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Wilmington NC Property Management for Rentals, Apartments & Houses - Century 21

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

A Rental Analysis helps determine what the property will rent for on a long-term basis. The analysis normally consists of visiting the property features, evaluating the property and its neighborhood. Recommendations are provided regarding repairs, appearance, marketing ideas and a rent range. A free Rental Analysis can be arranged by calling our office 24 hours, 7 days a week at (910) 256-3031. Property owners are under no obligation to begin management services after a Rental Analysis is provided.

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:

1642 Military Cutoff
Wilmington, NC 28403
Phone: (910) 256-3031
Fax: (910) 256-0484
E-mail: ncarter@c21sweyer.com 

 


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Toll Free 800.448.1761or 910.256.3031
Fax 256.0484

 

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