Property Management Services
in Seattle, WA
Seattle property management simplified.
Expert tenant placement, maintenance, and more.
Property Advertising
Reach more potential tenants with our targeted marketing campaigns and professional property listings.
Comprehensive Tenant Screening
Ensure reliable tenants with our thorough screening process, including background checks and credit reports.
Property Accounting & Reporting
Stay informed with detailed financial reports and accurate accounting of all property transactions.
Maintenance Management
Keep your property in top condition with our efficient maintenance services and reliable contractors.
Fair Housing and Property Law Compliance
Rest assured that your property management is handled in strict compliance with all fair housing and property laws.
Rent Collections and Disbursements
Enjoy hassle-free rent collection and timely distribution of funds.
We Guarantee Responsiveness
You won’t have to wait for weeks to hear back from us when you have a question. You won’t even have to wait days. We’ll respond immediately, and if we can’t solve the problem right away, we’ll let you know how we plan to.
We Guarantee Responsiveness
Our partnership is important to us, and we want you always to be satisfied with the work we’re doing for you. If something goes wrong and we can’t fix it, we won’t force you to stay with us through complicated cancellation clauses. You can cancel our management agreement at any time.
We Guarantee Our Tenants
If a tenant we place stops paying rent or moves out before the end of your lease term, we won’t charge you a leasing fee to find a replacement tenant.
Property Management Services
in Seattle You Can Trust
South Lake Associates is a premier real estate brokerage specializing in property management services. With over 30 years of experience, we are recognized as a leader in the Greater Seattle area. Our commitment to integrity and ethical business practices sets us apart.
We leverage technology to provide efficient portals for residents, investors, and owners, ensuring seamless communication and management. Our approach emphasizes consistent principal involvement, guaranteeing unparalleled service for our clients.
We prioritize understanding your specific goals and holistic real estate financial picture, aligning your short and long-term objectives with your risk tolerance and investment timelines. Our management team offers comprehensive analysis and consulting in areas such as budget development, insurance maintenance, and capital improvements.
Our primary goal is to maximize the value of each owner’s investment through genuine client partnerships and a focus on honest, reliable customer service.
Get a Free Rental Analysis
Your Success, Our Priority
“We guarantee a successful rental experience for you and your tenants.
That’s how confident we are in the work we do. We believe in responsiveness,
accountability, and transparency.”
SOUTH LAKE ASSOCIATES
Frequently
Asked
Questions
Need more information? We’re here to help. Contact us with your property management questions.
How do you determine appropriate rental rates for properties?
We conduct a comprehensive Comparative Market Analysis (CMA) to assess current market trends and determine optimal rental rates. Additionally, we review existing leases to ensure they align with market conditions and adjust them as needed to maximize rental income.
How will you advertise my rental property?
We utilize a multi-pronged approach to maximize exposure and secure qualified tenants quickly:
- Online Presence: Your property listing will be prominently featured on our website and on popular rental platforms like Zillow, Trulia and Hotpads.
- Open Houses: Strategically planned open houses allow potential tenants to explore your property firsthand, increasing interest and filling units rapidly.
How do you screen potential tenants?
To ensure a smooth and reliable tenancy, we implement a rigorous screening process:
- Pre-Qualification: Before scheduling a property tour, we conduct a preliminary phone screening to assess potential tenants’ needs and preferences, ensuring they align with the property’s specific requirements (e.g., pet restrictions, smoking policies).
- Thorough Application Review: Interested tenants complete a Rental History Application, which is carefully reviewed and verified.
- Credit Checks: We conduct comprehensive credit checks to evaluate the tenant’s financial stability and reliability.
- Employment and Rental History Verification: We verify employment information and contact previous landlords to assess the tenant’s rental history.
What is your leasing process like?
We prioritize clear and comprehensive lease agreements. We utilize standard Rental Housing Association forms to ensure legal compliance and protect the interests of both landlords and tenants.
Before a new tenant moves in, we conduct a detailed inspection of the property to document its condition. Any existing damage will be noted and addressed as needed.
How do you handle security deposits?
Security deposits and pet deposits, as determined by the property owner, are collected and securely held in a dedicated trust account. These funds are not applied towards the last month’s rent.
When is rent due?
Rent is due on the 1st of every month. A late fee of $50 will be assessed if the rent payment is received after the 5th of the month.
How do you handle move-in and move-out inspections?
- Move-In: Upon move-in, a joint inspection is conducted with the tenant. A detailed damage report is created and attached to the lease agreement. We may also conduct additional interior inspections as needed. Regular exterior drive-by inspections are performed to monitor the property’s condition.
- Move-Out: As soon as a tenant provides notice, we begin marketing the property to find a new tenant. Once the property is vacant, a comprehensive move-out inspection is conducted. The move-out inspection report is compared to the original move-in report to assess any damages. The tenant’s security deposit is refunded, minus any deductions for damages or unpaid rent, as outlined in the lease agreement.
How do you handle property maintenance and repairs?
We prioritize timely and efficient property maintenance. We hire, oversee, and approve all work orders, utilizing a network of licensed and bonded independent contractors. If property owners have specific preferences, we can accommodate their requests.
How do you handle property payments?
We handle all financial transactions related to your rental property, including insurance premiums, utility bills, HOA fees, and maintenance costs. All payments are processed in accordance with your specific instructions.
How do you handle financial reporting and payments?
We utilize advanced accounting software to generate comprehensive monthly and annual income and expense reports, providing you with a clear financial overview of your property. You can choose to receive rental income via mail or directly deposited into your designated bank account.
Areas We Serve
Ballard
Dive into Ballard's maritime charm, explore its bustling waterfront, and savor fresh seafood at local eateries.
Wallingford
Discover Wallingford's eclectic mix of vintage shops, cozy coffeehouses, and serene parks. It's the perfect blend of old-world charm and modern convenience.
Lake City
Experience the laid-back atmosphere of Lake City, a growing neighborhood with a diverse community, lush green spaces, and easy access to outdoor activities.