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Best Property Management Companies in Fort Smith, AR

Our Recommended Top 3

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Fort Smith Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.



3Top Picks

Learn about our selection process.


featured provider = Featured Provider

1206 Fort St, Barling, AR 72923 Rating

Review Sources

4.5 (11)
4.0 (2)

Why choose this provider?

Asset Management of Fort Smith is a residential property management company. The firm's property managers in Fort Smith handle apartment complexes, duplexes, and single-family homes. They evaluate properties, advertise property vacancies, schedule daily or quarterly property maintenance, and resolve tenant disputes. In addition, they collect rental payments, pay bills, prepare financial statements, review insurance and tax accounts, and address emergency maintenance requests. Asset Management of Fort Smith has more than 30 years of property management experience.

  • Maintenance
  • Collection

1401 S Waldron Road Suite 200, Fort Smith, AR 72903 Rating

Review Sources

4.5 (259)
2.5 (4)

Why choose this provider?

Real Property Management First Choice consists of property managers in Fort Smith. The company's professionals provide various services to the tenants and owners of the properties they manage. These services include collecting rental payments, handling maintenance requests, disseminating pet information, and providing move-in and move-out assistance. Each property owner being served by Real Property Management First Choice receives a secure online account where financial statements, reports, and request forms can be accessed.

  • Collection
  • Leasing

1616 Jenny Lind Road, Fort Smith, AR 72901 Rating

Review Sources

3.9 (14)
5.0 (3)

Why choose this provider?

Preferred Property Management is a locally-owned management firm that handles residential properties in Fort Smith. Its team specializes in managing single and multi-family homes as well as apartment buildings. The company's list of services includes tenant screening, regular inspection, rent collection, and maintenance coordination. The firm also provides full eviction services. Preferred Property Management prioritizes quality customer service and total client satisfaction. It operates based on the principles of hard work, integrity, open communication, and trust and responsiveness.

  • Collection
  • Tenant Screening

Compare our Top Property Management Companies

NameExpertise RatingAddressPromotionsLearn more
Asset Management of Fort Smith
1206 Fort St, Barling, AR 72923
Real Property Management First Choice Fort Smith
1401 S Waldron Road Suite 200, Fort Smith, AR 72903
Preferred Property Management
1616 Jenny Lind Road, Fort Smith, AR 72901


  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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