RE/MAX Distinctive Property Management has provided professional residential property management and leasing services for the Northern Virginia area since 1979. Unlike larger companies managing hundreds of properties, we offer a more personal approach that’s always flexible in dealing with our client’s needs. Our commitment is to make the management of your home easy and worry-free for you, the owner. Our many referrals from satisfied clients indicate that we are successfully achieving our goals, and we would like to do the same for you.
At RE/MAX Distinctive Property Management, we believe success is driven by excellence. And now, our vision at RE/MAX Distinctive Property Management is to put the power of excellence to work for you, transforming property management into a more successful and rewarding experience.
Our services are delivered with a standard of excellence backed by over 40 years of expertise and experience you simply won't find anywhere else. Let's explore how the Distinctive standard of excellence can power your success.
“Using RE/MAX Distinctive for property management was the best decision that I made. I now don’t have to worry about all the little issues that could arise and have complete confidence in RE/MAX Distinctive in managing my property” Lisa W. - McLean, VA
" I am glad that I contacted RE/MAX Distinctive to manage my property. They helped me get my home ready to rent and were very professional throughout the whole process. I would recommend to anyone who is looking for a property management company for one of their properties to use RE/MAX Distinctive!" Sam T. - Arlington, VA
"We called RE/MAX Distinctive as we wanted to put numerous of our properties into property management. I am happy that I made this call as the service they have provided since has been first class. Definitely the best move I made" Erin J. - Falls Church, VA
RE/MAX Distinctive Property Management offers a personal approach that’s always flexible in dealing with our clients’ needs. Our commitment is to make the management & leasing of your home worry free for you, the owner. We provide personal service and the highest standards for your investment.
Determine market value for your property
Evaluate the property and determine an accurate rental rate
Market the property for rent
Tenant Screening and Selection
Higher Quality Tenants
Think of tenant screening as the moat and draw bridge around your castle. It is certainly possible to get a bad tenant out of your home once they are in, but it’s a real hassle and you are so much better off never accepting them in the first place. A thorough screening process results in reliable tenants that:
As an experienced property management company, we have seen thousands of applications and know how to quickly dig for the real facts about candidates and analyze that information for warning signs. By allowing Distinctive Property Management to handle the screening, you will also be shielding yourself from rental scams directed at owners, and discrimination lawsuits resulting from an inconsistent screening process. This kind of experience takes time, and insomuch as it means avoiding bad tenants, scams and lawsuits it is arguably one of the most significant benefits a property management company will provide.
Shorter Vacancy Cycles
A property manager will help you perform three critical tasks that affect how long it takes to fill your vacancies:
Better Tenant Retention
While it’s easy to see the effects of lost rent, there are other equally serious problems with a high tenant turnover rate. The turnover process involves a thorough cleaning, painting the walls and possibly new carpet or small repairs, not to mention all the effort associated with marketing, showing, screening and settling in a new tenant. This is a time-consuming and expensive process that can often be averted by keeping tenants happy and well cared for.
A good property management company will have a time-tested tenant retention policy that ensures happy tenants with lengthy stays in your properties.
Rent Collection Process
The way you handle rent collection and late payments can be the difference between success and failure as a landlord. Collecting rent on time every month is the only way to maintain consistent cash-flow, and your tenants need to understand this is not negotiable. By hiring a property manager, you put a buffer between yourself and the tenant, and allow them to be the bad guy who has to listen to excuses, chase down rent, and when necessary, evict the person living in your property.
Many property managers will tell you that it is considerably easier to manage other people's units rather than their own for this reason.
Increase the Value of the Investment
Good Maintenance and Repair
Tenant Move In
Tenant Move Out
One of the biggest decisions you'll make as a landlord is whether you should hire a property management company. Many landlords manage properties on their own or with the help of an employee, such as a resident manager. But sometimes landlords need more help, and that's when a property management company might make sense.
Property management companies can be a huge asset to your business. There are other reasons why you might not want or need one. Carefully review the factors discussed below to determine if hiring a property management company is the right move for your business.
What Does a Property Management Company Do?
Management companies deal directly with prospects and tenants, saving you time and worry over marketing your rentals, collecting rent, handling maintenance and repair issues, responding to tenant complaints, and even pursuing evictions. Plus, a good management company brings its know-how and experience to your property, giving you the peace of mind that comes with knowing your investment is in good hands. Finally, a management company is an independent contractor, so you avoid the hassles of being an employer.
When Should You Hire a Property Management Company?
Hiring a property management company has many advantages. Consider the following factors to determine if hiring a property management company would be a good decision for your property.
You have lots of properties or rental units. The more rental properties you own and the more units they contain, the more you're likely to benefit from a management company.
You don't live near your rental property. If your rental property is located far from where you live, hiring a property management company can be invaluable in dealing with the many issues that you will not be able to handle from afar.
You're not interested in hands-on management. Many landlords look forward to the challenge of finding good tenants and the rewards of maintaining a safe and attractive property on their own. But if you view rental property ownership strictly as an investment and want little or nothing to do with the day-to-day management of your properties, consider hiring help to manage your property.
Your time is limited. Even if you enjoy hands-on management, you may not have much time to devote to your business, especially if landlording isn't your day job. And if you prefer to spend your time growing your business, including searching for new properties, arranging financing for renovations, or changing your business structure, then a management company may be a good way to spend your money.
You can afford the cost. Hiring a property management company is an attractive option if you can afford the fees. When interviewing companies, expect to hear quotes ranging between 8% and 12% of what you collect in rent revenue. If it's a down market and you're able to manage things yourself (or with the help of a resident manager or other employees), you may want to keep doing so until the market turns around.
You're suddenly inundated with management tasks. If your business is growing, at some point you may find that you need a substantial amount of help to manage everything properly. At that point, it might make sense to hire a management company.
You don't want to be an employer. If you hire a resident manager or other employees to help with your property, you become an employer. You'll have to handle payroll and deal with a host of other legal requirements and considerations. But, because a property management company isn't your employee (it's an independent contractor), and neither are the people who work for the company, by using one you avoid the hassles of being an employer.
Personal benefits for ownersLess stress - Avoid having to deal with middle of the night emergencies, chasing down rent, evicting people from your property, tenants who wreck your property, rental scams, lousy vendors, piles of paperwork.
This isn't intended to be a comprehensive list of property management services, but it should give you a fair idea of the scope of a property management company’s activity.
At this point you may be thinking, "Ok, so that's what they can do, but how does all of this benefit me and relate to the big picture of my real estate investment strategy?". Well, call Distinctive Property Management to find out today!
RE/MAX Distinctive Property Management
1307 Dolley Madison Blvd #1A, McLean, VA, 22101
Office: (703) 821-1840
Licensed in VA, MD & D.C.