Banks Property Management is a full service full time Property Management Company dedicated to providing the best Professional Property Management services to residential and commercial properties throughout the Colonial Beach, Caroline, Colonial Beach,  Fredericksburg, King George, Dumfries,  Woodbridge, Prince William, Stafford, Spotsylvania, Orange, and Westmoreland counties. BPM offers a professional yet personal approach to property management, one that is flexible to our clients' differing needs.

Inspections: Service and attention to detail has defined Property Management at BANKS Property Management®.   We are known for being meticulous, attention to detail this combined with new tenants move–in inspections, tenant vacate inspections, investigate tenant negligence and fact findings on maintenance issues and repairs, annual safety and preventive maintenance inspections, and promptly reporting to our clients, sets us apart from others.

Accountability: We ensure owners monthly rents are received and deposited into their bank account upon receipt of rent, and issue detailed computerized monthly management reports to allow the property owner to track the financial and operational progress of their investment.  We also promptly notify owners of their tenant late payments and make suggestions under the VRLTA appropriate actions.

Marketing: Perform a detailed analysis of competitive rents and suggest the best rental price for your property. We also conduct the before acquisitions inspection to determine if the property is in “market ready” condition and make recommendations if needed.  Our firm will cover the cost of Advertising your property “For Rent” using the Metropolitan Regional Information Services MRIS/Multiple Listing Services “MLS”. “AD” filters in the, Fredericksburg.com; and the homesdatabase.com; websites, we will also place  a “For Rent” yard sign & Lockbox on the property.  We screen each applicant while complying with local, state and federal anti-discrimination legislation laws. Qualifying perspective tenants involve a credit check through the exclusive Trans Union Credit Services, employment verification, and rental/mortgage reference, followed by a presentation to owner for approval and acceptance.  We also have a strong network with Brokerage firms, military housing and Section 8  programs where applicable . We provide interior and exterior photographic images of property along with description of amenities, features and owner objective. Provide property exposure through scheduled appointments and monitor marketing activities with frequent updates and analysis to owners. We also coordinate and assist listing the property for sale upon owner advisement.  

Expert Owner-Tenant Relations: Tenant retention, maintenance issues and costs, periodic inspections, and communication with owners, are some of the important aspects of our success in the field of Property Management.  We ensure that: Prospective Clients Are Thoroughly Screened. Certainly, one of the most important tasks of a good property management involves tenant selection. Our screening process is designed to evaluate an applicant's past and present rental history, financial responsibility, and income requirements. Prepare and execute Leases on behalf of Owner (“As agent for owner”).  We aggressively Administer our lease under the Virginia Residential Landlord Tenant Act (VRLTA). Collect & ensure security deposits in accordance with applicable laws. Process monthly rents to ensure expenses paid and disbursements. Coordinate owner approved normal maintenance repairs.