Property Management-Chatsworth

Agents

Real-estate agents list property for sale and show prospective buyers homes and apartments that are on the market and in the location and price range desired. The basic job of an agent is to bring buyers and sellers together and to see the purchase transaction through the negotiations, agreement and closing. The agent must network extensively and know laws and procedures governing property transactions.

Property Managers

Property managers are responsible for keeping owners and tenants satisfied with the condition of the property that they own and/or rent. The manager works for the owner but also responds to the needs of the tenant. Fundamentally, the job involves maintaining the dwelling units and grounds, and arranging repairs and renovations, if necessary. Some property management companies also handle advertising, leases and the payment of rent by tenants.

Agent Commissions

Real-estate agents earn a commission on properties they list for sellers that are eventually sold. Agents may also work for buyers and assist them in finding suitable property for purchase. In California, real estate agents must hold a license that they obtain by passing a written examination. The license is valid for four years and must be renewed by filling out a two-page application. Nearly all agents work for real-estate brokerage companies, which arrange the terms and conditions of their employment.

Property Management Fees

Property managers also hold a license, which by California law is required for any individual or business that leases, solicits, negotiates, collects rent or makes improvements to property in exchange for any form of compensation. Property managers charge a fee to owners that varies with the amount of money collected in rent, or with the size and value of the property being managed. The property manager may work out of a stand-alone office or from an office located within the rental property.

Specialization

Although their state licenses allow agents and managers to work anywhere in California and with any type of real estate, they commonly specialize in certain types of property. Individual agents working for a broker may handle office buildings, single-family homes, condominiums or land; property managers hire staff for cleaning, leasing, maintenance, and/or sales and advertising. While agents may work out of a single office or for a large corporation, property managers form medium-sized and integrated businesses that can handle the diverse functions of their job.

by Tom Streissguth

The reason for our success is helping owners like you when they need it. Below is a partial list of property management services we provide to help you protect your real estate investment.

• Tenant placement
• Tenant screening (including: credit check, landlord and employment verification, social security trace report, california eviction check and criminal check)
• Regular property inspections
• Accounting and landlord bill payment
• Monthly financial reporting
• Maintenance service and supervision (we use only proven independent vendors)
• Collections
• Evictions
• We supply all the necessary forms to meet California’s Landlord/Tenant laws
• 24 hour emergency phone service
• Advertising to the broadest tenant base possible

Call or e-mail us today for more information. We’re ready to get started!

Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando Valley, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500 and check if we can service your area.