Property managers can come in the form of a person or a company. Either way, what they do can be simply summarized as: getting paid to oversee a real estate property on behalf of the owner.
The responsibilities of a property manager include (as applicable) dealing with the property’s tenants, facilitating repairs or improvements necessary for homes, assuring overall cleanliness and general maintenance of the property, landscaping, etc. This is, of course, in line with any arrangements the property manager has agreed upon with the owner.
Amin & Will in Lowes
It is possible for a property manager to handle multiple properties and interface with several owners. Services offered may also differ depending on the type of property and what was initially agreed upon with the owner. For example, in the case of vacation homes, which are only periodically occupied, greater security measures may have to be employed by the property manager. The property manager must also be certain that everything is in place and ready whenever the owner comes over for vacation.
There are also cases when the property manager is tasked to handle a commercial property, wherein one of the requirements is to operate the business (if the manager is qualified) as well as managing the property itself.
For a property manager to be effective, he or she must be able to maintain a good relationship not only with the owner of the property but also the tenants. This should be done on top of the core duty of maintaining, beautifying and keeping in order the real estate property.
With the right property manager, owners can rest assured that their properties are in good hands and tenants can enjoy the satisfaction of living in a secure, well-maintained and beautiful home.
If you've never hired the services of a property manager before, you'll probably want to learn as much as possible about the process and what exactly property managers' portfolio entails. In the broadest sense, here's what all property managers do (or promise to do):
We All Must Start Somewhere.
Collect rents. Place rents into an escrow account. Disburse funds to pay bills, income to landlords, and fees to the property management company.
Keep a record of all money and receipts and furnish that record on a regular basis to the landlord.
Deal with HOA/COA.
Manage tenant relations including maintenance requests and late fee notices. We also deal with a laundry list of tenant problems: unauthorized guests, unauthorized pets, parking issues, tenant cleanliness, noise violations, neighbor complaints, etc. If necessary, we manage the process of prosecuting actions to evict tenants.
Ensure compliance with state laws, local ordinances, licensing requirements, association rules, Fair Housing laws, insurance requirements, and IRS requirements.
Manage and dispatch handymen as needed.
Inspect the property at the time of move-in at the time of move-out and make random inspections during tenancy.
Money in general does not flow from the landlord to the property manager. Money flows from the tenant to the property manager to the landlord. Fees and commissions are withheld from collected rents.
Our standard agreement is a one year term, but either party can terminate the arrangement with a 30-day-notice.
The next step is to learn a little more about what differentiates us from other property managers.
[Learn more about our property management services now.]
For purchasing, selling, renting, and property management, consider Nesbitt Realty.
Properties in Carlyle District
$499,000 - 2121 Jamieson Ave #1208
Price Reduced!Garage
This delightful 2-bedroom, 2-bathroom condo resides in the esteemed Carlyle Towers, mere blocks away from the King Street Metro. Boasting trendy hardwood-style flooring, a serene color palette, contemporary fixtures, a garage parking spot, and a storage unit, this residence offers a host of desirable features.
As you step through the foyer, the inviting hardwood-style flooring sets the tone for the fine craftsmanship that awaits. The spacious living room, adorned with a glass-enclosed sunroom, offers panoramic views of the bustling cityscape—an ideal space for a home office or a cozy den. Adjacent to the living room, the dining area, illuminated by a stylish candelabra fusion chandelier, provides ample space for both formal gatherings and casual meals.
The well-appointed kitchen features white cabinetry, modern appliances, and a large angled pass-through, perfect for entertaining guests while preparing meals. The primary suite is a retreat unto itself, boasting generous space for a sitting area, multiple closets, and an en suite bath with spa-toned tile flooring. An additional versatile bedroom and full bath offer flexibility to accommodate guests or adapt to your lifestyle needs.
Convenience is key with an in-unit laundry closet, garage parking, and external storage space. Residents of Carlyle Towers enjoy an array of amenities, including outdoor pools, saunas, fitness rooms, a party room, and 24-hour security. Situated near the King Street Metro in Old Town, Alexandria, this location offers unparalleled access to shopping, dining, and entertainment options.
Commuters will appreciate the proximity to major routes, metro stations, and the future Amazon HQ2. Carlyle also provides a rush hour shuttle service to the metro and a free trolley to the waterfront. Outdoor enthusiasts can explore nearby parks and nature trails, while dog owners will delight in the Carlyle Dog Run Park.
If you seek enduring quality in a vibrant locale, look no further!
$470,000 - 2121 Jamieson Ave #1910
Garage
Spacious one-bedroom one-bath condo in Carlyle Towers with great natural light and spectacular views of the Masonic Temple, Washington DC, and the Potomac River. Open and updated kitchen has new granite counters, stainless-steel appliances. The spacious bedroom has ample storage and the sunroom adds great extra living space. Fresh paint throughout.1 assigned garage parking space and storage unit conveys. Tons of amenities in the community and a walk score of 90! Easy access to Alexandria's Waterfront, King Street, DC, the Beltway, and the Eisenhower & King Street Metro Stations. Walking distance to Whole Foods and Wegmans.
$1,125,000 - 1859 Ballenger Ave
Garage
Don't miss out on this unique chance to live in one of the rarely available townhouses nestled within the lively Alexandria Carlyle community.
Upon entering this stunning four-level townhouse, through the front door, you're greeted by a welcoming foyer. This front entrance leads you to a versatile home office/bedroom and a two-car garage.
The living room features large windows and a cozy fireplace. The kitchen is equipped with granite counters, stainless steel appliances, hardwood floors and a convenient eat-in breakfast area. With the spring sunshine coming out, you'll be ready to enjoy the gorgeous natural light from the windows, and the convenience of a kitchen balcony for grilling and a rooftop deck for enjoyable evenings with friends. The upper level has a primary suite, with a massive walk-in closet and a luxurious bathroom with two sinks, a separate shower, and a tub. Additionally, this level includes a full-size washer/dryer (so you aren't running up and down the stairs doing laundry!) and a second bedroom with an en suite bath. As you walk up to the top floor you will discover a sprawling rooftop deck with panoramic views of the community. This space can be used for truly just about anything! It is complete with a full bath as well, in case it needs to be used as a guest room.
This remarkably placed home is just steps away from Whole Foods for those last minute grocery runs, Starbucks, AMC movies, dry cleaners, and more. It is also just a short walk away from the King Street Metro station. You may never need to leave your neighborhood!
Stuart Nesbitt is a Realtor® licensed in the Commonwealth of Virginia. His office is located in Fairfax County near the City of Alexandria in Belle Haven. He was born and raised in Northern Virginia and attended Fairfax County schools. Call him at any time to discuss your real estate needs.
For purchasing, selling, renting, and property management, consider Nesbitt Realty.
