REAL ESTATE BROKERAGE

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.