tenant Screening and Selection
Our tenant services are unmatched in their devotion to detail. We understand that simply having people living in your home and paying rent is only the half of it. Placing the wrong tenant can quickly cost you what you save by managing a property without us. Every tenant application we receive is evaluated based on credit, criminal background, sex offender registry (where allowed by law), employment verification, and residency/rental history. Our thorough screening complies with all applicable laws, including the Fair Housing and Fair Credit Reporting Act.
When we have found a qualified and approved the tenant, we schedule lease signing and a move-in condition assessment. Once the tenant has moved in, we’ll begin collecting rent, responding to property maintenance issues, and should either become necessary, perform move-out or eviction services. After all of our years in business, we know what types of tenants are trustworthy and how to treat them so they cooperate with the terms and everyone is happy. Though we represent your interests, rest assured we’ll demonstrate fairness to all involved.
Your leasing agent manages the lease signing with the approved tenant, using our professionally prepared lease, and ensures that all proper contracts are executed correctly. At the same time, rents, deposits, and any fees are collected in accordance with local legal and financial regulations and recorded in your online account. We also provide professional tenant education at lease signing.
Finally, the leasing agent and approved tenant conduct a walk-through to document conditions. This important walk-through assists in accurately assessing any changes in conditions when the tenant moves out. Our leasing service is designed to protect your interests from start to finish.
Timely Rent Collection
Nothing affects your cash flow more than late or missing rent payments. We collect the rent every month and deposit it into your account expeditiously. Our collection processes are professional but tough, and we are extremely diligent in collecting rent through a systematic, timely process. We take the well-being of your profits and property as seriously as you do and are persistent in our efforts to acquire what you’re owed.
Our tenant services include offering them a variety of ways to pay rent and incentives for paying rent on time so that you can get your money as quickly as possible. In addition, we treat each tenant respectfully and fairly, as a positive relationship with a tenant leads to timely rent payments as well as better care for your property.
Professional evaluations of your property both inside and out are beneficial to ensure tenants are complying with the terms of their lease and to assess property conditions. We typically conduct them on a move-in, periodic, and move-out basis. Documentation and photographs from these evaluations assist in determining needed property maintenance and repairs to maintain your home’s value and avoid costly repairs if left unattended. They also assist in resolving tenant issues that may potentially arise in the future.
Cost-Effective, Reliable Maintenance
Maintenance is a necessary expense in owning a rental property, and the return on your investment can be significantly impacted without timely, cost-effective repairs and upkeep. When handled by us, you’ll save time and money and ensure repairs are completed in a professional manner, by trustworthy maintenance personnel.
Each Real Property Management office has an extensive network of contractors, vendors, and in-house staff to handle property maintenance and repair work. In addition, our exclusive partnerships with national and local vendors provide the professional level of service to our clients and customers that they have come to be expected.
Each Real Property Management office has an extensive network of contractors, vendors and in-house staff to handle property maintenance and repair work. In addition, our exclusive partnerships with national and local vendors provide the professional level of service to our clients and customers that have come to be expected.
Strict and Compliant Evictions
Even with careful placement, there is occasionally a tenant who needs to be evicted. Our staff is extremely knowledgeable in state and local landlord/tenant laws. If the tenant does not pay rent on time or breaches the terms of the lease, we initiate the proper legal steps necessary in the fastest possible timeframe to minimize your costs and get the property leased again.
We will always be fair but firm in our proceedings and stay completely within the boundaries of the law. Ask us about eviction protection for extra security. For property owners who opt for this plan, our local office will pay for the eviction should it become necessary.
Our goal is to maximize your income and minimize your expenses. To keep track of your income and expenses, we use a centralized accounting system as part of our property management services. This all-inclusive accounting and reporting system, backed with itemized statements and tax documentation, keeps all of your property management financial information organized in one place. We provide each property owner client a password-protected online account for easy access to financial reports anytime you need them.
The last thing you want to worry about is making a math mistake, as even one misplaced decimal could be a grave error. We take that worry away by crunching the numbers for you. Our team is trained to handle all of the financial aspects, and we make it easy for you to see exactly how much you’re earning. There’s no guesswork, no being left in the dark. If you’ve ever got a question or need something clarified, all you have to do is call. We’re happy to hear from you and clear up anything on your account that may warrant it.