Preserving and even increasing the value of rental properties is key to finding and retaining good tenants while maintaining top market value. A primary role of a
property manager is to oversee the ongoing maintenance of the properties they manage. This includes things like getting bids, making recommendations to owners, overseeing the work, and resolving complaints when services are not performed properly. Maintenance request from tenants must be addressed promptly, and property managers are equipped with the staff and resources to quickly resolve any issues that may come up. In addition to handling all property maintenance, the property manager should have a transparent billing system so owners can see how their maintenance dollars are being spent.
One of the most difficult aspects of property repairs and maintenance is finding reputable contractors who will show up on time and do quality work at a fair price. Property managers are well connected with licensed, bonded and insured contractors who have been vetted for good pricing and work that is up to code. This built in network of contractors is one of the significant advantages of working with a property management company. Landlords who choose to self-manage may go through multiple contractors before they find one who is acceptable. A property manager will also have a preventative maintenance schedule in place that will ensure repair needs are addressed early and not put off until they become larger and more costly issues.
In addition to regular maintenance and repairs, a property manager will handle all the cleaning, painting, rekeying, and any other tasks that need to be done to prepare a property for a new tenant. Property managers know that quick turnaround is critical so the property can be marketed and a new tenant found as seamlessly as possible. Property managers also understand the types of amenities that tenants want, and can identify strategic improvements that will maximize revenue while avoiding costly updates that might not be an added value to potential renters.
A competent property manager can save owners time and frustration by taking care of all the maintenance and repairs in a timely manner, keeping both owners and tenants happy.
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Key Home Sales and Management has a reputation for exceptional, hands-on property management.
Key Home Sales and Management is a premier full service property management company in Northern VA. Our property management company specializes in single family homes, town houses, and apartment units located in Alexandria, Annandale, Arlington, Belle Haven, Burke, Fairfax, Fairfax Station, Fair Oaks, Falls Church, Fort Hunt, Franconia, Kingstowne, Mt. Vernon, Lorton, Old Town, Springfield, Vienna, and Waynewood areas.
