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Process rental payments and make distribution to owner.
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Deposit income directly into your bank account.
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On request, handle mortgage payments, insurance premiums, home owner’s dues, etc.
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Prepare itemized monthly statements of all transactions.
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Year-end statements to simplify tax preparation.
- FOR RENT signs can be posted (by Owner’s request)
- Acer NW, Inc. Website Listing (see RENTAL LIST)
- Advertising on multiple online websites including:
- Craigslist.org
- Hotpads.com
- Trulia
- Zillow
- and other online websites through AppFolio
- 24 hour live answering service
- Competitive pricing
- Long term vendor association
- Handle requests for maintenance and repairs
- Inspect property and schedule preventative maintenance
- Suggest ways to improve property to obtain higher rents or to prepare it for sale
- Lease execution
- Lease enforcement
- Rent collection
- Members of the Northwest Credit Bureau
- Verify
- Credit references
- Criminal record (outside Seattle)
- Employment history
- Rental history
Questions to ask when selecting a Property Manager
- Does the property manager and their company have a current Washington Real Estate License?
- How long has the company and the property manager been in the property management business?
- How long have the longest duration accounts been with the company?
- Does the company focus its attention on property management or does it also sell real estate?
- Is the property management company computerized?
• What reports will you get and how often? - Does the company or the property manager belong to the National Association of Residential Property Managers (NARPM) or other professional associations?
- How often will the property manager visit your property?
- How does the company screen your potential tenants?
- How much does the service cost?
• Are there any other fees such as advertising fees, renewal fees, and account set-up fees? - How long does the management contract last?
- Does the property management company agreement provide for mandatory arbitration in the event that a dispute arises between the client and the company?
- Does the property management company comply with the spirit and letter of the equal housing laws?
- Are all client and tenant funds kept in a trust fund which is subject to state audit?
- How does your company handle late payment and non-payment of rent?
- How does the company advertise properties?
- How does the company handle repairs to the property?
- Does the company have a live person answer the phone 24 hours per day, 7 days per week?
5017 196th St. SW, #103
Lynnwood, WA 98036
Office Hours: Mon-Fri 9:30am - 3pm
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