Management Services
When choosing a management company, please
consider the following:
1. Hours of operation - Ogburn Properties is open Monday
through Friday from 8:30am to 5:30pm.
2. Location and Parking - Ogburn Properties is located
conveniently between downtown Winston-Salem/ West End and
Baptist Hospital/Ardmore with plenty of front door parking.
3. Designations, Education, and Trade Association Activities
- Ogburn Properties is a member of the National Association
of Realtors and it's principle holds the CCIM, CPM, CRS, CRB,
and GRI designations. Sam C. Ogburn, Jr. is a licensed building
contractor and previously licensed Real Estate Appraiser.
In 1990 Sam Ogburn, Jr. was the president of the Winston-Salem
Regional Association of Realtors..
4. Innovative Marketing - Ogburn Properties uses the
Internet, a photo rentlist, and outdoor signage as marketing
tools.We proudly display photos of all our properties both
on our website and in our office in our photo rentlist
5. Vendor Relationships - Ogburn Properties takes pride
in having long-term relationships with quality vendors
Ogburn Properties is a full service property management
firm with more than 30 years of combined experience. Our knowledgeable
and professional staff will ensure that you and your property
are taken care of properly. Additionally, we have a Certified
Property Manager on staff.
The CPM (Certified Property Manager) designation is
awarded by the Institute of Real Estate Management (IREM)
of the National Association of Realtors ® to professional
managers who have distinguished themselves in the areas of
experience, education, and ethical conduct. Holders of the
CPM designation can best be classed as "versatile specialists".
CPMs have the competitive edge in every area of real estate
management from residential to commercial to industrial. They
are trained to professionally handle the full range of management
tasks from completing a feasibility study to supervising a
property change of use. Their skills encompass the asset management,
administrative, legal, social, economic, and physical areas
essential to professional performance. CPM members are practiced
in the art of combining day-to-day property management with
the broader asset management consideration to achieve your
property's financial goals.
Property Management Services Available:
Evaluating
the rentability of a property
Establishing
rents, security deposits, and other applicable fees
Marketing
and advertising the property for rent
Arranging
for prospects to view available properties
Screening
prospective residents by obtaining the following: credit report,
criminal report, civil records, employment
verification, income verification and previous rental reference
Preparing
and executing leases
Collecting
rents, deposits, and other fees
Enforcing
lease provisions
Arranging
for timely cost effective preventative maintenance and repairs
Payment
of selected expenses for the property
24-hour
answering service for emergency repairs
Maintaining
records of income and expenses
Disbursing
income to owners
Inspecting
the property periodically
Budget forecasting
Serving
as owner's agent in dealing with residents and various service
providers
Recommending
improvements to the property that enhance its value, decrease
marketing time, and increase rental rate
Monthly
computer generated statements showing income, expenses by
type, and occupancy
Custom accounting
and occupancy reports at owner's request
Detailed
annual operating statement
Errors and
Omissions insured
Our fees are based on a percentage of rent collected.
They vary depending on the services requested by owner as
well as other factors such as, property type, condition, and
marketability.
Advertising is typically handled through the Winston-Salem
Journal, Internet, and signage.
Screening includes application, income and rental
verification, credit report, police report, and civil report.
Rental contracts are executed on behalf of the owner.
We use a residential lease that has been approved by the North
Carolina Association of Realtors and North Carolina Bar Association.
We also add our own addendums as we see fit.
Appointments are made with a Property Manager to sign
the lease. We have found that this reduces misunderstandings
and eliminates many potential problems. This gives us a chance
to answer any questions and to carefully explain the tenant's
responsibilities as well as our company policies and procedures.
Accounting is handled through a Property Management
software system from which we will provide you a detailed
monthly rental statement as well as an annual detailed statement.
If you are interested in having Ogburn Properties manage
your property or properties, please contact Sam Ogburn,
Jr., CPM, at 336-748-0700.