Seattle's Property Management

SPM focuses on managing rental homes and small multiplexes throughout King and Snohomish counties, combining the strength and resources of a larger firm with a local, personal level of service.

Leadership

Matt Bronson – Designated Broker, Founder

• Owner of Seattle's Property Management and The Bronson Group
• Over 20 years of experience in the real estate business
• Has managed a portfolio of 300+ multifamily units and 200+ single-family homes
• Recognized industry leader with service in the National Association of Residential Property Managers (NARPM):
• 2011: Nominated Vice President
• 2012: President
• Holds the Accredited Residential Manager (ARM) designation from the Institute of Real Estate Management
• Licensed Managing Broker in Washington State

The SPM team

• The team has been built to emphasize professionalism, diversity and a sense of humor.
• Their foremost priority is providing valued clients with top-quality service.
• As a mid-sized property management company, clients enjoy the capabilities of a large firm with a local feel.

Local roots

• Matt was raised in the Magnolia neighborhood of Seattle.
• He received his Bachelor's degree from Northeastern University in Boston.
• He currently resides in Lake Forest Park with his family.

For more information about the company or to discuss your property management needs, contact Seattle's Property Management at 206.856.6000 or Sales@SeattlesPropertyManagement.com.

We manage:

• Single-family homes
• Condos and townhomes
• Small apartment communities (typically under 30 units)
• Properties throughout King and Snohomish counties

What we do for owners

Our core duties as your property manager include:

• Filling vacancies
• Advertising and marketing your rental
• Handling tenant inquiries
• Processing rental applications
• Conducting background and credit investigations
• Preparing and signing leases
• Coordinating full-service repairs and maintenance
• Collecting rent and security deposits
• Providing accounting and monthly financial reporting

Marketing your rental

We use a full suite of marketing tools, including:

• Advertising on over 100 relevant rental websites
• Dynamic internet marketing using NWMLS and search engine optimization
• A mobile-friendly website so prospective tenants can easily find listings on their phones

Technology and owner portals

Seattle's Property Management uses industry-leading property management software to:

• Give owners secure online access to property information and documents
• Deliver monthly statements by email
• Issue owner payments electronically via ACH (direct deposit) when preferred
• Track and dispatch maintenance work orders efficiently

Areas we serve

Seattle's Property Management provides services in:

• Seattle
• Shoreline
• Lake Forest Park
• Edmonds
• Bothell
• Lynnwood
• Mountlake Terrace

For properties outside these areas, please contact our office to confirm whether we can assist.

Contact information

• Phone: 206.856.6000
• Email: Sales@SeattlesPropertyManagement.com

Full Management

• Fee: 75% of the first month's rent, and 9% of the monthly rent once occupied.

This service includes ongoing management, rent collection, maintenance coordination, lease renewals and full support for both you and your tenants.

Tenant-Placement-Only

• Fee: 100% of one month's rent.

This service focuses on marketing the property, screening tenants and setting up the initial lease. Ongoing day-to-day management remains with the owner.

Discounts and additional notes

• If you have multiple properties or high-end properties, a discount may be available.
• There are no minimum management fees listed.
• There is no mark-up on labor or materials for work orders.

For the most current pricing details or to discuss your specific portfolio, please contact Seattle's Property Management directly at 206.856.6000 or Sales@SeattlesPropertyManagement.com.

Licensing and real estate services

• Seattle's Property Management is a licensed real estate brokerage.
• As a full-service brokerage, they can buy, sell and list properties for clients in addition to providing property management.

Section 8 and housing vouchers

• In Seattle, owners are generally required to make properties available to Section 8 tenants if the applicant qualifies in all other areas of the background check.
• In some other cities in King County (for example, Shoreline), owners may decline Section 8 vouchers.

Communication and availability

• There is an after-hours emergency line, available 24 hours a day, 365 days a year, for both tenants and owner clients.

Owner payments and statements

• Preferred payment method is direct deposit (ACH) to your bank account.
• Paper checks can be provided if you prefer.
• You generally receive your owner funds on or around the 10th of each month (timing can vary slightly if the 10th falls on a weekend or holiday).
• Each month you have a tenant in place, you receive two reports:
• A cashflow statement
• A balance sheet
• At year-end, you receive a consolidated 1099 for tax reporting, which you can provide to your CPA.

Rent collection

Tenants have multiple options for paying rent, including:

• Online payment options
• Direct withdrawals from their bank account
• Credit card payments through the tenant portal (where available)
• A 24-hour secure office drop box
• Mailing a check

Security deposits

• The amount of the security deposit varies based on the property and its amenities.
• In general, deposits are set slightly under one full month's rent.
• If there is additional perceived risk or liability, the deposit may be increased to a level that comfortably mitigates that risk.

Types of properties managed

Seattle's Property Management typically manages:

• Single-family homes
• Duplexes
• Triplexes
• Small apartment communities (generally under 30 units)

For properties outside these categories, owners should contact the office to confirm whether management is available.

Reports and records

• Owners receive regular financial reports as noted above.
• Owner files and lease documents are organized and maintained in accordance with Washington State RCW regulations.

For any questions not answered here, owners are encouraged to contact Seattle's Property Management at 206.856.6000 or Sales@SeattlesPropertyManagement.com.

Applications

• Minimum age to apply: Anyone 18 years or older who will live in the property must submit a rental application.
• Holding a property: Seattle's Property Management cannot hold a property for someone who has not applied. Once you apply, they work quickly to process your application and respond.
• How to apply:
• Go to the Apply section of the website and follow the instructions for the specific property you are interested in, or
• Contact the office directly if you need assistance with the application process.

Security deposits

• In most cases, the security deposit is refundable.
• If any portion of a deposit is non-refundable, that will be clearly stated in the lease or listing.

Cosigners

• A cosigner may be required for applicants with poor credit or limited rental history.
• Cosigners must have excellent credit to be approved.

Paying rent

Tenants have several options to pay rent, including:

• Paying online
• Paying in person
• Paying via mail ("snail mail")

Specific online options are available through the tenant portal.

Pets

• Tenants should contact Seattle's Property Management before getting a pet.
• Some owners have allergies or restrictions and may not allow pets.
• Many homes are pet-friendly, but approval and any related fees or conditions depend on the specific property and owner.

Roommates and lease changes

• If one roommate wants to move out and another wants to stay, Seattle's Property Management will generally prepare an add/release addendum for all parties to sign.
• The remaining tenant must have sufficient income and qualifications to meet the criteria without the departing roommate.

Lease renewal and move-out

• You will usually hear from Seattle's Property Management 6–8 weeks before your lease is up for renewal.
• If you have questions about renewal or move-out before then, you can contact the office.

Repairs and maintenance responsibility

• In most cases, the property owner is responsible for repair and maintenance costs.
• If an issue is determined to be due to tenant misuse or abuse, the responsible tenant may be billed for the cost of the repair.

For any tenant questions not covered here, contact Seattle's Property Management at 206.856.6000 or Sales@SeattlesPropertyManagement.com.

Seattle's Property Management reviews four main areas of each tenant's background:

1. Credit

• Generally looks for a minimum credit score of 700.

2. Rental history

• Ideally, at least two years of positive rental history with no major issues.

3. Employment and income

• Combined gross income of the tenant(s) should be at least 3 times the monthly rent to qualify.

4. Public records search

• City, state, county and federal background searches are conducted.
• Note: Starting in February 2018, properties located within the City of Seattle are no longer subject to criminal background checks due to local legislative changes.

Security deposits

• All security deposits are held by Seattle's Property Management in a pooled, non-interest-bearing trust account that is FDIC insured.
• The bank used is located in Seattle, WA and has been in business for over 70 years (as stated on the website).

Lease preparation

• Seattle's Property Management prepares and uses a well-vetted lease agreement designed to protect both owners and tenants.
• Lease preparation is included as part of their full-service property management, and they draw up leases regularly as part of placing tenants.

For specific questions about screening criteria, deposits or lease terms for a particular property, contact Seattle's Property Management directly at 206.856.6000 or Sales@SeattlesPropertyManagement.com.

Ask anyway — the agent will say plainly that it is not published rather than guess.