What We Offer!!
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Merlyn Banks , Certified Property Manager Direct: 571-436-0445 Merlyn.Banks@BanksPropertyManagement.com |
Banks Property Management 181 Kings Highway, Suite 209 Fredericksburg, VA 22405 Office: 540-372-7272 Fax: 540-372-7221 571-436-0445: 571-436-0448 |
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Nguyen R. Banks, Sr., Associate Broker®, ABR/SFR Direct: 571-436-0448 Nguyen.Banks@BanksPropertyManagement.com |
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As a Specialist in the Property Management industry our number #1 philosophy is to advise owners on the governing rules and regulations set forth for Landlords and Tenants in Virginia; this is commonly known as the “Virginia Residential Landlord Tenant Act “or the (VRLTA). We take pride and due diligence when it comes to managing our client’s properties. We continue to attend seminars and conduct interoffice training to our staff; so we can ensure our properties are handled with the utmost care. We stay up to date on continuing education and stay on top of the annual VRLTA Update and Legislative changes while holding positions within local ®Chapters. We do this in order to develop and maintain a mutual Landlord-Tenant Relationship from a Landlord, owner, and investor of rental properties perspective. Here is "What we Do for our Owners"1. Pre-Acquisition Inspection and suggestion to bring the property to rent-able condition 1. Provide Realistic and competitive Fair-Market Rental Value 2. Internet Marketing Strategies 3. Show Your Property To Prospective Tenants 4. Aggressive Lease administration 5. Negotiate Annual Lease Renewals 6. Established Tenant Rules And Regulations 7. Prepare the Move-In Condition Report with Digital Pictures 8. Rent Collection and timely processing 9. Supervise Maintenance And Repairs, And Negotiate For Best Rates 10. Pay Maintenance And Repair Invoices From Owner Account 11. Mediate Tenant Issues 12. Security Deposit Adjudication 13. Handle Basic Legal Action Against Tenants When Necessary 14. In-Depth Knowledge Of Landlord/Tenant Laws Including Fair Housing 15. Oversee Annual State-Mandated Smoke Detector Certifications 16. Assist With Owner Insurance Claims 17. Deposit Owners Monthly Proceeds to owners Bank 18. Provide Annual Statements and Tax Preparation Documents 1099’s 19. Personalized full-service owner and property management needs 20. Professional Financial Management and reporting 21. Professional and Friendly staff 22. Easy-to-read computerized monthly financial/owner statements/reports 23. Reliable licensed and insured contractors 24. Appropriate Tenant, selection: screening/verification 25. Collaborate with Real Estate Agencies 26. Property Manager Personally handle emergencies 24 hour/ 7 days a week 27. Effective Email Communications 28. "Digital photographs of all available rentals on our website 29. Flexible Weekend and after hours Appointments. 30. Free 30-minutes consultation 31. We do have a reputation for managing exceptional properties; Realtors/agents from other companies seek out our rentals as our rentals are characteristically in excellent condition. 32. Provide an Annual Update to owners on changing Legislation's-VRLTA.
OUR FEES: Our Property Management Fee and Leasing Fee are always included in the Property Management Agreement. Our fees are justified by our performance, education, experience and most of all our reputation for staying educated on Legislation changes. In addition we keep all our clients abreast of all changes and up to the minute on their properties.
Our office Hours: Monday to Friday from 9am -5pm and by appointments on Saturdays . We are available 24/7 to handle any maintenance emergencies. Feel free to send an email to Merlyn Banks merlyn.banks@bankspropertymanagement.com if you would like to set up an appointment. Our Location: We are located in South Stafford, at 181 Kings Highway Suite 209 Fredericksburg, VA 22405: Our office Phone: Tel: 540-372-7272 Fax 540-372-7221. Quick Directions: Take I95 south bound- Take exit 133A to merge onto US-17 BUS S/Warrenton Rd toward Falmouth-Cross over Butler Rd- less than 1 mile, Make a right at the CVS-Cambridge Rd- Left on Kings Hwy –Make a U Turn- stay on right- BANKS Property Management is on the second floor ***Helpful landmarks: The Flag Shop” and Bottom Dollar grocery store. “The bottom line is we “Care” for our Clients properties as if it’s our Own Investment”. We care for each of our owner's property and apply realistic, honest and personalize services individually as each property and owner has differing needs . You Still not convinced? Spend a few minutes exploring this website, and Review the Owners Frequently Asked Questions” then you may visit the National Association of Residential Property Managers (NARPM.org), of which we are a long-time member. This website can give you some more good reasons why you should hire a professional Property Manager to manage your home. Contact Us For A Free Consultation: If you would like our advice on property rental values, or to hear more about our property management services, we would be delighted to give you a half hour (30) minutes of our time to chat with you via phone, email, or in person, about your property and objectives. We will also send you a current market analysis for your property at no obligation!. During our inperson consultation with you we will review the current market rental rates, and will conduct a pre-acquisition inspection of your property and make suggestions on any maintenance items needed before listing the home for rent. This consultation can be a true benefit to you while making decisions about Property Management Services. Our Property Management consultation service is offered to you at no charge! Very Best Regards,BANKS Property Management Team
Equal Housing Opportunity. Office is Independently Owned and Operated
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