Phoenix Metro Realty Residential Property Management serves the areas of Southern Phoenix and the East Valley: Ahwatukee, Laveen, Tempe, Chandler, Ocotillo, Gilbert, Mesa, Scottsdale and the new city of Maricopa. These service areas are within a 30 minutes drive from our centrally located office in Tempe. We provide Property Management to single family homes, town homes, and condominiums. We are a full service real estate brokerage; we can help you buy your investment home, find a tenant, property management and residential sales. We are an established Phoenix Property Management Company; National Properties, our affiliate in the Las Vegas metro area, is one of the largest residential property management companies. Our investors demanded superior property management service in the Phoenix area and we are proud to expand our Property Management Service through Phoenix Metro Realty, Inc. With our efficient system, we are able to grow and established our Residential Property Management in the Phoenix metropolitan area.
Our Property Managers' Core Principles are simple:
Provide superior customer service to our clients
Reduce vacancy rate to maximize our clients return on investment
Assure the quality of the Tenants by back ground checks and screening
Negotiate the highest market rental rate possible
Utilize the current technologies available to Property Managers.
We serve our clients in both leasing and management services. Our leasing fee includes internet advertising, marketing, and MLS co-broke. Our Rental Property Management service includes a weekly property drive-by inspection to prevent any potential HOA fines. Also, we offer our rental owner automatic deposit of the monthly rent and view their status, rent payments, and accounting online by accessing our 24/7 rental owner Online Web Portal. <Web Portal for Rental Owner>
Summary of our Residential Property Management Fees:
LEASING FEE (If your property is vacant): 1/2 of the first months rent ($600 minimum). This includes the MLS Co-op fee and collected after the tenant has paid their initial rent.
MONTHLY MANAGEMENT FEE: 9% ($90 minimum).
Summary of our Residential Property Management Service:
Marketing your rental property:
Rental listing will be placed on Multiple Listing Service, MLS (no additional charge for co-broke)
Electronic lockbox will be placed on property for other agents to show property
View multiple financial documents 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, rent increase
Sign property condition checklist during move out with tenant
Provide owner with estimate of “rent ready”
Rent collection:
Send monthly rent billing statement to tenant
Collect rents and any HOA fines
Promote and establish auto draft and electronic payment accounts
Sign and send rent receipts
Maintain rent-collection records
Prepare and serve late rent notices
Serve unlawful detainer notices
Serve rent increase and tenancy termination notices
Automatic Deposit rent to owner's bank
Maintenance:
Register rental properties to Maricopa or Pinal county
Conduct weekly drive-by inspections
Provide monthly report of maintenance, repairs, and utility expenses to Owner
Give rental violation notices when applicable
Maintenance for Multi-Family Rentals and Apartments:
Order the cleaning of hallways and entryways and other common areas
Replace light bulbs in common areas
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 monthly to consult on the job priorities and give updated reports on status of residents and management priorities
Submit monthly time sheets to Owner detailing activities, materials purchased and receipts
Part of the real estate investment feasibility study is having a dependable property management company. You did your due diligence on picking the right property; you’ve shopped for the best financing, and now let us help you maximize your return on investment by minimizing your vacancy rate and operation costs. We understand real estate investors because we are real estate investors ourselves. We originally entered the real estate industry as investors so we know how to maximize your ROI. Let us know how we can help you, feel free to contact us with any questions regarding residential property management in the Phoenix metropolitan area.
