Expertise.com

Best Property Management Companies in Federal Way

2024

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Providers

Last updated:

Website
202 South 348th Street, Federal Way, WA 98003
  • Marketing
  • Collection
  • Leasing
  • Tenant Screening
  • Property Inspection

Why choose this provider?

Headquartered in Federal Way, RentLucky creates management solutions for property owners. The firm's property managers suggest rental rates, take photos of vacant properties, and publish online listings on rental sites. Once applications are received, tenants are screened by the company's CEO and owner. Electronic services are provided using online portals for tenants and owners, including rental payment collection. RentLucky has a maintenance department that takes care of repair requests and a 24/7 hotline for emergency repairs.

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
4.2 / 5 (89)
Yelp
3.5 / 5 (45)
Facebook
4.6 / 5 (22)

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

Website
7403 Lakewood Dr., Lakewood, WA 98499
  • Marketing

Why choose this provider?

TS Property Management is a property management company near Federal Way. It manages residential properties for rent, providing a wide range of services including marketing, advertising, and tenant screening. Its property managers draft leases and process lease renewals and negotiations. Rent collection, property maintenance and repair, and tenant management are also handled. Additionally, they offer bookkeeping services complete with monthly, quarterly, and annual reports. The business manages single-family homes, apartment units, and multi-family buildings.

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 (5)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
8809 Roosevelt Way NE, Seattle, WA 98115
  • Tenant Screening
  • Market Vacancies

Why choose this provider?

Maple Leaf Real Estate handles property management services for its clients based in Federal Way. Dedicated to easing their client's worries through their service, the company manages residential and commercial investments by highlighting the property's values through marketing, overseeing the screening, selection, and leasing of potential tenants, and conducting regular maintenance and inspections. It also offers access to software programs that help property managers, tenants, and owners oversee the whole rental process at their most convenient time.

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 (136)
Yelp
4.5 / 5 (98)
Facebook
4.9 / 5 (52)

Website
1911 SW Campus Dr, Federal Way, WA 98023
  • Tenant Screening
  • Property Inspection
  • Screen new tenants
  • Market Vacancies
  • Property Maintenance

Why choose this provider?

Sensible Home Management is a property management company offering its services to homeowners and real estate investors in Federal Way. Led by John Abolofia and Melissa Blue, the company provides all-inclusive property management services, including marketing and advertising, property inspections, tenant screening, lease and move-in management, property maintenance, and owner reporting. Emphasizing the value of understanding clients and their needs, the company employs separate online portals for owners and tenants to keep track of property transactions.

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
3.8 / 5 (18)
Yelp
3.5 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
33434 8th Ave S, Federal Way, WA 98003
  • Tenant Screening

Why choose this provider?

Orange Door Property Management assists first-time landlords and seasoned investors in Federal Way. To help clients throughout the rental process, its managers educate investors on their management process and help them set realistic expectations. With over 10 years of experience, they take charge of handling multi-media marketing, full tenant referencing, and key holding services. Team member Briana Schiavone is an avid investor herself who uses her real estate and marketing experience in securing qualified 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.
5.0
Google
5.0 / 5 (10)
Facebook
5.0 / 5 (7)

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

Website
2505 S 320th St UNIT 210, Federal Way, WA 98003
  • Tenant Screening
  • Property Maintenance
  • Rent collection

Why choose this provider?

Haven Property Management focuses on providing residential property management services to homeowners and investors in Federal Way. Its full-service property management services include initial consultation, property marketing, tenant screening, lease negotiation, and tenant turnover. The company is equipped with property management and accounting software. It also has rental properties and offers lease-only services for landlords who need help filling their property vacancies. Haven Property Management is a member of 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.
4.5
Google
4.6 / 5 (129)
Yelp
4.5 / 5 (124)
Facebook
4.1 / 5 (22)

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

Website
2825 Milton Way, Milton, WA 98354
  • Tenant Screening
  • Rent collection
  • Property Maintenance
  • Market Vacancies

Why choose this provider?

Steady Property Management serves homeowners, landlords, and investors in Federal Way and the surrounding areas. It manages more than 300 single-family homes, condominiums, apartments, and townhouses. Its team of professionals markets owners' properties, manages tenant inquiries, performs background and credit investigations, collects rental payments, handles tenant excuses, and coordinates evictions. Steve Williams, the owner of the company, served as president of Pierce County Chapter and obtained his Residential Management Professional® designation in 2017. Steady Property Management also offers 24/7 maintenance request assistance.

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
4.2 / 5 (31)
Yelp
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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
33313 1st Way S, Federal Way, WA 98023
  • Rent collection

Why choose this provider?

Coldwell Banker Danforth provides property management services to residential and commercial clients in Federal Way. The company handles advertising, lease creation, property showing, and tenant screening. Its management services include vendor coordination, rent collection, and regular reporting. Established in 1993, Coldwell Banker Danforth is a privately held company that enlists the expertise of 40 brokers to manage clients' properties, serving both property owners and tenants. It employs accounting and management systems in performing property management services.

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.
4.4
Facebook
4.9 / 5 (60)
Google
4.0 / 5 (28)
Yelp
3.0 / 5 (11)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
2609 North Proctor Street, Tacoma, WA 98407
  • Maintenance

Why choose this provider?

North Point Property Services Group is a property management company near Federal Way. Its property managers strive to understand current trends in the market to promote rental properties. Vacancies are advertised on the company's website, with high-quality photos and detailed descriptions. The company also provides an accessible owner portal where clients can access important financial information about their properties. North Point Property Services Group has also developed a property protection program for landlords and investors.

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.
4.4
Google
4.3 / 5 (17)
Facebook
5.0 / 5 (2)

Website
2115 South 56th Street, Tacoma, WA 98409
  • Maintenance
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection

Why choose this provider?

The property managers at Spinnaker Property Management can handle single-family, duplex, multiplex, and apartment rental properties. Based in Federal Way, it can supervise various aspects of a rental property's operations. The company's team of professionals can prepare lease agreements and rental applications. They also stay up-to-date on any changes in the market that might affect rental prices and vacancies. In-house technicians and experts perform maintenance service and repairs, so owners don't have to worry about the security of their properties.

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.
4.1
Google
4.1 / 5 (65)
Yelp
3.5 / 5 (8)
Facebook
5.0 / 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

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.

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