Far West Realty - Rentals and Propery Management in Prescott
 

Yes, we do it all- Real Estate and Property Management

In an effort to address questions I’ve had over the past year, I’d like to give you a taste of what full service property management in Prescott Arizona looks like and how Far West Realty earns our modest fees. So, here it goes:
Far West Realty does it all when it comes to property management in Prescott.

  • We find high quality tenants via our extensive online marketing program.  Our advertising is exclusively online, and is included in the basic fees we charge.  It is so effective, that we typically begin receiving phone calls and/or emails the very same day the ads are posted.
  • It does our clients no good for us to advertise properties for rent or lease, receive dozens of calls, show the property to them all, and then lease the place to a bad tenant who won’t pay the rent, and won’t take care of the property.  So, once we start receiving applications from prospective tenants, we process each one through a stringent credit, rental history, and general background check, which includes a criminal history screening, and speaking directly to past landlords.  We tell all our applicants that our application process is not a “first come, first served” process.  Instead, we emphasize, that it is a question of finding the very best-qualified tenants we can.  So, we often process several applications at a time on any given property.  We always try to look at the “big picture”, which ideally would be made up of not only a very good credit score, but also a very low debt-to-income ratio, as well an excellent rental history, as attested to by very satisfied previous landlords at least five years back.
  • Once we have found the very best applicant, we approve them and sign a lease agreement with him or her, and put them in the property.  We always do move-in walk throughs with each new tenant and verify current property condition photographically, using the state-of-the-art rental inspection application on our Ipads, which automatically embeds the documentation photographs we take, right in the written reports we create.  This way we assure that both we and the tenants are “on the same page” at move-out, as to what shape the property was in when they moved in, and there’s never any question or doubt as to who is responsible for what.
  • We collect rent monthly, based on the instructions received by the property owner, and incorporated in the lease we signed with the tenant.  We then process a monthly income and expense statement for each owner, and forward it to them each month, along with their proceeds, either electronically, or by U.S. mail, whichever is preferred.
  • We field the maintenance calls and handle all minor to moderate repairs via our list of independent, previously vetted, licensed and insured experts, according to the instructions we receive from each client when they hire us.  This is another of those “headaches” we deflect for our clients, and in the process, keep their properties in good order, and their tenants happy.  Then, we pay the expenses for our clients, either from rent proceeds or other funding they provide, whichever is most convenient for them.
  • And then, about every 3 months, we personally perform, by appointment, an interior and exterior walk-through inspection, of each property, to verify that it is in good condition and not being abused in any way.  This also allows us to catch any maintenance that the tenant may not have noticed was needed, and have that done as well.  Our tenants all initial the clause in their lease agreements acknowledging and agreeing to this quarterly walk-through, so it’s expected by all of them, right up front, and comes as no surprise.
  • We handle and resolve tenant complaints and disputes to the best of our ability, again shielding our clients from headaches that can result from owning rental investment property.
  • We also personally conduct move-out walk-throughs when a lease is terminated, holding the tenant responsible for any damage done, and handle the processing of the legally required notices and refunds to them as warranted.
  • Then, at the end of each year, we provide each client an annual operating statement on each property we manage for him or her, as well as the required 1099 form each will need for tax filings for that year.


There is actually much more that we do for each of our clients, probably much too much to cover in a single post.  The most important thing we do, however, is to keep our clients’ interests ahead of all others, (including our own), at all times.  In this way, we provide and promote peace of mind and profitability for each property of each client.

If we’ve peaked your interest, or aroused your curiosity about what Far West Realty in Prescott can do for you in managing your rental investment property, even just a little, Call Dave at Far West Realty at 928-772-9400.

 

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Review:
"We have very much enjoyed our apartment as renters with Far West Realty for several years now, and are happily satisfied in our dealings with Dave Hamill and his staff...." read more
- Tammy and Jim
 
Review:
"Working with Far West has been a pleasure. Dave and his office were responsive to questions and needs throughout my three years leasing from them. ..." read more
- Jim Bogner
 
Review:
"Dave Hamill at Far West Realty was my property manager on a single family house for several years. As an out-of-state owner, I relied on Dave for everything: tenant..." read more
- Kent
 
Review:
"I have been using Far West to manage my rental in Prescott Valley for approximately 7 years. I live out of the area know that things are being taken care..." read more
- Korina Elliott
 
Review:
"Dave Hamill and his team at Far West Realty have managed our property in Prescott Valley for the past five years. It has been an all around pleasant and worry..." read more
- Terry & Carol Bourque
 
Review:
"Dave Hamill and his team at Far West Realty have managed our property in Prescott Valley for the past five years. It has been an all around pleasant and worry..." read more
- Terry and Carol Bourque
 
Review:
"Dave, Re: Our Experience with Far West Realty We have had an excellent experience with David Hamill and his staff at Far West Realty. The goals of the owners and..." read more
- Ken & Diana Turner
 
Review:
"We originally contracted with another Property Management house in Prescott, but they proved that they were incapable of doing even the most basic of jobs (like keeping the power turned..." read more
- David Hresko
 
Review:
"I was a commercial property manager/leasing agent for 26 years in Newport Beach and I well know that it takes some very special skills and abilities in order to manager..." read more
- Cathy M. Prescott, AZ
 
Review:
"I\'ve had Far West for my property management for several years. They take care of everything and send me a check! They schedule regular inspections so that I..." read more
- Theresa Williams
 
Review:
"I have been associated with Far West Realty since it opened. Dave has handled my properties and he is excellent. This is the third property management company I have dealt..." read more
- Jane Deleeuw
 
Review:
"Great, dependable, and honest people that meet the needs of their customers..." read more
- Alex Spence
 
Review:
"Prior to using Dave Hamill at FarWest, I went thru so many management companies. I have been with Far West for many years now! When Dave says he..." read more
- Bernadette Lafferty
 
Review:
"My wife and I have used Dave's services since we bought our property in 2011. As absentee owners, we were concerned about managing our rental property and Dave and..." read more
- Larry Blachut
 
Review:
"Best property manager in Prescott area. Dave handled all aspects of the Leasing and managing of our single family home As an out of state owner,..." read more
- Judy Rosenberg
 
Review:
"Far West Realty has been my property manager in Prescott for the last six years. Dave Hamill and his crew have done a good job for me. They..." read more
- Jim F. Austin TX
 
Review:
"David Hamill is very conscientious and professional. If you are considering Far West Realty for property management services, you will be pleased with their expertise, care, and attention.  Your financial..." read more
- Kent K. Newport Beach, CA
 
Far West Property Management 5 out of 5 based on 17 ratings.
Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars We have very much enjoyed our apartment as renters with Far West Realty for several years now, and are happily satisfied in our dealings with Dave Hamill and his staff. The very few concerns or problems we have had with our unit have always been met with real consideration and responsiveness. Further, Dave and his staff are readily accessible and always courteous. Tammy and Jim
Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars Working with Far West has been a pleasure. Dave and his office were responsive to questions and needs throughout my three years leasing from them.
Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars Dave Hamill at Far West Realty was my property manager on a single family house for several years. As an out-of-state owner, I relied on Dave for everything: tenant selection, lease negotiation, recovery when a former tenant didn't pay the last month's rent, cleaning, maintenance, marketing, managing repair work, etc. Dave and his team were always professional, courteous, competent, and just nice people. I wholeheartedly recommend them!
Far West Realty in Prescott AZ - Homes for Sale | Buy Land | Property Management
5 out of 5 stars I have been using Far West to manage my rental in Prescott Valley for approximately 7 years. I live out of the area know that things are being taken care of. I have complete faith in Dave and his team in the oversight of my property. They are thorough and very prompt in any given situation. I love the fact that I know that the house is being taken care of with TLC. You can't put a price on piece of mind and that is exactly how I benefit from using them. I would strongly recommend using Far West for your management needs. You will not be disappointed.