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10 Reasons to Hire a Property Management Company

Handsome Properties November 17, 2020

Charleston ranks high as a destination for those looking for long-term luxury surroundings. While the area is booming with residential and commercial development, Charleston continues to maintain its unique charm and heritage. For these reasons and more (like a warm climate with no snow and world-class cultural attractions), owning income property in a city like Charleston can bring financial rewards.

Managing high-end luxury property, however, requires time, effort, and expertise. That’s where Handsome Homes comes in. We offer a worry-free experience for both homeowners and prospective residents alike. For property owners, here are the essential services we offer that can help you maximize your investment and safeguard your time.

1. We Market Your Property to Minimize Vacancies and Maximize Income.

Our in-house marketing department deploys campaigns that include social media marketing, professional photography, and a customized ad campaign to feature each property at its best.

Handsome Homes is different from a typical rental agency as we not only list properties on the MLS (Multiple Listing Service) and all rental websites, but also have an extensive referral network stemming from our sister company, Handsome Properties, a top-performing downtown Charleston-based real estate firm. This referral structure is priceless as it allows us unique access to homes and homeowners who may not want to publicly advertise their real estate offerings.

2. We Fill Vacancies With the Best Possible Tenants.

We protect your properties by accessing top tenant screening reports on your rental applicants. We pull credit and criminal background reports, nationwide eviction searches, SSN validation, and more with the click of a button. Our integrated online rental application streamlines the process, allowing us to get your vacancies filled faster with qualified applicants.

3. We Keep Your Rental Property in Good Condition.

Our services are ideal for the absentee homeowner who needs a local point of contact for property management issues. Our services include four property inspections every month and scheduling and monitoring of annual maintenance updates

We use third-party providers for all maintenance repair needs, and use only licensed, insured and bonded contractors. No mark-ups are charged on maintenance costs as this is covered under the management fee. Your online owner account comes equipped with a work order platform which allows full transparency to homeowners as we assign vendors, add photos, and attach bids or invoices for reference and approval.

4. We Track Income and Expenses to Determine Profitability.

Our in-house technology tools and expertise allow us to track income and expenses to monitor the profitability of your rental properties.

5. We Negotiate Rental Agreements.

We save your time and effort by negotiating rental agreements on your behalf to get you the best results and the best tenants.

6. We Collect Rent and Track Tenant Deposits.

Handsome Homes maintains a Tenant Portal where your tenants can log into their account using a unique username and password to make electronic rent payments, submit work orders, and receive direct communication about their rental. Our Tenant Portal helps to ensure happy tenants and less vacancies!

7. We Comply With Federal, State and Local Laws.

Renting out an income property involves a whole host of federal, state, and local laws that property owners must follow. Our knowledge of regulations at every level of government helps make your experience successful as well as saving you precious time.

8. We Manage and Track Tenant Communications and Transactions.

Our Tenant Portal creates a secure, password-protected online system to help you manage tenant communications, transactions, and documents such as custom lease agreements, owner agreements, lease renewals, and maintenance requests. Tenants can sign with e-signatures, which are legally binding. No more emailing from your own account or searching for old emails—our method is efficient and organized.

9. We Maintain a Digital Archive of Important Documents.

We also maintain a secure, digital archive of all your important files, documents, and photos in your Owner account. Files are encrypted during transit to provide complete data security. This allows us to selectively share files from our file library with tenants and owners. We back up files daily both on-site and off-site to ensure the maximum possible data security and retention.

10. We Electronically File 1099 for Owners and Vendors.

We provide full e-file functionality for 1099-MISC tax reporting with the IRS. With the help of the 1099 Tax Assistant and through a partnership with an authorized IRS tax reporting service, your 1099-MISC reporting can be done with a couple clicks of a button. The data is retrieved directly from your accounting system to ensure error-free transmission.

Contact us today to learn more about our services. For more information about our service, fee structure, and how we can help you lease your home, please contact Kara Coville at [email protected], or via phone at (843) 990-9047.

The Art of Real Estate

Transforms property buying and selling into a thoughtful, curated, and highly personalized experience, expertly tailored to Charleston’s luxury, historic, and exclusive real estate markets.