Apple realty is a
full-service professional real estate brokerage company. We
specialize in property management primarily in the Durham area,
with a high concentration of properties around Duke University,
and Real Estate sales with over 19 years of experience.
Property Management
APPLE Realty provides full service property
management which includes services such as those listed below.
Property Management is difficult and demanding but we take
our stewardship responsibilities seriously. Our management
relationship is a series of permissions to act on behalf
of our owners and we perfom this service for owners of Durham
property who live all over Durham, the United States, and
numerous countries around the world. Apple realty handles
the following tasks for your rental property:
- Tenant solicitation -
we use the internet , newspapers, & any other mutually
agreeable resources to advertise vacancies.
- Showings - Unlike
many competitors, Apple has made the labor intensive commitment
to show properties to prospective tenants. We feel this
gives added security to Tenants and Owners and helps us
build better relationships with tenants prior to leasing.
This also allows us to show properties and potentially
lease them before they become vacant instead of waitng
until they're vacant to begin marketing.
- Tenant Screening -
We use credit reports and rental or mortgage references
to screen potential tenants. This is a very important part
of success in rental real estate.
- Negotiating & executing the lease -
Approved tenants sign a standard North Carolina lease with
a property specific addendum which outline the obligations
of the owner and tenant and define the terms of the tenancy.
- Preparing properties for move in -
Between tenants, properties are inspected for reconciliation
of the the tenants security deposit and necessary repairs
and work are done to make the property ready for occupancy
by new tenants.
- maintenance & repair -
During the tenancy, APPLE will coordinate the completion
of necessary repairs through our vendor relationships .
We have established relationships with maintenance contractors
in many catagories of home maintenance who provide a good
value in the quality and price of needed services for repairs.
We try our best to be responsive in this area because we
realize good tenants expect good service.
- Collecting rent - We manage
rent collections, keep tenant ledgers, and in the event
of an unkept commitment, we will use the appropriate court
proceedings to enforce the lease.
- Monthly account statements -
Every month, owners receive detailed account statements
of income and expenses for their property, and a yearly
summary statement as well as 1099's. We are also able to
deposit monthly rent proceeds into a local bank accounts
and send deposit slips instead of checks with statements
if helpful.
- Year-to-year leases, summer termination -
With so many properties close to the University and tied
to the academic calendar, year-to-year leases with a summer
termination have worked best for us. This at least plans
potential vacancies to come available when the largest
pool of good quality tenants is looking for property. We
work hard in the summer, but we think it is worth it.
Showings, Tenant Screening, and Lease Renewals may be the
areas that set APPLE apart, even though good management means
doing it all well. Its a tough job, but we do it on our own
properties, so we do it for our clients as well.
Sales
We have three friendly and knowledgeable, licensed real
estate agents on hand who handle sales of investment property
and residential real estate. Many of our sales are geared
toward helping existing owners grow their portfolios or sometimes
to liquidate them. We also handle residential sales for owner
occupants as well. Durham is our home and our market. See
our properties for sale page for
more information, or contact Kim on the contact
page. |