3661 N Robert Rd, Prescott Valley, AZ 86314 Areas Served
Specializes in single-family rental homes.
Offers a rent-up program to lease a home that includes meeting with the owner for an initial walk-through and inspection, rent market analysis to set an appropriate rent level, advertising the property, setting appointments, and showing the property. Prospects are pre-screened and applications are processed with a credit check, reference check and background check that includes income verification and the applicant’s previous rental history. The lease and other documents are prepared for signing and the first month’s rent plus the security deposit is collected.
Also offers a full property management program that includes all the rent-up services plus a customized management program that meets the property owner’s requirements. It includes handling all tenant relations plus maintenance needs by supervising licensed third-party service providers and qualified vendors.
License #: LC647186000
Rent Right Management Solutions
#3 best rated of 10 Prescott, AZ property management companies
302 W Willis St Suite 100, Prescott, AZ 86301 Areas Served
Property management services include a free rental analysis, cost-cutting to improve cash flow, marketing vacancies, application screening, and rent collection.
Conducts inspections during move-in, regular drive-bys, annual inspections, and move-out inspections.
Provides oversight of vendors that are hired for periodic and routine maintenance.
Provides a 24-hour emergency response system.
Manages relationships with building inspectors, the fire department, law enforcement, and other officials to comply with all legal orders and the legal requirements of federal, county, state, and municipal authorities.
Provides accurate accounting records that are accessible by the property owner.
License #: LC627740000
C Marshall & Associates Realty
#4 best rated of 10 Prescott, AZ property management companies
8556 AZ-69, Prescott Valley, AZ 86314 Areas Served
Offers full property management services that have management fees based on the number and type of units managed (with volume discounts offered).
Marketing services include showing properties six days per week at no charge, marketing the property on the company’s website, and distributing a list of vacancies to 60 real estate offices and businesses in the Prescott Valley area. The company uses a referral system from the Chambers of Commerce and businesses that newcomers to the area tend to visit, along with advertisements in the newspaper and on the Internet.
Handles tenant application screening for the credit score, criminal record, and positive rental history.
Leasing services include lease preparation and signing, plus collecting rent and security/pet deposits before issuing keys.
Accounting services include a monthly statement along with the net proceeds paid by check
Management services include arranging repairs with qualified third-party contractors who are cost-effective. Owners pay the actual cost of the repairs. No commission is added to the repair bills. Any repair exceeding $200 requires an owner’s specific approval.
Tenant relations include handling all tenant repair requests and serving any legal notices as required. Tenants receive 24-hour emergency service as needed. Tenants receive information about the Arizona Residential Landlord Tenant Act to be fully informed of the law.
Handles all move-in and move-out inspections.
Makes security deposit refunds after any costs from tenant damage or cleaning up the rental unit is deducted.
Periodic drive-by inspections are conducted and an investigation is made of any complaints.
Maintenance services include managing utility bills between tenants to protect the property from winter weather damage.
No management fee is charged during vacancies. There is no annual fee for the management agreement renewal. There is no extra charge to the owner for inspections or to investigate complaints.
License #: LC634181000
#5 best rated of 10 Prescott, AZ property management companies
3205 Lakeside Village, Prescott, AZ 86301 Areas Served
Prescott, Albuquerque, NM, Scottsdale, AZ, Flagstaff, AZ, Sedona, AZ, Santa Fe, NM, Las Cruces, NM, Los Lunas, NM
Specializes in managing homeowners’ associations and residential communities.
Administration services include the implementation of governing documents in compliance with federal, state, and municipal laws.
Accounting services include assessment fees collection, delinquency processing, funds disbursements, and monthly accounting with financial reporting that complies with HOA industry standards and GAAP. Tax filing and auditing services are provided by a CPA. Annual budgets are created for strategic planning of repairs and capital improvements.
Regular on-site property inspections are conducted to make sure the property is maintained properly. Supervises maintenance and repair work provided by approved third-party vendors and contractors. Monthly maintenance reports are created for common areas. Assists with community activities, events, and programs.
License #: CO541420000
Pierce Property Management
#7 best rated of 10 Prescott, AZ property management companies
7120 Pav Way #103, Prescott Valley, AZ 86314 Areas Served
Specializes in residential rental property.
Offers a vacant home caretaker service for those who do not want to rent out their home when they are not living in it.
Offers a leasing service for the fee on one-half month’s rent that has a $150 setup fee and requires a $150 reserve account deposit for repairs. The leasing service includes advertising with professional photographs, screening applicants, collecting a security deposit with the first month’s rent, and preparing and signing a lease. After the tenant moves in, all further rent collection and tenant relations are handled by the owner.
Offers a limited leasing service for owners who want to advertise and show the property themselves. Under this program, the company only screens the tenant applicants, prepares and signs the lease, and collects the security deposit with the first month’s rent.
Offers a full-time management service for a monthly fee (negotiated with the owner). This program has a $200 setup fee and requires $250 to be put in the reserve account for repairs. The service includes advertising, showings, tenant applicant screening, rent collection, supervising the move-in and move-out processes plus making periodic property checks while it is leased, handling all maintenance requests, and disbursing funds to the owner each month by direct bank deposit.
License #: CO002897000
#8 best rated of 10 Prescott, AZ property management companies
402 White Spar Rd, Prescott, AZ 86303 Areas Served
Specializes in residential rental property and apartment complexes.
Offers a leasing-only service for the fee of one month’s rent with a minimum of $500.
Offers full-service property management for a fee of 10% of the monthly collected rent. The minimum fee is $75 for one rental unit or $50 per unit for up to five units. The monthly fee is negotiable for more than five units. A reserve fund must be established of $350 for a single rental unit. The reserve fund for multiple units is negotiable. There is an annual administrative fee of $125.00 for a single unit; $35.00 each for one to four additional units; $25.00 each for five to14 additional units; and $15.00 each for 15 or more additional units.
Verifies the registration of the property as a rental unit, which is a legal requirement.
Performs monthly drive-by inspections and an annual interior inspection of the property including inspecting any gas heating systems and appliances.
Supplies rental applications and all other documents necessary to comply with all landlord/tenant laws.
Markets vacancies on the company’s website and screens tenant applications.
Handles all tenant problems and issues.
Collects and pays all rental taxes as required.
Obtains bids for the owner’s approval before making extensive repairs.
Ensures all required maintenance is performed properly.
Offers a 24-hour emergency service.
Provides full accounting for deposits made to the owner’s account and detailed monthly statements for all expenses.
Handles all security deposit refunds with the required documentation of deductions.
All rent and deposits are held in a trust account, subject to regular auditing.
223 White Spar Rd, Prescott, AZ 86303 Areas Served
Specializes in residential rental property.
Offers full-service property management that includes marketing the property, tenant applicant screening, creating the lease, rent collection, lease terms enforcement, coordination of maintenance, a walk-through inspection of the property during the lease term, inspection and coordination of repairs and cleaning between tenants, and refund of security deposits in compliance with Arizona laws.
Uses Propertyware software to provide an owner’s web portal.
Requires a $400 setup fee for the first unit and $50 for each additional unit plus the deposit of $300 into a reserve account for repairs and signing a management contract for a negotiated monthly fee.
315 W. Goodwin Street, Prescott, AZ 86303 Areas Served
Specializes in residential rental property leasing and management.
A lease-only service is available for the fee that is negotiated. This program includes advertising, marketing, showings, tenant screening, and leasing the property.
Full-service property management is also an option, which includes all the leasing services plus rent collection, accounting, managing security deposits in a trust account, property inspections, supervising maintenance, and taking care of repairs with the help of third-party contractors. A one-time $150 management fee is charged for all new properties. There is a $125 advertising fee for a single unit (the fee varies for multiple units). The monthly management fee is 10% for a single-family unit. The full-service program requires a minimum balance of $200 per property, to be kept in a reserve account for expenses.
Uses Appfolio Property Manager software to provide an online owner’s portal.
Prescott vs Nearby Cities
Prescott is located on the outskirts of the Prescott National Forest and commands some of the highest real estate prices in this central region of Arizona. With a median home value close to $350,000, the city boasts a median home price around $450,000 much of the time. The median rental price is around $1,500, which is similar to rental prices in most surrounding cities. Buyers interested in paying less for their home can find more affordable prices in many nearby towns, including Chino Valley, Paulden and Mayer. The median home price in Mayer tends to stay below $200,000.
Prescott Property Managers
A property manager with experience typically handles marketing, accounting and property maintenance on behalf of the property owner. They can interact with renters and are responsible for maintaining a living environment that is comfortable and safe for all tenants. Most managers will also collect rental payments and initiate the eviction process when necessary.
Prescott Property Management Company Fees
While some property managers will accept a flat monthly fee, most charge a percentage of the rent collected. The average rate in most communities is around eight percent, but it can go as high as 14 percent in some cases. The amount paid is often determined by the exact services included in the contract and any special needs of the property.
Arizona Landlord/Tenant Laws
If an Arizona landlord wants to charge a non-refundable fee of any type, they must disclose the fee and its purpose in the rental agreement.
When a landlord gives another party the authority to act on their behalf, they must disclose the party’s name and contact information in the rental agreement.