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Best Property Management Companies in Winston Salem

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Acorn + Oak Triad logo
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License Verified:

License: C28861

North Carolina Real Estate Commission

Acorn + Oak Triad

Greensboro, NC 27435
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  • Collection
  • Tenant Screening

Business Description

Acorn + Oak Triad helps the residential property owners in Winston Salem manage their rental properties. The firm's property managers conduct rent value assessment and rental market analysis to ensure maximum client returns. They meet with owners to discuss rental details and provide suggestions to prepare homes for occupancy. In addition, they handle property marketing, coordinate property tours, and perform credit and background checks of applicants. Acorn + Oak Triad maintains an online portal for digital transactions such as rent collection.

License Verified:

License: C28861

North Carolina Real Estate Commission

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
Yelp
4.0 / 5 (78)
Facebook
4.0 / 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
Jurney & Associates, Inc. logo
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License Verified:

License: C29239

North Carolina Real Estate Commission

Jurney & Associates, Inc.

149 Pineview Drive, King, NC 27021
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  • Leasing
  • Property Inspection
  • Property Assessment

Business Description

Established in 1978, Jurney and Associates is a property management company that caters to residents in and around Winston Salem. The business helps owners and landlords market their investments for potential applicants both online and with subscribed tenants. It also processes all the paperwork for clients and applicants, from rent prices to responsibility notices. Its staff has over 40 years of real estate experience and its current president, Kelly Jurney Simmons, has been a property manager since 2009.

License Verified:

License: C29239

North Carolina Real Estate Commission

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.
4.3
Google
4.3 / 5 (12)

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
Neari & Associates logo
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Neari & Associates

322 North Spring Street, Winston-Salem, NC 27101
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  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

Neari & Associates has property managers in Winston Salem that coordinate the leasing process and act as middlemen for landlords. The company collects rent payments from tenants and deals with any conflicts involving lease agreements. It advises clients on their property values, market rental prices, and potential material improvements for their properties. It's overseen several large-scale construction projects as well. Neari & Associates also does financial reporting so that clients have access to complete information about how investments are performing.

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
Google
5.0 / 5 (3)

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
––
Open Door Real Estate logo
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Open Door Real Estate

129 Fayette Street Northwest, Winston-Salem, NC 27101
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  • Tenant Screening

Business Description

Open Door Real Estate is a property brokerage and management company, serving clients in Winston Salem and nearby areas. It helps potential buyers examine their catalog of available homes for key features like multiple beds, rooms, and front yards. The company also provides background checks of the property and examines it for any lingering issues and renovations. Open Door Real Estate also caters to sellers and landlords, helping them review applications and histories of potential tenants.

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
3.6 / 5 (37)

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
––
Piedmont Premier Property Management logo
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Piedmont Premier Property Management

280 Charlois Boulevard, Winston-Salem, NC 27103
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  • Maintenance
  • Leasing

Business Description

Piedmont Premier Property Management is a Winston-Salem-based company specializing in single-family homes, duplexes, triplexes, and multifamily houses. This full-service property management firm aims to help clients maximize their investments while giving them the peace of mind that a professional is managing their property. The services offered by Piedmont Premier Property Management include marketing the property, screening potential tenants, handling lease agreements, and collecting rent. Moreover, it supervises maintenance work on the property.

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
Victory Property Management logo
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Victory Property Management

615 St George Square Ct, Ste 300, Winston-Salem, NC 27103
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  • Maintenance

Business Description

Victory Property Management has a team of property managers in Winston Salem. The company handles various aspects of managing properties including property advertising, tenant screening, and property maintenance. The rental management firm uses a 3D home-scanning technology to provide 3D virtual walkthroughs to potential tenants. Using this technology, tenants can virtually walk through the home using their smartphones, computers, or virtual reality headsets. Victory Property Management has over a decade of experience in the housing industry.

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
Google
5.0 / 5 (31)

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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