Expertise.com Homepage

2024

Last updated:

Best Property Management Companies in Wilmington, DE

Our Recommended Top 10

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 Wilmington 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.

24Reviewed

18Curated

10Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

49 E. Lancaster Avenue, Suite 300, Malvern, PA 19355

Expertise.com Rating

Review Sources

Google
4.0 (358)
Facebook
3.6 (59)
Yelp
1.5 (29)

Why choose this provider?

Del Val Realty & Property Management has been serving customers in the Wilmington metro and the surrounding communities since 2006. It helps individual homeowners and real estate investors build wealth and financial security by offering property management services. Its tasks include leasing, marketing, regulation compliance, maintenance, rent collection, and financial management. Some of the property types it handles are condos, duplexes, and single- and multi-family units. The company is a member of the National Association of Realtors and the National Association of Residential Property Managers.

  • Screen new tenants

13 Marchwood Rd, Exton, PA 19341

Why choose this provider?

All County Delaware Valley Property Management is a Wilmington team of property managers with over 20 years of experience in the property management of single-family homes, apartments, townhouses, condominiums, and homeowners associations. The company's services include property evaluation, maintenance, inspection, tenant placement, and accounting and reporting of rent collection. The property managers can help manage tenant relationships by offering lease enforcement services and coordinating evictions. All County also offers marketing services to help property owners with multi-channel property listings.

  • Collection

17527 Nassau Commons Boulevard Suite 205, Wilmington, DE 19958

Expertise.com Rating

Review Sources

Google
4.7 (18)
Facebook
5.0 (6)

Why choose this provider?

Real Property Management Diamond serves investors in and around the Wilmington area. It oversees different types of residential properties, including single-family homes and apartment complexes. The agency offers full-service management, which covers advertising properties on rental sites, setting monthly rental rates, screening tenants, and preparing lease agreements. It also takes care of rent collection, accounting, property inspection, and eviction protection. Nancy and Mort Mikkelsen established the agency after 15 years of working in the real estate industry as investors, property managers, and owners.

  • Community Management

10 Mill Park Court, Newark, DE 19713

Expertise.com Rating

Why choose this provider?

Located in Newark, M&R Investors Property Management serves clients throughout the Wilmington metro and close-by communities. It helps owners of townhomes, apartments, and houses through rent collection, unit maintenance, and lease management solutions. The company maintains a team of handymen to work on repair jobs and take emergency calls. It manages living accommodations and commercial properties primarily in the downtown Newark metro and near the University of Delaware. The company is a family-owned and locally operated business.

  • Marketing
  • Property Maintenance

2814 East County Line Road, Ardmore, PA 19003

Expertise.com Rating

Review Sources

Yelp
3.0 (7)
Facebook
2.0 (2)

Why choose this provider?

Bodhi Real Estate, Ltd. is a company of property managers near Wilmington. The team focuses on providing timely property management and maintenance services to its clients. The firm also handles property construction projects. Its expertise in this area can benefit property owners and real estate investors since in-house property maintenance and construction services help reduce their property expenses. Bodhi Real Estate, Ltd. also provides an option for property residents to pay their rents online.

  • Maintenance
  • Marketing

405 E. Marsh Lane, Suite 1, Newport, DE 19804

Expertise.com Rating

Review Sources

Google
4.0 (6)

Why choose this provider?

Harvey Hanna & Associates, Inc., provides property management services to residents of Wilmington and the surrounding areas. It handles various aspects of property management, including renovations, repairs, upgrades, and continuous improvements. The company was founded in 1998 and has built and managed retail centers, business campuses, and industrial parks. It serves a variety of clients, such as corporate offices and manufacturing companies. The firm's chairman and CEO, Thomas Harvey, had owned and managed waste management companies for more than 25 years prior to building the company.

  • Property Inspection
  • Property Maintenance

2700 Kirkwood Highway, Newark, DE 19711

Expertise.com Rating

Review Sources

Google
3.8 (10)
Facebook
5.0 (1)

Why choose this provider?

Delaware Realty Management is a women-owned and women-operated agency that represents residential property owners, investors, and tenants throughout the Wilmington metro. For more than 30 years, the firm has been helping clients handle their houses through a wide variety of property management services, such as online rent collection, property advertising, overseeing maintenance coordination and lease enforcement, tenant selection, and monthly accounting reports. Its tenant screening process involves eviction, rental, and credit history checks. Delaware Realty Management also offers 24/7 response to emergency maintenance requests.

  • Leasing
  • Accounting Services
  • Tenant Screening

Wilmington, DE

Expertise.com Rating

Review Sources

Google
5.0 (2)

Why choose this provider?

Mid-Town Property Management offers homeowners and lessors in Wilmington a variety of services. These include rent-related solutions like the collection of lease payments and the tracking of expenses. The team tackles the maintenance and upkeep of real estate assets by carrying out routine site inspections and scheduling improvements. The crew also administers the placement of tenants and the eviction of delinquent occupants. The firm offers tools to let clients track their rental assets and management concerns through internet or phone channels.

  • Leasing

623 West 4th Street, Wilmington, DE 19801

Expertise.com Rating

Why choose this provider?

AKA Homes 4 U is a real estate management company offering property management services in Wilmington. AKA provides owner and tenant services and has served single and multifamily property owners in Delaware since 1987. Tenant services include preparation for leasing with services like repairing, cleaning, and painting of a property after the tenant has moved out. The company helps property owners with goals to minimize vacancy periods and maximize cash flow by overseeing processes like tenant screening and property management.

  • Maintenance
  • Marketing

1311 North Rodney Street, Wilmington, DE 19806

Expertise.com Rating

Review Sources

Google
4.6 (60)
Yelp
3.5 (4)

Why choose this provider?

Harrison Properties Ltd is a property management company serving clients in Wilmington. The company was established by Jan and Bob Harrison in 1990 and offers property management services to ensure property owners optimize the value of their investments. Its property management services include collecting monthly rents, conducting move-out inspections, coordinating repairs and routine maintenance, and preparing detailed monthly financial statements. It also offers tenant placement services which include marketing the property, assigning licensed real estate agents, and processing applications.

  • Collection
  • Leasing
  • Accounting Services

Compare our Top Property Management Companies

NameExpertise RatingAddressPromotionsLearn more
Del Val Realty & Property Management
49 E. Lancaster Avenue, Suite 300, Malvern, PA 19355
All County Delaware Valley Property Management
13 Marchwood Rd, Exton, PA 19341
Real Property Management Diamond
17527 Nassau Commons Boulevard Suite 205, Wilmington, DE 19958
M&R Investors Property Management
10 Mill Park Court, Newark, DE 19713
Bodhi Real Estate, Ltd.
2814 East County Line Road, Ardmore, PA 19003
Harvey Hanna & Associates, Inc.
405 E. Marsh Lane, Suite 1, Newport, DE 19804
Delaware Realty Management
2700 Kirkwood Highway, Newark, DE 19711
Mid-Town Property Management
Wilmington, DE
AKA Homes 4 U
623 West 4th Street, Wilmington, DE 19801
Harrison Properties Ltd
1311 North Rodney Street, Wilmington, DE 19806

FAQs

  • 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.

Related Articles

FeaturedHTH-propertymanagement hero

How To Hire A Property Management Company

Ask these questions and look for these key certifications before hiring a property management company to handle maintenance, ...