Guide to Monterey Estates Real Estate

Nesbitt Realty provides a number of handy real estate tools that can help you as you investigate facts and data about Monterey Estates real estate. For example, our Homefinders' Short Cuts (scroll down) can quickly lead you to details about real estate actually on the market today. Certainly, buyers can use those short cuts to find real estate quickly, but sellers can also use those tools to investigate what is going on right now in their own community.

Furthermore, if you are selling a home in Monterey Estates, you might find that Monterey Estates charts provided here is just as useful for home sellers as it is for buyers. This inventory data shows in chart form basic info about the current state of the real estate market.

Our data sets are not just for purchasers and home sellers. We also manage properties in and around Monterey Estates.

Naturally, Nesbitt Realty also manages rentals for owners in Monterey Estates. Local owners may find this information handy as well. In addition to our links for buyers, we provide a rental search tool for people researching rentals in Monterey Estates. Prospective tenants might well find our comprehensive list of facts to be handy for learning more Monterey Estates. Whether you think that notable employers are unimportant or not, we are certain that you will understand our real estate links are helpful.

Association Management Service at Monterey Estates

Unless you pay your association dues to Nesbitt Realty, we do not manage your association. We provide association management services to condominium associations and homeowner associations across Northern Virginia. We'd be happy to provide a proposal service to your association. [Read more about our association management services]

In the Commowealth of Virginia, every real estate licensee (commonly called a real estate agent) is required to successfully complete a state-approved course on real estate, pass a background check and pass a state-approved test. A Realtor must do all this and more. Of the more than two million people who have earned real estate licenses, only a few of them are Realtors. You might not know that Realtors in the Commonwealth of Virginia are members in good standing of the National Association of Realtors, the Virginia Association of Realtors, and a local real estate board. To maintain good standing, every Realtor must stick to well-defined high standards of ethical conduct. And, each Realtor must attend continuing education to remain in good standing. All agents and property managers of Nesbitt Realty are Realtors!

While you will find quite a few advantages from hiring a property management company, there is also a cost associated with employing a property manager. In addition to the costs of rental property management, there are other reasons why rental management might not be for you. Think about the following questions to figure out whether hiring a property management company would be the right choice for you. Ask yourself these questions:

Do you reside and work not far from your rental property? Northern Virginia and to a certain extent Monterey Estates is a very transient community. Northern Virginia has quite a few military, diplomats, State Department, political appointees and academia. If you're getting transferred across the country or around the world, it might be a good idea to let a professional manage your rental. Even simple tasks can get complicated very quickly when you aren't around to manage the details.
Do you want to handle the details of property management? Some landlords look forward to the challenge of identifying trustworthy tenants. Some landlords think that maintaining a property and managing handymen is rewarding. Accordingly, they have fun taking calls at strange hours. Still, if you don't want more work, you may not want the chores of managing your own rental property. If, you want little or nothing to do with the day-to-day management of your properties, you should probably think about employing a rental property manager to help to manage your rental property.
Do you want to argue with your renters? If you have renters, sooner or later you will have to deal with problems. Even if you find hands-on management rewarding of the property, you may not find arguing with your tenants is pleasant. In addition, if you're not a trained property manager, you can get into trouble quickly if you don't understand tenant's right. If you've already got a full-plate, then the last thing you want is extra worries. Hence, hiring a rental property manager might be a way (and tax deductible) expense.
Can you afford the cost? Let's face it. hiring a property manager is much more attractive option if you're not in a cash crunch. If monthly cash-flow is not an issue, you'll probably save money by paying a rental property manager and writing off the expense. But if at the end of every month cash is tight, you might not want to engage a rental property manager.
Can you afford the risk? Do you understand the Virginia Residential Landlord Tenant Act? Do you understand the tenant's rights? Do you understand your duties? The more you understand property management in today's litigious culture the more you'll know the value of hiring a professional on your side.
Do you have a list of maintenance people? Each investment must have upkeep. If your tenant contacts in need of property upkeep will you know who to hire and what to do in a timely fashion? Do you know which repairs are the real estate investor's responsibility and which repairs are a tenant responsibility. If not, you might want to consider employing a rental property manager.

Learn more about our rental management services in Monterey Estates and around Northern VA