We can list your property at subdivision to help you find the best possible tenants as quickly as possible.
If you’ve never used a property manager before, you’ll probably want to learn as much as possible about the process and what exactly property managers do. In the broadest sense, here’s what all property managers do (or promise to do):
- Collect the rents. Put the rents into an escrow account. Disburse funds to pay bills, income to the landlord 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, late fee notices. 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 from time-to-time 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 30 days notice.
The next step is to learn a little more about what differentiates us from other property managers.
Nobody works harder than Nesbitt Realty.
We have offices in Alexandria, Ballston, Reston and Mclean. Feel free to call us at (703)765-0300 for more information.
Contact us for an accurate assessment of your property values in subdivision
Nesbitt Realty Main Office / Alexandria
1451 Belle Haven Rd. #222
Alexandria VA 22307
Nesbitt Realty Mclean
1765 Greensboro Station Place #900
McLean, VA 22102
Nesbitt Realty Arlington
4601 N Fairfax Drive #1200
Arlington, VA 22203
Nesbitt Realty Reston
11710 Plaza America Drive #2000
Reston, VA 20190