Important things to consider if you plan to use a Property Management company
Are you considering hiring a property management company but unsure about what services they provide? Look no further!
At Zenith Degree, we specialize in managing properties to ensure our clients receive the best possible return on their investments. To explore the question of what property management companies do, we felt it necessary to explain various responsibilities that we practice to make all of our Owners successful.
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Marketing:
One of the essential tasks of a property management company is effective marketing. It's important that your Property Management company does a thorough Market Rent Analysis to determine what your property should rent at.
Our professional photography vendor captures the essence of your property, while our descriptive descriptions highlight its unique amenities and features. We then promote your property, including online listings, social media, and a pool of current prospective tenant lists.
By showcasing your property to potential tenants, we maximize visibility and attract quality renters.
Prospective Applicant Reports:Â
Curious how your property is performing prior to finding a tenant? Its important to have a Property Management company that notifies you and advises you any price improvements that are necessary.
That is why we send weekly reports showing owners inbound inquiry traffic. What platform is performing the best? How many showings have you had? From those showings how many people have applied?
Our report covers all aspects so you know how your property is performing.
Tenant Screening:
Tenant screening is crucial for ensuring that the right individuals occupy your property. At Zenith Degree, we conduct thorough background checks to verify applicants' information and assess their rental history, creditworthiness, and employment status.
By carefully screening tenants, we mitigate the risk of late payments and property damage, providing peace of mind to property owners.
Inspections:
Regular inspections are vital for maintaining the condition of your property. We perform tenant make-ready inspections to prepare the property for new occupants, move-in / move-out inspections to document the property's condition, and quarterly inspections to ensure ongoing maintenance.
By conducting comprehensive inspections, we identify any issues promptly and address them before they escalate.
Financials:
Managing finances is a critical aspect of property management. We at Zenith Degree ensure accurate bookkeeping by balancing expenses and income meticulously. With our live portal, property owners can access financial reports and work orders conveniently.
Transparency and efficiency are paramount in our financial management services.
Maintenance:
Handling maintenance requests promptly is essential for tenant satisfaction. Whether it's routine maintenance or emergency repairs, It is important for Property Management companies to be equipped to address issues promptly.
Not only are we handy in trying to save costs for our owners if its a simple fix, but we also have a network of licensed vendors to tackle complex repairs efficiently.
As far as Maintenance is concerned, it's important to ensure that your property remains in optimal condition.
Owner Distributions:
As part of our comprehensive services, we facilitate owner distributions to ensure our clients receive their rental income seamlessly. By handling the financial aspect of property management, we allow property owners to focus on other priorities while we manage their assets efficiently.
Here at Zenith Degree we pride ourselves on making the process seamless which explains our slogan of "Managing your Assets, Securing your Peace of Mind".
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Partnering with a property management company like Zenith Degree offers numerous benefits, from effective marketing and tenant screening to comprehensive inspections and financial management. With our commitment to excellence we strive to deliver unparalleled service and maximize the value of your investment property.
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