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BPA - Property Management

Why You Need A

Professional

Property Manager

What Distinguishes a Professional Manager from other Landlords?

• Do you know all of the landlord/tenant laws for your city, state, and federal government?

• Do you know rent values, vacancy factors, and time on the market in your area?

• Do you have a rental application and consistent screening policies that meet all of your legal obligations?

• Do you take time to perform thorough move-in/move-out written inspections and routine property inspections?

• Do you personally know reputable painters, electricians, roofers, chimney cleaners, carpenters, furnace and appliances repairmen who are licensed, affordable, and reliable?

• Do you effectively confront and negotiate with the tenant and enforce the terms of your rental agreement?

• Do you have the ability to recover NSF checks, evict tenants, and collect bad debts?

A Professional Property Manager Does

The Benefits of Hiring a Professional Property Manager

Saves you time, work, and stress:

• You don't have to hire someone to clean, paint, or make repairs.

• You don't have to advertise, take rental calls, and show the property.

• You don't have to screen applications and be apprehensive about who to pick.

• You don't have to execute a rental agreement, worry about adding addendums, fill out the move-in inspection report, and deposit money.

• You don't have tenants calling at all hours of the day and night.

• You don't have to confront tenants on tough issues like collecting rents or taking better card of the property.

• You don't have to collect NSF checks.

• You don't have to serve legal notices or start an eviction.

• You don't have to schedule and fill out the move-out inspection report.

• You don't have to mail the tenant's accounting report and refund check.

• You don't have to start the process all over again.

You don't have to worry about the property or be shocked by its condition when you hire a Professional Property Manager.  Professional Property Managers are dedicated to selecting quality tenants and keeping your investment in good repair with minimal cost.

The National Association of Residential Property Managers

NARPM is a professional organization that promotes education, designations, and networking as a resource to empower its members with knowledge and skill.

A NARPM member honors and subscribes to a Code of Ethics and Standards of Professionalism.

The result is quality service for you and the community. 

• Nearly 1600 members nationwide and internationally

• Local chapters offer educational programs and guest speaker luncheons

• Affiliate vendor member programs

• Monthly educational newsletters

• Midyear and annual education events

May unlicensed persons serve as property managers?

This is an area of some confusion. Commission Rule 535.13© states that those who hold themselves out as “property managers” for others and for compensation must be licensed. However, as pointed out in the September October 1990 issue of the TREC Advisor, this Rule appears to conflict with the scope of licensure required under the Real Estate License Act. Section 2 of the Act must be studied again. Section 2 provides that any leasing activities, such as finding tenants, showing properties for lease, and negotiating leases, require licensure. However, many property management functions appear to fall within categories of activities that do not require licensure. These include bookkeeping functions, and arranging for repairs. So long as a person carefully limits his property management activities to those which do not require a license, neither criminal charges nor TREC disciplinary action would be warranted.

The Property Manager presenting this brochure is a professional and a member of the National Association of Residential Property Managers.  Visit our Web site at: www.narpm.org

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