What you need to know about Davies Property Management
Are you considering partnering with Davies Property Management for the management of your rental properties? If so, we have 10 numbers that will give you a glimpse into how we operate, and help you decide if we're a good fit for each other.
Percentage of rent due that we collect each month. This is due to a very tight application screening process, a time tested internal collection process, and the fact that we have a fully automated process and staff whose job is to ensure our tenants pay on-time each month.
The number of Canadian Prime Ministers that have served in office since Davies Property Management opened its doors in 1984. In 1984 John Turner was our Prime Minister and Kenny Loggins had the #1 song (Footloose!). When you hand us the keys to the front door of your property, you can feel confident knowing we're going to be here today, tomorrow, and the next day after that!
The ranking we have received since 2020 as the Consumer Choice Award in Property Management for Northern Alberta. Although we only operate in Edmonton, we are recognized throughout Northern Alberta as a leader in the property management industry.
The percentage of our tenants that renew their leases every year. This is important because turnover leads to vacancy - which is the biggest single expense you could potentially have as an owner. More lease renewals lead to less turnover, which results in fewer expenses for you!
The approximate number of rental applications we process each year. After looking at this number of credit and background reports, we know what to look for when it comes to processing Edmonton rental applications.
Although we hope to work together for many years to come, we don't believe in long-term "forced" contracts. Rather, we believe we should earn your business every single day. Should you ever find our services lacking, or we could not rent your property, you can terminate our agreement with a simple 30-day notice; and with no termination fees or penalties.
We do not believe in charging you a fee when the property is vacant. We only charge our fees from the rent we collect. If we do not collect any rent or when the property is vacant, there is no fee payable to us.
This is the average length of time our tenants reside in our rental units.
We have a dedicated team of staff that is trained to conduct a 12 point screening process on each new prospective tenants. We will screen for income, employment, credit, landlord references, collections history, pet verification and more.
Our phone lines are answered 24/7 - 365 days a year by a live person. Regardless of whether it is a quick question from an owner or an after hour emergency call, our phones are answered by a live local person. Now that is peace of mind!