Why Choose Barker Realty?
"We're large enough to get the job done... but small enough to care!"
We have specialized in managing properties in Wake County for over two and a half decades. With a portfolio of over 600 properties, ranging from single family homes to multi-unit complexes, we are EXPERIENCED and KNOWLEDGEABLE about the business, the market, and current trends. However, our business model is based on SERVICE and designed so that the personal relationship and "small business" feel are not lost in the process.
Please take a moment to read below about the way we do business and why that matters to you...
In business since 1984
We are not new to the area nor to the business. A company can learn a lot in 25 years of doing the same thing right. Yet, we're always striving to get better. Our time in the Triangle allows us to foresee market trends, react accordingly and keep your property rented. From job announcements to city laws to fines, fees and zoning regulations, we work hard to stay on top of what impacts our property owners.
Property Management is Our Specialty
By focusing specifically on the Property Management side of the real estate business we are able to provide you with undivided attention and service as it pertains to renting out your investment property. This is who we are. This is what we do. This is what we love.
Yet we are a Full-Service Company for your Real Estate Needs
Our specialty focus on Property Management does not hinder us from serving you to the fullest extent. We draw experience from the combined expertise of a unique family of established Barker real estate companies, including property maintenance experts, commercial and residential construction professionals, renovation specialists, and even personal storage. To meet our affiliated companies, click here.
We manage Properties only in Wake County
We know our limits and they are drawn by the Wake County line. To be most effective for you, we have limited our area of management. Wake County is one of the fastest growing counties in the nation and requires an experienced and focused property management partner to navigate the unique trends and changes of the region. Our boundaries are to your benefit!
We Get the Monthly Rent
Rent is due on the 1st, Late Fees are charged after midnight on the 6th, and Eviction procedures begin on the 11th. We understand that on occasion anyone is subject to hard times. However, this does not mean you, the owner, shouldn't get your rent. We will work with tenants to set up a payment plan, but the bottom line is rent is due and if it is not paid, they will not stay!
We Have a Tough (and Enforcable) Lease
Barker Realty's lease is one of the toughest in the greater Raleigh area. Developed over the last 25 years of managing properties, it addresses many of the "gotchas" and unique issues relating to leasing enforcement that we have encountered. The lease is constantly reviewed by our legal counsel and updated, allowing us to keep one step ahead of the issues. We have been highly successful in enforcing this lease!
We Keep Your Investment Property Maintained
In 1995, a separate company was established to offer services for property maintenance. The intent was, and still remains, to better serve our owners and tenants by providing quality and quick service at an affordable cost. The service is available 24 hours a day, seven days a week.
The company is a separate entity, apart from Barker Realty, but reports directly to the Director of Property Management. Property Maintenance Company, also referred to as PMC, has a dedicated and experienced team of professionals that offer general hands-on construction knowledge. PMC interacts with Barker Realty as a contractor, offering repair services as directed by the property managers.
PMC has the ability to fix minor plumbing, small carpentry assignments, etc., under the direction of the Property Maintenance Manager and his assistant. PMC also uses independent contractors who give us reduced rates due to increased volume to handle major plumbing, electrical, painting, carpet and general repair needs. Property Maintenance Company offers quarterly filter changes, semi-annual gutter cleaning, and annual under-house inspections. All of these services give us opportunities to evaluate your property at multiple times during the year to stay on top of repairs that are needed.
Our Staff Structure
As our Mission states, "Our people make the difference through personal attention and exemplary service." We pride ourselves in having a staff member personally answering your calls. You will have your own personal Property Manager to oversee your property. You will be paired with a specialized manager strategically chosen for you based on their knowledge and expertise of your property location and type.
We Obtain Quality Tenants
Our tenant qualification process includes:
Tenants must make 3x the monthly rent on the property in order to qualify. All tenants must place a security deposit equal to one-month's rent with us prior to move in. If an applicant is new to the rental or employment market, has credit issues, or does not meet the income qualification, a co-signer or double security deposit may be required. All full-time students are required to have co-signers on their account. Due to these processes, our tenant default rate is very low.
We Know the Rental Market
We keep up with the going rates in all areas that we manage. Due to the nature of the cyclical and ever fluctuating market, we are constantly testing the market to stay aware of the highest rent a quality tenant will pay. Of course the art is to find the highest rent that will obtain the best tenant in the least amount of time. We strive to obtain the highest possible rents within the market and will keep you informed and educated on the "whats" and "whys" of the data as it pertains to your investment.
We Provide Complete Management Reports
We use the most widely accepted property management software in the world today, Yardi Genesis Software. Your rent, less any repairs and management fee, will be processed and mailed with the monthly statements on the 25th of each month. Included with your statement will be copies of all paid invoices and charges to your account so you always know the status of your property. Each statement shows monthly and year to date income and expenses so when tax time arrives, you are ready.
If you would like more information, please contact us and we will mail you our complete property management package without obligation.
Contact: Cindy Minion