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How to pick a property manager you can trust

How to Pick a Property Manager you can Trust

To trust or not to trust?

If you are interviewing property managers, how do you pick a property manager you can trust? There is one important question to ask. Are they a member of NARPM® (the National Association of Residential Property Managers)?

This week, the 31st Annual NARPM® Convention & Trade Show was right here in Phoenix, so this is a good week to write about NARPM®, and our connection to them.

A NARPM® member is sure to stand apart from other property managers and landlords. That’s because to earn a NARPM® designation, a property manager has to pass rigorous requirements. They need all the things you want:

  • Training
  • Experience
  • Recommendations
  • Community responsibility
  • Continuing education

They must continue to accrue these things in order to move up the NARPM® ladder to become fully certified.

Some of the things NARPM® property managers have are:

  • Access to numerous and (proper) educational opportunities.
  • Knowledge of important pending legislative items that may affect you.
  • Knowledge of rent values and vacancy factors for your area.
  • Expertise in creating rental applications. Consistent screening policies to meet legal obligations.
  • Expertise in performing thorough move-in and move-out property evaluations.
  • Relationships with reputable painters, electricians, roofers, chimney cleaners, carpenters, landscapers, furnace and appliance repairmen, and other maintenance professionals. (We call them vendors.)
  • Effective negotiation techniques with tenants, so they can handle difficult issues and enforce rental agreements.
  • The ability to recover NSF checks, evict tenants, and collect bad debts.

How to Pick a Property Manager you can Trust

All County® Prestige is small, and trustworthy. We have 2 employees with NARPM® designations, and are ready to serve you now. Call us today to find out more about what we can do for you! (719) 445-7172

All County Prestige NARPM Designations
All County Prestige NARPM Designations
August 2019 Phoenix Real Estate Statistics

August 2019 Phoenix Real Estate Statistics

August 2019 Phoenix Real Estate Statistics: with home inventory low and prices high, the ARMLS Phoenix Metro market needs an influx of homes to rent. If you have a home to rent, or are interested in renting your home, call us today at (602) 753-0333 Here are some of the numbers in the ARMLS region for August. You can read more by clicking here: http://armls.com/docs/2019-August-STAT.pdf

This is the time of year when sales are slow, a seasonal occurrence. Demand almost always subsides every year between July and January. New listings should maintain enough momentum to keep active listing counts from falling. 2019 sales should surpass 2018 in both sales volume and price.

Total Monthly Sales: 8,726

Sales are down 5.1% from last month, and up 8.6% from last year.

August 2019 Phoenix Monthly Sales
August 2019 Phoenix Monthly Sales

Total Inventory: 17,492

This is a decrease over last month of 2.9%, while down from last year by 11.8%.

August 2019 Phoenix Monthly Sales
August 2019 Phoenix Monthly Sales

Average Sales Price: $338,700

Still rising, up 4.9% from last year at this time. As home prices rise, the market needs more rental homes.

August 2019 Phoenix Monthly Sales
August 2019 Phoenix Monthly Sales

Average Days on Market: 63

Days on market is up 1 day from last year at this time, and the same as last month.

August 2019 Phoenix Monthly Sales
August 2019 Phoenix Monthly Sales

Summary

August 2019 Phoenix Real Estate Statistics: this is the time of year when sales are slow, a seasonal occurrence. Demand almost always subsides every year between July and January. New listings should maintain enough momentum to keep active listing counts from falling. 2019 sales should surpass 2018 in both sales volume and price.

What does all of this mean? It’s a great time to have a Phoenix investment home, and a great time to rent a home in Phoenix! Check out our available rentals at: http://allcountyprestige.com/available-rentals

Call us today at: (602) 753-0333 for more information about renting out your home in Phoenix.

All County® is here for you!

All County® Prestige Responsibility to Protect the Public

All County® Prestige Responsibility to Protect the Public

All County® Prestige takes property management seriously. As we rebuild our company, we study and enforce the standards of professionalism expected in our field. Here are some of the property management standards of professionalism that we take an oath to follow within the All County® Prestige responsibility to protect the public.

The 1st article of the property management standards of professionalism addresses the property manager’s responsibility to protect the public. It says, “The Property Manager shall protect the public against fraud, misrepresentation, and unethical practices in property management.”  You can read more about our story here: https://allcountyprestige.com/about-us/our-story/.

Property Manager’s Responsibility to Protect the Public

The National Association of Residential Property Managers (“NARPM®”) promotes a high standard of business ethics, professionalism, and fair housing practices. All property managers who are members of NARPM® must abide by the following Code of Ethics and Standards of Professionalism (the “Code”). You can read more here: https://www.narpm.org/code-of-ethics/

The Property Manager:

  1. Shall endeavor to eliminate, through the normal course of business, any practices that could be damaging to the public or discredit the profession.
  2. Shall cooperate with the governmental agency charged with regulating the practices of Property Managers.
  3. Shall comply with all relevant local and state ordinances regarding real estate law, licensing, insurance, and banking.
  4. Shall comply with all federal and state antitrust laws and shall follow the NARPM® Antitrust Policy and any related procedures.
  5. Shall not reveal confidential information of Clients, Tenants or others except as required in the course of performing their duties or as otherwise required by law. The Property Manager shall take all reasonable precautions to protect confidential information.
  6. Shall use reasonable efforts to ensure that information on their website, or that of his or her Firm, is current and accurate. If it becomes apparent that information on the website is not current or accurate, then the Property Manager shall promptly take corrective action.
  7. Shall make sure their website does not contain any deceptive metatags or other devices/methods to direct, drive, or divert Internet traffic in a deceptive manner or to otherwise mislead users. The website shall not manipulate listing content in any deceptive or misleading way.
  8. Shall disclose all details on the availability of rental properties to prospective parties on a regular and timely basis.
  9. Shall make every effort to not exaggerate, misrepresent, misinform, or conceal pertinent facts in the advertising, leasing, and management of property.
  10. Shall make reasonable attempts to remove from the Internet listings for rentals that are no longer available.

As we rebuild All County® Prestige from the ground up, following the Property Manager’s Responsibility to Protect the Public is one way we plan to protect those we serve. If you are in need of a property manager, call All County® today! (602) 753-0333

We’ll make sure you have responsible property management in the greater Phoenix area.

How to Keep your Tenants Happy

How to Keep your Tenants Happy

Most people get into real estate for profit.

Want good ROI (Return on Investment) from your residential investment properties? Keeping your units rented is one of the most important parts of getting that return high. But keeping your property rented can be difficult, and take a lot of time and effort. So hire a property manager. Think it’s too expensive? Believe it or not, good property management can help make your investment more profitable than if you ran it yourself, with a lot less effort, giving you time to expand your business. Here are a few tips about how to keep your tenants happy.

Select Tenants Carefully

Stable renters in your properties means low vacancy rates, and tenants who pay their bills and take care of the property. Therefore, choosing your tenants carefully is very important. Doing this by yourself can be time consuming, and it’s tempting to skimp on the time it takes to do it right. Property management companies have processes in place to screen tenants thoroughly, to make sure you get the most stable renters. All County® uses a thorough screening process to get detailed backgrounds and reports for every applicant, thus keeping your vacancy numbers low.

Plan Ahead for a Change of Tenants

When your tenant turns in their intention to move, what’s your next step? All County® requires a 30-day notice before a tenant leaves, and shows your property while the tenant still in residence, assuring low vacancy. All County® takes care of the lease renewal and finds a new quality tenant for you.

Keep Tenants as Long as Possible

Tenants stay at a well maintained property longer, and if their maintenance requests are taken care of quickly, they’re satisfied. All County® performs regular inspections of the property to check for any problems. We have an online maintenance portal, including an emergency line that assures punctual help for tenants. The people who fix our properties provide us with great service at the lowest possible prices. Happy tenants mean owners are successful.

Call All County® for Help

You have Phoenix, Arizona investment property, and you want it to be profitable. To make good profits, you need low vacancy, and that means happy tenants. Tenants want well-maintained homes.

All County® Colorado Springs help you get this done, so you have time to expand your business. Visit: https://allcountyprestige.com/property-management/services/ for more information on how we can help you find and keep the very best tenants.

Ready to let us help you increase your profits? Call All County® right now, at: (602) 753-0333. We’ll help to make tenant management easy for you!

July 2019 Phoenix Real Estate Stats BLG

July 2019 Phoenix Real Estate Statistics

July 2019 Phoenix Real Estate Statistics: With home inventory low and prices high, the ARMLS Phoenix Metro market needs an influx of homes to rent. If you have a home to rent, or are interested in renting your home, call us today at (602) 753-0333 Here are some of the numbers in the ARMLS region for July. You can read more by clicking here: http://armls.com/docs/2019-July-STAT.pdf

In a short 5-month period, our Seller Market has gone from its weakest measure in 3 years to its strongest measure since 2005. However, since 2005 was on the decline our scenario today resembles 2004 more closely because the seller market was strengthening at nearly the same pace.

Total Monthly Sales: 9,192

Sales are down 1.3% from last month, and up 9.7% from last year.

July 2019 Phoenix Monthly Sales
July 2019 Phoenix Monthly Sales

Total Inventory: 18,007

This is a decrease over last month of 9.0%, while down from last year by 8.8%.

July 2019 Phoenix Total Inventory
July 2019 Phoenix Total Inventory

Average Sales Price: $341,600

Still rising, up 6.6% from last year at this time. As home prices rise, the market needs more rental homes.

July 2019 Phoenix Average Sales Price
July 2019 Phoenix Average Sales Price

Average Days on Market: 63

Days on market is up 3 days from last year at this time, and down 2 days from last month.

July 2019 Phoenix Average Sales Price
July 2019 Phoenix Average Sales Price

Summary

What do the July 2019 Phoenix real estate statistics mean? It’s a great time to have a Phoenix investment home, and a great time to rent a home in Phoenix! Check out our available rentals at: http://allcountyprestige.com/available-rentals

Call us today at: (602) 753-0333 for more information about renting out your home in Phoenix.

All County is here for you!