Property Management with Traditions Realty
Costly advertising, reference checks, running credit reports, late night calls, time-consuming repair jobs and showing appointments can wear on even the most motivated owner. Most do not realize that the rental market fluctuates as significantly as the sales market. Influenced by season, competition, and location, pricing the property competitively determines how long it remains vacant. Managing an investment property can be a full-time job.
Our team consists of experienced property managers who are well-versed in handling various aspects of property management, from marketing to maintenance. Your property will be shown to prospective tenants by a licensed Realtor. This allows immediate feedback from customers regarding pricing and amenities. It also provides a watchful eye for those customers that want to test the water pressure or adjust the thermostat to ensure no systems are left unchecked. Most importantly, the presence of a licensed Realtor provides the ability to show during the last month of the current tenant’s occupancy. Your property may have a vacancy period of only a few days affecting your bottom line at the end of the year.
Choosing a property management company is a critical decision for a property owner, and Traditions Realty offers several advantages:
Local Expertise and Professional Management: Our agents and licensed Realtors have deep market knowledge, handle marketing, maintenance, and showings, and provide immediate feedback on pricing and amenities, reducing vacancy periods.
Tenant Screening and Rent Collection: Comprehensive background, credit, and rental history checks ensure vetted tenants, while timely rent collection and resolution of payment issues are managed efficiently.
Marketing, Advertising, and Lease Management: We use diverse marketing strategies to reach a broad audience and handle all lease agreements to protect your interests.
Maintenance and Vendor Relationships: 24/7 third-party services and trusted local contractors ensure prompt and efficient maintenance, maintaining tenant satisfaction and property value.
Financial Reporting and Budgeting: Detailed financial reports, including income statements, expense reports, and year-end tax summaries, along with assistance in budgeting for property expenses and capital improvements.
Legal Compliance and Eviction Management: Up-to-date with rental laws and efficient handling of evictions to ensure legal compliance.
Tenant Communication and Retention: Regular communication addresses tenant concerns, while strategies like timely maintenance and fair treatment encourage longer tenancies.
Online Portals and Modern Software: Online portals for owners and tenants streamline payments, maintenance requests, and document access, ensuring efficiency and transparency.
Tailored and Personalized Solutions: Customized management solutions for both single properties and large portfolios, with personalized attention to each property.
Stress Reduction and Insurance: Comprehensive management services reduce stress and time commitment, supported by Errors & Omissions Insurance to cover potential mistakes.
Choosing Traditions Realty for managing your rental property ensures that you benefit from our expertise, comprehensive services, and dedication to maximizing your property’s performance. Our focus on tenant satisfaction, legal compliance, and financial transparency makes us a reliable partner. Contact Traditions today to meet with a property management expert.
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