Expertise.com
2024

Last updated:

Best Property Management Companies in Federal Way

Our Recommended Top 12

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 Federal Way 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.

30

Reviewed

22

Curated

12

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Federal Way, WA

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Why choose this provider?

Ziprent has property management services for the residents of Federal Way. The company coordinates the repair of clients’ premises and has a network of experts who handle maintenance tasks. It has handled more than 5,500 tenant placements. The crew places listings across 20 established sites including Hotpads, Trulia, and Zumper. The property concierge team is on call 24 hours a day to swiftly reply to customer concerns. Ziprent has managed more than 3,000 units across 395 cities.

  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Federal Way, WA

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Why choose this provider?

Need help contacting a Property Management Company in Federal Way? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

202 South 348th Street, Federal Way, WA 98003

Expertise.com Rating

Review Sources

Google
4.2 (89)
Yelp
3.5 (45)
Facebook
4.6 (22)

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.

  • Marketing
  • Collection
  • Leasing

8809 Roosevelt Way NE, Seattle, WA 98115

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Review Sources

Google
4.7 (136)
Yelp
4.5 (98)
Facebook
4.9 (52)

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.

  • Tenant Screening
  • Market Vacancies

7403 Lakewood Dr., Lakewood, WA 98499

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Review Sources

Google
4.0 (5)

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.

  • Marketing

33313 1st Way S, Federal Way, WA 98023

Expertise.com Rating

Review Sources

Facebook
4.9 (60)
Google
4.0 (28)
Yelp
3.0 (11)

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.

  • Rent collection

2825 Milton Way, Milton, WA 98354

Expertise.com Rating

Review Sources

Google
4.2 (31)
Yelp
5.0 (3)

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.

  • Tenant Screening
  • Rent collection
  • Property Maintenance

33434 8th Ave S, Federal Way, WA 98003

Expertise.com Rating

Review Sources

Google
5.0 (10)
Facebook
5.0 (7)

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.

  • Tenant Screening

2115 South 56th Street, Tacoma, WA 98409

Expertise.com Rating

Review Sources

Google
4.1 (65)
Yelp
3.5 (8)
Facebook
5.0 (4)

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.

  • Maintenance
  • Leasing
  • Accounting Services

1911 SW Campus Dr, Federal Way, WA 98023

Expertise.com Rating

Review Sources

Google
3.8 (18)
Yelp
3.5 (3)

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.

  • Tenant Screening
  • Property Inspection
  • Screen new tenants

2505 S 320th St UNIT 210, Federal Way, WA 98003

Expertise.com Rating

Review Sources

Google
4.6 (129)
Yelp
4.5 (124)
Facebook
4.1 (22)

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.

  • Tenant Screening
  • Property Maintenance
  • Rent collection

2609 North Proctor Street, Tacoma, WA 98407

Expertise.com Rating

Review Sources

Google
4.3 (17)
Facebook
5.0 (2)

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.

  • Maintenance

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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