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Best Property Management Companies in Wilmington

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Advanced Realty Solutions logo
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Advanced Realty Solutions

201 S Maryland Ave, Wilmington, DE 19804
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  • Maintenance
  • Leasing

Business Description

Advanced Realty Solutions has been serving residential and commercial clients in Wilmington since 2014. It provides property management services to help owners and investors generate income and preserve the value of their real estate assets. Its managers relieve rental property owners from the burden of landlord responsibilities, such as marketing, tenant screening, rent collection, and maintenance and repair. They handle various types of properties, including condos, townhomes, single-family homes, and multi-family units. Commercial cleaning services are also available for HOAs and apartment building owners.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.7 / 5 (31)
Facebook
5.0 / 5 (1)
AKA Homes 4 U logo
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AKA Homes 4 U

623 West 4th Street, Wilmington, DE 19801
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  • Maintenance
  • Marketing

Business Description

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.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
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All County Delaware Valley Property Management logo
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All County Delaware Valley Property Management

13 Marchwood Rd, Exton, PA 19341
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  • Collection

Business Description

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.

Bodhi Real Estate, Ltd. logo
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Bodhi Real Estate, Ltd.

2814 East County Line Road, Ardmore, PA 19003
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  • Maintenance
  • Marketing

Business Description

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.

Del Val Realty & Property Management logo
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Del Val Realty & Property Management

49 E. Lancaster Avenue, Suite 300, Malvern, PA 19355
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  • Screen new tenants

Business Description

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.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.8
Google
4.0 / 5 (358)
Facebook
3.6 / 5 (59)
Yelp
1.5 / 5 (29)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Delaware Realty Management logo
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Delaware Realty Management

2700 Kirkwood Highway, Newark, DE 19711
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  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

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.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.9
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Harrison Properties Ltd logo
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Harrison Properties Ltd

1311 North Rodney Street, Wilmington, DE 19806
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  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Closing

Business Description

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.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Google
4.6 / 5 (60)
Yelp
3.5 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Harvey Hanna & Associates, Inc. logo
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Harvey Hanna & Associates, Inc.

405 E. Marsh Lane, Suite 1, Newport, DE 19804
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  • Property Inspection
  • Property Maintenance

Business Description

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.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
M&R Investors Property Management logo
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M&R Investors Property Management

10 Mill Park Court, Newark, DE 19713
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  • Marketing
  • Property Maintenance

Business Description

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.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Mid-Town Property Management logo
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Mid-Town Property Management

Wilmington, DE
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  • Leasing

Business Description

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.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Real Property Management Diamond logo
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Real Property Management Diamond

17527 Nassau Commons Boulevard Suite 205, Wilmington, DE 19958
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  • Community Management

Business Description

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.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
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Frequently Asked Questions

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.

How do I manage a vacation rental property?

Managing a vacation home or short-term rental requires a higher level of involvement when compared to other investment properties. Owners or managers must handle marketing, reservations, check-ins, and cleanings between stays. While a recent study by vacation rental marketplace HomeAway (now part of VRBO) reports that vacation rental income comprises about a quarter of the average rental owner’s income from investing just under 10 hours per week managing their rental, this type of hands-on involvement may not be possible for owners who live out of state or in another region. Professional property managers can assist with one or more tasks, such as cleanings and check-ins, or they can provide comprehensive management services to ensure that the property is generating revenue year-round.

Do property managers pay for repairs?

Yes and no. Property managers may pay for repairs, but the cost is generally deducted from future rent payments or a reserve fund. In most cases, landlords are responsible for maintenance costs and improvements that are needed to preserve or enhance the property’s value. Management firms do coordinate repairs, and some have their own maintenance crews. They can also provide contractor referrals and handle work orders for routine repairs, such as cleaning, painting, plumbing, and changing locks between tenants. Many firms allow tenants to submit maintenance requests online, and they should also provide monthly expense reports showing owners how their money is being spent.

Can a property manager evict a tenant?

Yes, property managers can help to orchestrate the eviction process, from preparing the initial notices to appearing in court and working with law enforcement to ensure that the tenant leaves the property. Situations that warrant eviction include non-payment of rent, lease violations, and illegal activity. Property managers can help to determine the best course of action when dealing with problem tenants.

Can a property manager sign a lease for an owner?

In most states, a property manager can sign a lease. Property owners can appoint a third party to act as a landlord by signing a contract with a management company or by giving power of attorney to a private individual. However, for the contract to be valid, the property manager must have the owner’s authorization.

Is property management worth the cost?

Property managers aren’t cheap, but they’re a worthwhile investment in many cases. Managing a rental property requires time, experience, diligence, and attention to detail. Professional property managers can assist new landlords and long-term investors who have a growing portfolio of rentals. They’re also valuable partners for individuals who work full time, live out of state, or want to enjoy the financial rewards of an investment property without added stress and anxiety.

How do I deal with a bad property management company?

Unresponsive property managers cause problems for property owners and tenants. Reputable management firms should work hard for their fees. No landlord wants to hear from their tenants that the management company isn’t doing its job or is ignoring their concerns. If the manager is skipping routine inspections, accepting bad tenants, or failing to provide monthly expense reports, it’s probably time to hire someone else. Owners should interview several candidates, compare rates, and check references to find a more qualified manager.

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