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Wilmington, NC Property Management
We don't just rent your property, we manage it!
CENTURY 21 Sweyer & Associates Property Management will save you time and money while you enjoy the income and tax benefits of owning rental investment property. Benefits of hiring CENTURY 21 Sweyer & Associates Property Management include:
Attracting Qualified Tenants
Advertising is often placed in the Wilmington Star News, the Topsail Voice, and two rental referral companies. In addition, tenants are attracted through the Multiple Listing Services, the Internet, local major employers and flyers to local Realtors. Approximately half of our rental properties are rented through a time-developed network of agent referrals.
Tenant Background Checks
One of the most valuable services is checking tenants� backgrounds. Credit, employment, criminal, and financial status are reported through Production Credit. The staff calls current and past landlords and employers for verification information to be discussed with the property owner.
Property Inspection
To protect the owner�s investment, CENTURY 21 Sweyer & Associates Property Management arranges inspections of the rental property before and after the tenant moves in. In addition, inspections are made during tenancy as needed. Plus, each tenant completes a move-in report to insure a proper record of the rental property�s condition.
Maintenance & Repair Coordination
CENTURY 21 Sweyer & Associates Property Management provides company insured handymen at reduced rates. In addition, licensed contractors are called to make repairs on major air conditioning, heating, electrical, and plumbing repairs. Except in an emergency, property owners are notified of any repair that exceeds $200.
Rental Rate Negotiation
Rent rates are negotiated to the highest possible level depending on market conditions, quality of the tenant, length of leases, type of property, and the time of year. Although a tenant may offer a certain rent rate, staff often must negotiate a higher rate due to the circumstances. Setting proper rental rates and maintaining a strong marketing effort has allowed us to maintain a high occupancy rate!
Legal Documents
Leases and other documents used adhere to the North Carolina Landlord-Tenant Act and clearly explain landlord rights and tenant responsibilities. Although complete background checks are made, occasionally tenant problems arise. CENTURY 21 Sweyer & Associates Property Management has its own attorney who often provides free legal advice or services at a reduced fee.
Rent Collection
Rent payments are sent to the property owner monthly unless an expense prevents mailing all funds. Tenants who have not paid their rent by the 5th of the month are sent a late notice. Although evictions are rare, CENTURY 21 Sweyer & Associates Property Management will normally arrange the removal of a tenant from the property should the rent not be paid in a timely manner.
Monthly Accounting
Property owner checks and computer-generated statements are mailed prior to the end of every month. An annual end-of-year accounting is provided to each property owner for tax reporting. Property owners should check with their accountant to verify the tax advantages when owning rental property. In addition, other required reports are prepared for several government agencies.
Reasonable Fees
CENTURY 21 Sweyer & Associates Property Management offers full management services for 12% of monies collected from tenants� payable monthly. Most management companies fall in this same fee range depending on the type of property managed, market conditions and area. However, the difference in property management firms is often the quality of services. CENTURY 21 Sweyer & Associates Property Management�s company goal is to provide outstanding service so that any fees paid by the property owner are normally saved by avoiding longer vacancy times, excess repair costs, and tenants who have not been checked out completely.
Contrary to some management companies, no start up fee, realtor referral fee, leasing commission, releasing commission, flat fee when the property is vacant, or a fee to arrange maintenance normally exists. In order to avoid any of these �extra� fees, the property owner is asked to keep the property under management on an annual basis. Contact our Property Management office for a free quote on full management or on an alternative service plan!
Free Rental Analysis
Call one of our knowledgeable property managers to help determine what the property will rent for on a long-term basis. The analysis normally consists of reviewing the market and features of your property. Recommendations are provided regarding repairs, appearance, marketing ideas and a rent range.
Our property managers our available at our main line 910 256-3031.
Starting Property Management Services
Rental Analysis is not always necessary to begin management, but it can often answer many questions. Normally, everything that is needed to begin managing an owner�s property can be accomplished in an hour at the property site. After a Rental Analysis and/or discussion is completed, management can begin immediately once a management or listing agreement is signed. If the owner lives out of town or cannot meet at the property, we will arrange to take care of all paperwork through the mail or by fax.
CENTURY 21 Sweyer & Associates Property Management Serving Wilmington & Hampstead:
1612 Military Cutoff, Ste 101
Wilmington, NC 28403
Phone: (910) 256-3031
Fax: (910) 256-0484
E-mail: ncarter@c21sweyer.com
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