Frequently Asked Questions
Property Management, British Columbia.
Elevate Real Estate Management FAQ
How does Elevate Real Estate Management work?
Elevate is a Property Management Company that gives you a dedicated and local full-service team that sets you up for success from the get-go.
Property Onboarding: Property owners or real estate investors sign up with Elevate Real Estate Management to manage their properties. During onboarding, they provide details about the property, such as location, size, features, and rental history.
Rent Setting and Marketing: Elevate Real Estate Management helps set the appropriate rental rates for the property based on market analysis and local trends. They then market the property to attract potential tenants through various channels, such as online listings, social media, and traditional advertising.
Tenant Screening and Selection: Potential tenants interested in renting the property go through a screening process. This typically includes background checks, credit checks, rental history verification, and income assessment to ensure they are qualified and reliable renters.
Lease Signing and Move-in: Once suitable tenants are selected, Elevate Real Estate Management handles the lease agreements and ensures all legal requirements are met. They assist tenants with the move-in process and address any questions or concerns they may have.
Rent Collection: The property management company handles rent collection from tenants on behalf of the property owner. They usually offer various payment options to make it convenient for tenants to pay their rent.
Property Maintenance: Elevate Real Estate Management takes care of routine property maintenance and repairs as needed. They coordinate with contractors and service providers to address any issues reported by tenants and conduct regular inspections to ensure the property is well-maintained.
Tenant Relations and Support: The property management company serves as the point of contact for tenants, addressing their inquiries, concerns, and maintenance requests promptly and professionally.
Financial Reporting: Regular financial statements and reports are provided to property owners, detailing income, expenses, and any necessary financial information related to the property.
Legal Compliance: Elevate Real Estate Management ensures that the property adheres to all relevant housing laws and regulations, including tenant rights and fair housing practices.
Vacancy Management: In case of tenant turnover, the property management company handles the process of finding new tenants promptly to minimize vacancies.
Whether you own a single-family home, a multi-unit building, or a commercial property, Elevate Real Estate Management is here to simplify your property ownership experience.
Let us handle the day-to-day operations while you enjoy the benefits of owning a hassle-free investment property.
How do I get started?
To get started with Elevate Real Estate Management, click the button below and fill in your details. One of our dedicated property specialists will get in touch with you soon to go through the process and see if your property is a good fit.
What are your management fees?
Elevate Real Estate Management's comprehensive property management service includes one straightforward management fee with no hidden costs and no paying multiple vendors. Your management fee is determined by various factors, including property type, property size and location. The best part? We make money when you make money, which keeps us 100% focused on maximizing your investment.
Why choose Elevate Real Estate Management?
Experience and Expertise: Elevate has a proven track record and experience in managing all types of properties. Their experience enables them to have a better understanding of the local market and the specific challenges that may arise.
Range of Services: Elevate Real Estate Management offers a comprehensive range of services, including property marketing, tenant screening, rent collection, maintenance, and financial reporting. Having access to all these services under one roof will make your property management experience that much more efficient.
Tenant Satisfaction: Elevate prioritizes tenant satisfaction, resulting in longer-term tenants, reduced vacancies, and a positive reputation in the community.
Transparency and Communication: Elevate Real Estate Management maintains transparent communication with property owners. Regular updates and accessible reporting on property performance ensure that you stay informed about your investment.
Legal Compliance: Elevates experienced property management team has a thorough understanding of local landlord-tenant laws and regulations to ensure your property remains in compliance.
Maintenance and Repairs: Elevates in-house maintenance team provides the ability to promptly address maintenance requests and conduct regular property inspections. This is crucial for maintaining the value and appeal of your investment.
Fees and Costs: Elevate Real Estate Management's straightforward property management fee provides peace of mind knowing that you are receiving a comprehensive service with no additional hidden costs or fees.
Reputation and Reviews: Elevates online reviews and testimonials are a true reflection of their outstanding services, dedicated local team and customer satisfaction.
Technology and Innovation: Elevate Real Estate Management utilizes technology and innovative tools, offering more efficient processes and better services to both property owners and tenants.
Local Market Knowledge: As a local leader in the property management industry, Elevates strong local market knowledge can provide insights into pricing, demand, and other factors that may impact your property's performance.
Before making a decision, consider speaking directly with one of Elevate Real Estate Management's representatives to address any specific concerns or questions you may have.
What is full-service property management?
Full-service property management refers to a comprehensive approach where a property management company handles all aspects of managing a rental property on behalf of the property owner. This type of service is ideal for property owners who want to be more hands-off and delegate all property-related responsibilities to a professional management company. Full-service property management typically includes the following key responsibilities:
Tenant Screening and Placement: The property management company will advertise the property, handle inquiries from potential tenants, conduct thorough tenant screenings (including credit checks, background checks, and rental history verification), and ultimately select and place qualified tenants.
Rent Collection: The property management company will be responsible for collecting rent from tenants each month, ensuring timely payments, and handling any late payments or arrears.
Property Maintenance and Repairs: Full-service property management includes managing routine maintenance tasks, repairs, and property inspections. The property management company will coordinate with contractors and service providers to address any issues reported by tenants promptly.
Tenant Communication: The management company acts as the primary point of contact for tenants, handling inquiries, addressing concerns, and facilitating communication between the property owner and tenants.
Lease Management: The property management company will prepare and execute lease agreements, ensuring that all legal requirements are met and that the lease terms are clear and enforceable.
Financial Reporting: Property owners receive regular financial statements and reports detailing income, expenses, and other relevant financial information related to the property.
Legal Compliance: The management company ensures that the property complies with all relevant housing laws and regulations, including tenant rights and fair housing practices.
Property Marketing and Vacancy Management: When a tenant vacates the property, the management company will handle the marketing and advertising of the vacancy, find new qualified tenants, and coordinate the move-in process.
Evictions (if necessary): In unfortunate cases where evictions are required, the property management company will handle the legal process in compliance with local eviction laws.
Strategic Advice: Some full-service property management companies may also offer strategic advice to property owners, such as market analysis, rental rate adjustments, and recommendations for property improvements to enhance the property's value and appeal.
By opting for full-service property management, property owners can benefit from professional expertise, save time and effort, and ensure their investment is managed efficiently. Choose Elevate Real Estate Management for its experienced team, comprehensive services, tenant satisfaction focus, transparent communication, and commitment to legal compliance. With their expertise, you can trust them to handle all aspects of property management efficiently and effectively, providing peace of mind for property owners.
What vacation rental management services does Elevate offer?
Elevate's full-service management offers everything you need for a successful vacation rental. They work tirelessly to provide stellar services to guests and excellent partnerships with their homeowners. When you work with Elevate, you receive only the best local teams providing flawless hospitality and complete marketing from A to Z.
Elevates Vacation Rental Management Services include; optimized listings on top booking sites, booking management and protection, 24/7 guest support, targeted marketing, concierge, housekeeping, and a dedicated property specialist team ensuring optimal revenue.
Why choose Elevate as your HOA partner?
Elevate has provided community association management services to strata mixed-use buildings in British Columbia for over two decades. Their experience and local professionals allow them to provide the very best property management services and solutions in town.
Elevates services are tailored to meet your association's needs and include the following:
A dedicated local team - Property manager and specialists, front desk guest support, accounting, marketing, housekeeping and maintenance. Our professional management team takes care of budgets, strategic planning, staffing, Administrative tasks, financial reporting, audits, dues collection, reserve management and More.
We're your local HOA partner that does it all, providing better care with our top management full-service offering.