PROPERTY MANAGEMENT

UTC Property Management

Royce Realty & Property Management specializes in the leasing and management of single family homes and condominiums throughout the La Jolla UTC area. While we can manage properties outside the UTC area, we tend to focus on the UTC community in order to maximize economies of scale and pass on our savings to our clients in the form of lower management fees. Also, by centering our focus on UTC, this enhances our ability to apply our local expert knowledge and service to both the tenants that call us everyday, and the owners who we represent. What distinguishes Royce Realty from other management companies is the personal service we can provide. When you hire Royce Realty & Property Management to manage your property, your speak directly with the Broker and Owner, Royce Kemp. Royce takes an intimate responsibility with your valuable asset, treating it as one of his own. Exceeding the standard in property management, Royce Realty & Property Management ensures top quality tenant placement, has an array of reliable vendors for solving maintenance and repair issues that may arise, and provides a hassle-free solution to keeping your investment well-maintained and producing top-income for the lifetime of our relationship. In short, we understand your needs when it comes to property management – whether it’s a simple returned phone call, a knowledgeable response or delivering your financials on time –every month. Let us show you how our experience can serve you. Call Royce today at 858-480-5570.

 

PLACING QUALIFIED TENANTS

We all agree that vacancies are expensive. When your property is vacant, we are not collecting management fees, so interests are directly aligned to keep your property with the shortest vacancy periods as possible, and we make every effort to do so.  The number one method for minimizing vacancies is to contract with well-qualified tenants. At Royce Realty & Property Management we are committed to identifying and retaining the ideal tenant – who have sufficient income and and a verifiable track record of paying rent on time. In addition, we provide our clients with comprehensive marketing solutions that attract responsible tenants who will take care to preserve the value of your property. We have found that the most effective combination to lease properties quickly to the best possible applicants is to price your home competitively, and to present the property in its best possible condition. We create single property websites for each property we manage and syndicate the site across the most popular websites designed specifically for the home and condo rental market, exposing your property to the widest possible audience.

Our pre-qualification system narrows the pool of applicants to only those prospects with the greatest potential. A detailed credit check determines good payment habits and a solid financial background. We verify employment, income and carefully check references.

Once we select tenants that are a good fit for your property we collect a holding deposit and have a lease agreement signed in a timely manner. On a one-to-one basis we start the relationship on a solid footing of open communication.

We want good tenants just as much as you do and pride ourselves in the quality of tenants we are able to attract.

 

RENT COLLECTION

FULL RENT IS DUE ON THE FIRST OF EACH MONTH AND DELINQUENT IF RENT IS RECEIVED AFTER THE 3RD OF THE MONTH. TENANTS HAVE THE OPTION TO PAY THEIR RENT ONLINE, OR WITH AUTOMATED WITHDRAWALS, REDUCING THE POSSIBILITY OF LATE PAYMENTS. LATE NOTICES ARE SENT ON THE 5TH AND PROCEEDINGS ARE INITIATED IF THE TENANT DOES NOT MAKE IMMEDIATE ARRANGEMENTS FOR RENT PAYMENT. WE FEEL THAT THE COLLECTION OF RENT IS ONE OF THE MOST IMPORTANT FUNCTIONS OF MANAGING YOUR PROPERTY. WITHOUT RENT, NONE OF US GET PAID.

 

MAINTENANCE SERVICES

Timely and competent maintenance is the key to protecting your investment. Our goal is to provide you with this important service at a reasonable price using only qualified personnel.

Reliable, regular maintenance enhances the value of your investment. Our dedicated maintenance program ensures that your property is kept in the best condition possible. Routine repair and maintenance will be performed as needed and will be based on urgency and importance. For any major job we usually obtain written estimates from different companies, notify you, and obtain your approval before we proceed. Our established relationships with qualified vendors mean quick turn-around and reasonable rates. Owners are entitled to receive copies of work orders and invoices for any work performed on their property. We ensure the quality of the work performed by making spot checks and follow-up inspections. You are further protected because each job is fully documented in writing and supported with receipts.

 

PROPERTY INSPECTIONS

Experience proves that when a home is maintained to a high standard, you attract and retain quality tenants who are more likely to maintain the property in the same manner.

Royce Realty & Property Management conducts periodic inspections to identify preventive and proactive maintenance needs both on the interior and exterior of the property.

 

FINANCIAL MANAGEMENT

Professional financial support can save you time, eliminate the hassles and accurately track results. Using the latest bank-level security technology available our accounting system records every transaction and creates detailed monthly reports that are easy to understand.

Receive secure electronic payments (ACH) directly to your account for faster access to your rental income and access your financial records at any time. Owners have online access 24/7 through the Owners Login portal that is established when we setup your account. If you choose, we can handle the payment of mortgages, property taxes and homeowner association dues for your rental property. In addition to monthly statements we also provide a complete year-to-date account summary specifically designed to simplify the year-end tax preparation job for you or your accountant.

 

REFERENCES

We would be happy to provide you with references from any of our many clients.