Davis Property Management is raising the bar in managing single residential properties and individual condominium units in the greater Puget Sound region. Our knowledge of the local markets combined with our customized marketing strategies result in maximizing values, minimizing risks and promoting long-term sustainable tenancy. We offer a comprehensive service portfolio ranging from accounting to coordination of property repairs and maintenance. We value our reputation of offering reliable personal attention to each and every property. At DPM we strive to provide professional and proactive management along with exceptional customer service to both our clients and our tenants.
How Davis Property Management Saves You, the Owner, Money
- 8% of rent per month with no hidden fees.
- 50% leasing fee that is half of the industry standard that managers charge.
Slide to match your estimated monthly rent to see your savings:
|Features||Competitors||Davis Property Management|
|Leasing Fee||100%Of first month rent||50%Of first month rent|
|Mark up on repairs||10%||0%|
|Monthly Mgmt Fee||10%Of gross monthly rent||8%Of gross monthly rent|
|Total cost per year||$6,600||$4,380|
Explore our Solutions
We investigate all avenues to increase efficiency and maximize revenue.
- Property Audit
- Property Improvements
- Market Rent Analysis
- Ongoing Site Analysis
- Property Reports
We Organize and execute day-to-day responsibilities at premier standards.
- Onsite Management
- Offsite Management
- Maintenance / Repairs
- Rent Collection
- Bill Payment
Marketing & Leasing
We utilize all market and sales trends to maximize opportunities at no additional cost to owner.
- Market Survey / Plan
- Marketing / Sales Campaign
- Tenant Screening
Market Research and Property Inspection
Davis Property Management systematically performs a market rental analysis and a thorough on-site inspection of the residential property in order to determine the maximum rental value. We take pride in communicating our data analysis and teaming with the owners to strategically manage their property. Each owner can stipulate how involved they want to be in the management of their home and tailor the services available to their own needs.
Davis Property Management aggressively markets and promotes each home so that a reliable tenant can be vetted and placed through our professional screening services. Our on-line marketing tools include DPM Website, Google+, Facebook, Craig’s List and membership in the local Chamber of Commerce. DPM creates a web page within our own website to provide potential tenants information they need to make an informed decision. Web page data includes a description of the home, location, size, floor plan and rental fees.
Davis Property Management utilizes a professional screening service to evaluate a prospective tenant’s credit, criminal background check, employment history, rental history, as well as personal and credit references. Maintaining an excellent tenant base is a priority and one of our great success stories. Our thorough screening process inevitably results in low tenant turnover, increased occupancy rates and happy tenants.
Davis Property Management promptly collects the monthly rental fees and provides the owner with a check or a direct deposit to the account of their choice. We pursue delinquencies and post notices in a judicious manner. DPM will represent the owner if any legal action is required.
The Davis Property Management Team oversees a comprehensive Move-In/Move-Out inspection form. This form is customized to each home and is completed by doing a walk-though of each home by the tenant and DPM team member. This document is used to assess any damages and subsequent charges against the tenant’s security deposit. Periodic inspections are made to ensure that the residence is being kept in acceptable condition.
Davis Property Management maintenance team is organized to do quick turn-over improvements or interior/exterior remodeling projects. We use a prompt, yet common sense approach to maintenance requests or emergencies and respond in a timely manner. With owner input, we address deferred maintenance and if necessary contact independent contractors to get bids on behalf of the owner. DPM takes pride in our ability to utilize our in-house maintenance team, as well as our relationships with great vendors to promptly address any issues arising on a property.
Today, residential property owners need a wide variety of property management services depending on the property and the market conditions. We work diligently to control expenses in order to maximize income for the owner. We strive to deliver an exceptional level of reliable customer service to our clients. Davis Property Management is eager to prove ourselves and look forward to having a partnership with you that achieves the maximum net operating income while continually increasing the value of your residential property.
Example of how DPM can save you money renting out your home
Example using Residential monthly rental income of $2,500.
|Davis Property Management||Competitors|
|Gross Yearly Rental Income||$30,000||$30,000|
|Leasing Fee||-$1,250 (50% charge)||-$2,500 (100% charge)|
|Yearly Management Fees||-$2,400 (8%)||-$3,000 (10%)|
|Net to Owner||$26,350||$24,500|
|Year 1 Savings to Owner||$1,850 (34 % savings)|
|Year 3 Savings to Owner||$5,550 (34% savings)|
|Year 5 Savings to Owner||$9,250 (34% savings)|
Typical rates in the area for residential property management is a leasing fee of 1 month’s rent value, as well as 10% of monthly rent value. In this case, a typical Leasing Fee would cost owner $2,500 every time home is leased to new tenants, as well as a Management Fee of $250 a month ($3,000 a year).
At Davis Property Management we can provide great discounts. We charge only 50% of monthly rent value for Leasing Fees and 8% of monthly rent value for Management Fees.
With Davis Property Management you would be provided with premier day-to-day management while saving yourself significant cash. In the above example we saved the home owner 34% over the typical competitor rate.
Call or e-mail today for a free quote and information!!!