Property Management

Berkshire Hathaway HomeServices The Preferred Property Management Company offers rental/leasing and full-service property management. From single family homes and condominiums, to multi-unit apartment buildings and home watch programs, Berkshire Hathaway HomeServices The Preferred Property Management Co. will design a personalized management program to meet your specific needs.

RENTAL SERVICES

  • Property Evaluation - To determine the rental value of your property, we extensively research the comparable properties in the area.
  • Marketing Services - To ensure your property receives maximum exposure, we list your property's information and photos on the West Penn Multi-List and Prudential Preferred Realty's website, as well as high-volume real estate search sites, including Realtor.com, Trulia, Zillow, Homes.com and Craigslist. We also increase awareness of your property by placing a physical sign is on the property.
  • Tenant Screen and Selection - To help find the most qualified tenants, we perform a credit report, background check, previous landlords, and current employment check on all applicants.
  • Lease Development- To ensure legal compliance, we use the Pennsylvania Realtors Association lease, state required addendums, rules and regulations, as well as tenant insurance addendum, non-smoking addendum, pet addendum etc.

MANAGEMENT SERVICES

  • Leases, Paperwork and Reports - Written move-in, interim and move-out reports with photographs are provided for every property.
  • Rent Collection and Dispersal - Rents are collected by the first day of each month. Late fees are paid on a predetermined date. In the event of late payments, collection processes started and evictions, should they be necessary, are handled in a timely and efficient manner.
  • Security Deposit Management - Compliant with Pennsylvania Law regulations, all security deposits are held in an escrow account and interest is paid, if applicable.
  • 24/7 Property Management - Property Managers are available 24/7 for tenant and landlord inquires and emergency calls.
  • Property Maintenance and Repairs - We provide estimates for maintenance that your property may require. Property owners are be notified before we order a repair or make other pre-determined arrangements for addressing a repair. All repairs will be performed by a reliable, reasonable and qualified Home Services vendor. All vendors are required to have the EPA renovation, repair and painting certifications. Property Preventive Maintenance and Emergency Repair Services are also available.
  • Full-service Accounting Department - Accounting department will collect rents between the 1st and the 5th of the month, pay repair bills and utility bills, as well as any other accounts requested by the property owner.
  • Financial Services - We process tenant payments through both credit card and automatic checking account withdrawal. Proceeds from the rents are distributed to the owner monthly via check or auto deposit, followed by a monthly statement and 1099 at year end.
  • Services - Late payment (10 day) notices, magisterial hearings, eviction and garnishment services are available.