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Property Management Services

DSC_4997 Century 21 1st American has been in the Real Estate business since 1974.  The Property Management Department was added in the early 1980’s.  So why would you want Century 21 1st American to Manage your Property?

  • Experience – We have been in the Property Management Business for over 30 years, providing our owners with quality service when managing their property.
  • Technology – Our company uses the latest software that helps manage your property.  It allows tenants to pay online, file work orders and send work orders to our vendors.  We also have the ability to pay owners electronically cutting down the time for owner disbursement checks.
  • Vendors – Our vendors are licensed, bonded and insured.  We only use vendors that deliver quality work at the best price.
  • 24/7 Availability – Our Property Managers are available 24/7 to care for your property.
  • Inspections – Property inspections are included in the management fee.  Before the lease renewal of your rented property, our Property Manager will conduct an inspection.
  • Online Applications – Prospective tenants can fill out the application online.  Once the application is completed a credit/background check, rental history and income verification will be conducted and usually we will have the results and a decision in the same day.
  • Owner Statements – Owner statements are sent out once a month with the invoices attached.  These are sent via email or if you prefer regular mail.

These are just a few of the services that we offer and that makes Century 21 1st American a leader in Property Management in Tucson and surrounding areas.  For more information please contact us.

Residential Property Management By the Numbers

House inspections will evaluate conditions and requirements necessary to bring the property to “rent ready”. Property managers will also councel the owner as to the market value vs. cash flow.  Property management software systems will allow for accurate records and communication as well as affective marketing options.  We do all the steps necessary to procure a solid tenant, collect and disperse the rents, fix and repair the property, generate easy to read reports and follow up to maximize cash flow. A solid property manager will take care of all the details.

Tucson Home Values

Many opinions appeared this last week on predicting the future, immediate and long term, of home values. If you look at broad statistics and forecasts only, be aware!…each municipality has a fairly unique economic climate and set of circumstances that greatly affect the housing markets in each area. To further break it down, each subdivision and area of Tucson has it’s own identity as far as home values. Sure, the hot economic markets like Dallas, Denver, Houston, San Francisco, Honolulu, Nashville, Raleigh, Salt Lake City, Portland, Seattle, Boston and Charlotte are all seeing values close to or at their peak values of 2006. In markets like Tucson, the ability to buy is not as strong and the inventory for first time home buyers is low. This weak entry level market makes it harder for all phases of Tucson real estate.

Nationally, the economy is growing at a rate of 2% while the home prices grew around 4% in 2014. The housing recovery is estimated to continue at a languid pace (one million starts) until around 2017. Then, all bets are off. GDP, currency devaluation, Jobs…all have affects on our local economy. We must advocate for lenient development regulation that makes good sense for employers and our resident population alike.
As far as builders in Tucson, the big ones such as Richmond American and DR Horton are very much in the game because they can get funding easily on Wallstreet. The smaller regional and local builders have a serious working capital problem because local and smaller lenders are restricted by the Dodd Frank act. The dodd frank act applies too many restrictions so the smaller builders are stuck wondering what to do. Perhaps an appeal of this legislation to smaller builders would help, but the fact remains….WE NEED JOBS!

Stay Tuned to 1st American

We are preparing to launch our blog with new, events, and general updates for our tenants and property owners!
We are looking forward to keeping you informed about exciting upcoming opportunities!