Property Management Services

Property Management

This core service ensures that your rental property is managed to the highest standards during the rental cycle. Where most PM firms simply collect rent and oversee maintenance, Echo Summit better serves the owner by conducting frequent detailed inspections with detailed owner reports, and performing routine maintenance that is often neglected. Make sure and visit our blog for the latest in P Mgmt techniques, issues and regulations.

Our property management services include:

• Industry-leading ‘16-touch’ inspection system ensures property maintained as a home (typically 12 physical drive-by's and internal presence 4 times per year)
  
• No Maintenance Markups!  We only hire the best of the best in each maintenance discipline.  We pass our considerable purchasing power straight on to your bottom line... all receipts provided
• Monthly rent collection and late rent enforcement
  
• Detailed monthly management statement
  
• Ongoing communications with owners to notify of property conditions, protection recommendations and other local issues
  
• Rental renewal notices to tenants
  
• Delivery and tracking of Pay or Quit notices when warranted
  
• Manage eviction proceedings if necessary (see video of Sheriff's eviction)
  
• Resident maintenance requests via phone, fax or website
• Assure rental property compliance with applicable local, state and federal laws
• Detailed Resident check-out process, where we hold Resident accountable to high standards for maintenance during their stay

Financial and Reporting

This is also included in our base Property Management service. Echo Summit utilizes the industry’s most advanced property management software to ensure that our owners enjoy the most cutting-edge tools and resources for maximizing ROI. Even with that, software alone is not enough. Our staff of experienced property managers and accounting professionals place a careful human eye on every report, mailing and analysis generated by the systems. We also employ redundant back up systems (including a daily Blowfish-encrypted off-site backup), and a comprehensive disaster recovery plan to ensure operations continuity and data protection.

• Detailed accounting for all rents, expenses and security deposits
  
• All deposits are maintained in a Trust account as required by state real estate regulations
  
• Timely disbursement of funds to owner with detailed monthly statements
• Concise end-of-year statement provided for tax purposes categorizing all income and expenses, plus a Form 1099
  
• Copies of all work orders and receipts are kept on file throughout the year, and are available by request
• Property insurance, tax and mortgage bills can be managed for owner (optional)

Property Leasing Services

Vacancies are the number one ROI-killer for a rental property. Getting the wrong renter is a close second.

Echo Summit has an unparalleled wealth of experience in Denver rental property leasing… locating qualified tenants, and placing them quickly into rental properties that match their needs. Not surprisingly, this process takes a tremendous amount of resource and know-how.

Best of all, you pay nothing until we lease your property!

Our Leasing service begins with cutting-edge marketing:

• Property inspection and market analysis to help determine the appropriate lease rate for the property. Echo Summit is always on the forefront of rental trends and market conditions in order to ensure maximal rental income.
  
• High-impact, multi-faceted property marketing:
  
  • Professional marketing and with cutting edge look / systems. Echo Summit spends a tremendous amount of time on creating the perfect high-impact ad that captures to strengths and personality of the property... This further ensures we attract the right type of Resident for the home
    
  • RentHammer relational database technology improves efficiency and quality of generation and posting of hi-res online ads
  • Comprehensive web-based marketing, such as Rentals.com, RentVine, Google Base,Craigslist, RentalHouses, Yahoo, Oodle, Vast and OLX (optional)
  • Newspaper advertising (optional)
    
  • Special direct marketing programs
    
  • Realtor referral networks
    
  • LARGE, professional metal "For Rent" sign is placed at your property... not a plastic throwaway
    
    

Beware of the professional
Rental Scammer!

From the Rental Application to the background checks… everything will seem perfect… until they stop paying rent, seek protection of the courts, and squat in your property for FREE for 6 months.

Our Leasing service then concludes with the industry' s most comprehensive 'Lease-up’ process:

• Personally interview all qualified Applicants
• Detailed employment, credit, criminal, sex offender and rental background checks
  
• Reference checks from previous landlords, employers and possibly county records
  
• Prepare and administer lease documents, including all disclosures, lead based paint, mold, house rules, etc.
  
• Detailed walk-through of the property prior to Resident occupancy
• Inspection Report for Residents to sign
• Collect first month’s rent and place security deposit in FDIC-insured Trust account
  
• Discuss late payment penalties and implications of lease violation
  
• Notify tenants of rent increases and other assessments
  
• Maintain open communication to ensure good will