FAQs
- What should the customer know about your pricing (e.g., discounts, fees)?
At Silver State Realty & Investments, our pricing is designed to offer exceptional value while maintaining transparency. Here’s what you should know: Competitive Rates: Our property management rates are highly competitive, with standard service at just 7% and full service at 10%. This is up to fifty percent lower than the industry standard. No Hidden Fees: We do not charge account setup fees, marketing fees, or any other miscellaneous charges, unlike many of our competitors. This approach can save you hundreds of dollars annually. Flat Fee Structure: Our 7% flat fee covers a comprehensive range of services without any hidden costs, ensuring you get maximum value for your investment. Cost Savings: By leveraging automation, education, and effective communication, we keep our operational costs low and pass these savings on to you. Discounts: We offer discounted rates for our property management services compared to standard industry pricing, allowing you to benefit from professional management at a lower cost. Our commitment is to provide superior property management services at the most affordable rates, helping you maximize your return on investment.
- What is your typical process for working with a new customer?
At Silver State Realty & Investments, our process for working with a new customer is designed to be seamless, efficient, and customer-focused. Here’s what you can expect: Initial Consultation: We begin with a thorough consultation to understand your specific needs, goals, and expectations. This can be done in person, over the phone, or via video conference. Property Assessment: Our team will conduct a detailed assessment of your property to determine its condition and market potential. This includes evaluating the current rental market to set the best rental rate. Customized Management Plan: Based on the consultation and property assessment, we develop a customized management plan tailored to your requirements. This plan outlines our services, fees, and strategies for maximizing your investment. Agreement and Onboarding: Once you approve the management plan, we proceed with the formal agreement. Our onboarding process includes setting up your property in our management system and ensuring all necessary documentation is completed. Marketing and Tenant Placement: We market your property through various channels to attract high-quality tenants. Our team conducts thorough tenant screening, including background checks, credit checks, and employment verification. Leasing and Move-In: We handle all aspects of leasing, from drafting lease agreements to coordinating move-ins. Our goal is to ensure a smooth transition for tenants while keeping you informed throughout the process. Ongoing Management: Our comprehensive property management services include regular maintenance, 24/7 emergency support, rent collection, legal compliance, and detailed financial reporting. We use automation and efficient communication to keep you and your tenants satisfied. Regular Updates and Communication: We maintain open lines of communication, providing you with regular updates on your property’s performance. You’ll have 24/7 access to real-time lease and financial reporting through our online portal. Review and Feedback: We regularly review our services with you to ensure we are meeting your expectations. Your feedback is invaluable in helping us continually improve and provide the best possible service. At Silver State Realty & Investments, our priority is to provide a hassle-free and rewarding property management experience, ensuring your investment is well-cared for and profitable.
- What education and/or training do you have that relates to your work?
At Silver State Realty & Investments, our team is highly educated and trained to provide top-tier property management services. Here’s a summary of our qualifications and training: Certified Commercial Investment Member (CCIM): Our operating partner holds a CCIM designation, a highly respected certification that signifies expertise in commercial and investment real estate. This designation ensures that we apply advanced financial, market, and investment analysis skills to our property management approach. Experienced Leadership: Our company was founded by Christopher Beavor, a corporate broker with over 22 years of experience in the real estate industry. His extensive knowledge and vision have been instrumental in our success and ability to navigate various market cycles. Professional Affiliations: We are active members of several key industry associations, including the National Association of Realtors (NAR), the National Apartment Association (NAA), and the National Association of Residential Property Managers (NARPM). These affiliations keep us updated on the latest industry trends, best practices, and regulatory changes. Ongoing Education: Our team regularly participates in continuing education and training programs to stay current with the latest property management techniques, legal requirements, and market developments. This ensures we are always equipped to provide the highest quality service. Specialized Training: Our staff undergoes specialized training in various areas of property management, including tenant screening, maintenance coordination, legal compliance, and financial reporting. This comprehensive training allows us to manage properties efficiently and effectively. Hands-On Experience: With over 20 years of experience in the Las Vegas property management market, we have managed thousands of properties for a diverse range of clients, including Real Estate Investment Trusts, Institutional Investors, Family Offices, and Individual Investors. This hands-on experience is invaluable in providing superior property management services. Technological Proficiency: We leverage the latest property management software and automation tools to streamline operations, enhance communication, and provide real-time reporting to our clients. Our team is proficient in using these technologies to maximize efficiency and transparency. At Silver State Realty & Investments, our commitment to education and training ensures that we deliver exceptional property management services, tailored to meet the unique needs of each client and property.