PROPERTY MANAGEMENT
Thank you for considering Prestige Realty Services LLC.
At Prestige Realty, our primary goal is to ensure the financial success of your investment while alleviating the daily responsibilities associated with property management. By enlisting our services, you can enjoy the rewards of ownership without the associated challenges.
By choosing our brokerage, you are partnering with a reputable, experienced property management company dedicated to delivering exceptional service in the Metro Detroit area.
We offer comprehensive property management solutions designed to maximize your rental income while providing you with peace of mind and the freedom to focus on other priorities.
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As a full-service property management firm, we handle all aspects of property oversight, including rent collection, maintenance coordination, and tenant placement. In short, we manage the complexities so you don’t have to. From annual property inspections to our 24/7 emergency maintenance line, we are committed to supporting your property’s needs around the clock.
Why Choose Prestige Realty?
Comprehensive Services
Prestige Realty Services offers an all-inclusive approach to property management, covering everything from resident pre-qualification and advertising to contractor payments and beyond.
Hassle-Free Experience
With us, managing your property is simple. You’ll receive regular, easy-to-understand financial statements, along with direct deposit of your rental income. Let us handle the operational details so you can enjoy the results.
Efficient Tenant Placement
We prioritize placing the right tenants quickly. On average, we secure qualified residents within 30 days, ensuring your property is generating income as soon as possible.
Marketing
We market your property across all major real estate websites and leverage social media to attract potential renters. Our professional photographers highlight your home’s best features, ensuring it stands out online.
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Together, we’ll determine an optimal rental price to maximize your return while ensuring your property rents quickly.
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Throughout the listing period, you’ll receive regular updates on showings and prospective tenants. Once we’ve identified a qualified resident, you retain final approval.
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Key Marketing Highlights:
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Aggressive marketing on high-traffic real estate platforms.
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Property showings scheduled 7 days a week for pre-qualified prospects.
Tenant Screening
We are committed to securing the best possible residents for your property. Our thorough screening process helps minimize the risk of tenants who may have difficulty paying rent.
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We conduct comprehensive background checks, including:
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Credit reports for all applicants 18 and older
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Verification of employment, income, and previous rental history
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Contacting prior landlords to assess past behavior
Our stringent screening process ensures that only qualified tenants are placed in your home, mitigating potential risks and ensuring long-term success.
Property Management Services
Once a tenant is secured, we handle all aspects of property management, from lease agreements to tenant relations. We ensure compliance with rental terms, send appropriate rent increases, offer lease renewals, and take necessary actions in response to lease violations.
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We maintain open communication with both you and your tenants, ensuring prompt attention to tenant concerns and regular updates on property performance. We tailor our communication methods to your preferences, whether via text, email, or phone call.
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Additional Management Services Include:
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Vacancy preparation and property inspections
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Supervision of maintenance and repair work
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24-hour emergency maintenance line
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Full accounting services, including cash flow analysis and monthly bank reconciliations
Specialty Services
We also offer a range of specialty services, such as:
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Restoration of distressed properties
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Mold remediation
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Budgeting and overseeing property renovations (small to large-scale)
These services are tailored to your property’s specific needs, with fees adjusted based on the scope of work. We aim to protect and maximize your investment while minimizing your operational challenges.
Property Preparation for Rent-Ready Status
If your property is not yet in “rent-ready” condition, we can help prepare it for the market. Our team of preferred contractors can make improvements—whether it's a fresh coat of paint, upgraded fixtures, or more extensive renovations. Small upgrades often lead to higher rent prices and shorter vacancy periods, making them a valuable investment.
Maintenance Services
We understand the importance of proper maintenance in preserving the value of your property.
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Our team ensures that all maintenance issues are addressed promptly and efficiently. We have established strong relationships with reliable contractors, allowing us to offer high-quality service at competitive prices.
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We conduct thorough move-in and move-out inspections and maintain a detailed maintenance checklist for each property to ensure all issues are resolved promptly.
Accounting Services
We provide clear, concise monthly financial statements, detailing all account activity, including any bills paid on your behalf. You will also receive an annual 12-month cash flow statement to assist with tax filing and coordination with your 1099.
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If you or your accountant have any questions, our team is available to provide additional clarification or customized reporting tailored to your needs.
Leasing-Only Services
For owners seeking leasing-only services, we offer:
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Comprehensive advertising across major real estate platforms and social media
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Assistance in preparing your property for showings, including professional photography
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Handling of tenant pre-qualification, lease signing, and security deposit collection
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Direct deposit of rental income after our fee is deducted, along with email documentation for your records
