Residential Property Management Services throughout Edmonton
Since 1984, Davies Property Management has been one of the most progressive property management companies in the industry offering full property management services. We are committed to providing comprehensive and professional property management services to property owners in Edmonton and surrounding areas, ensuring peace of mind and maximizing return on investment.Our services include:
- Thorough screening of potential tenants, including background checks, credit checks, and rental history verification.
- Ensuring that only qualified and reliable tenants are placed in managed properties.
Our marketing strategy results in wide-ranging exposure to get your rental property leased quickly, including:
- Development and implementation of comprehensive marketing strategies to attract potential tenants.
- Utilization of various advertising channels, including online listings, signage, and print media, to effectively market available properties.
- 10,000 website views annually
- 3,500 new leads annually
- 1,300 showings per year
Lease Execution and Renewals
- Preparation and execution of lease agreements in compliance with local regulations and industry standards.
- Negotiation of lease renewals with existing tenants to secure favorable terms and maintain long-term occupancy.
Our lease agreement is reviewed and approved by our counsel. We operate in full compliance with the Residential Tenancies Act and Alberta Minimum Housing Standards. We execute all leases on your behalf and start our lease renewal process 90 days prior to lease expiry. Our system is designed to ensure you as the property owner do not have to be involved in any of this process - we do it all for you!
We believe that if you do not get paid - then we should not get paid either. We work to ensure you get paid on time, every time.
Our goal is to make sure you are paid each month when the property is occupied. Tenants are offered a variety of ways to pay rent - e-transfer, EFT, pre-authorized withdrawals, check, money order, in-person, etc. We offer these conveniences to help ensure that you get your money as quickly as possible each month.
- We expect that tenants pay rent by the first day of each month. Our Accounting staff tracks our tenant payments on a daily basis to ensure we are prompt to respond to non-payments or NSF payments should they occur.
- 99% of our tenants pay their rent each month. But should a tenant not pay their rent, we have fair but tight rent collection policies in place that comply with provincial law requirements.
24/7 Property Maintenance and Renovation Services
We strive to solve maintenance issues quickly and efficiently. Our maintenance staff is experienced, and dependable. We offer:
- 24/7 maintenance call center
- Upfront and transparent pricing on all renovations
- We conduct routine maintenance inspections to identify and address any issues promptly.
- Coordination of repairs and maintenance services as needed, including plumbing, electrical, HVAC, and general upkeep.
- We also have our own in house team for all property renovations and improvements to enhance property value and appeal.
Transparent Accounting and Financial Reporting
We offer 24/7, real-time data on our owner's portal. The information will ensure that you maintain control over the financial performance of your investment property. Log in anytime from anywhere to verify rent collections, lease information, expenses paid, and more.
- We provide accurate and transparent accounting of all financial transactions related to managed properties.
- Preparation and distribution of detailed financial reports, including income statements, balance sheets, and cash flow statements.
- Compliance with accounting standards and regulations to ensure financial integrity and transparency.
Tenant Relations and Customer Service
- Responsive and professional communication with tenants to address inquiries, concerns, and maintenance requests promptly.
- Providing exceptional customer service to foster positive tenant relations and enhance tenant satisfaction.
- Ensuring compliance with all relevant landlord-tenant laws, regulations, and industry best practices.
- Staying informed about changes in legislation and implementing necessary adjustments to property management practices accordingly.
Emergency Response and Disaster Management
- 24/7 availability for emergency response to address urgent maintenance issues or tenant emergencies.
- Implementation of disaster management protocols to mitigate risks and ensure the safety and security of managed properties.
- Regular property inspections to assess property condition and identify any maintenance or safety concerns.
- Detailed inspection reports provided to property owners to keep them informed about the status of their properties.
- Selection, supervision, and coordination of qualified vendors and contractors for property maintenance, repairs, and renovations.
- Negotiation of competitive pricing and terms to ensure cost-effective solutions for property maintenance needs.
Tenant Eviction Proceedings (if necessary)
- Handling eviction proceedings in compliance with legal requirements and industry standards, if necessary, to address tenant non-compliance or lease violations.