brokeragePrecept Properties (Brokerage Services)

We represent both the buyer and the seller in all types of real estate transactions. Whether you are interested in the sale or lease of your apartment, searching for your first home, a couple shopping the Co-op or Condo market, an individual investor seeking a multi-family home, a corporation seeking out commercial strips or vacant land, or a syndicate selling a portfolio. We will do all that we can to facilitate your transaction as seamlessly as possible. We will guide you from the discovery of your ideal property or prospect, to securing a commitment and through to the final stages of closing.

  • Rentals and Sales
  • Residential
  • Commercial
  • Co-ops & Condominiums
  • Building Sales
  • Market & list your property
  • Assist to obtain financing
  • 1031 Exchanges
  • Registered HUD / VA Brokers
  • Comparative Market Analysis (CMA)

property managementPrecept Properties (Property Management Services)

PROPERTY MANAGEMENT SERVICES

Designed to run your property in an orderly and efficient manner.

MANAGEMENT OVERVIEW

  • The fee for Property Management is 10% of the gross income collected.
  • A one-time set up fee of $150.00. (This fee may vary, depending upon how many units you have)
  • A rental fee is NOT charged for each lease signed with a new tenant.
  • Advertising, labor and materials for work performed directly to the property and legal fees are billed to you.
  • Legal fees will be reimbursed by the tenant when collectable.

 

OUTLINE OF MANAGEMENT SERVICES

TAKING CONTROL OF THE PROPERTY:

A letter of introduction is delivered to each tenant describing my policies and procedures. Our objective is to make the transfer of management as smooth as possible and establish a good relationship with your tenants.

RENTING:

All applicants are interviewed personally after completing a Leasing Application, setting forth references, employment and credit information.We  will verify references with TRW and call on the remaining ones. We will negotiate leases and handle all collections of rent and security deposits, etc.

COLLECTION OF RENTS:

All rents are due on the 1st of the month and late on the 3rd. Three day eviction notices are issued on the 10th to non payers; and carried out to a judgment if there is no response. This procedure generally takes from 2 to 3 weeks. Collection of judgment amounts will be pursued on collectable tenants.

PROPERTY MAINTENANCE:

To protect the property and insure good tenant relations, we have a series of regular contractors and handymen to handle repairs and maintenance. Their services are generally below market value. Between $20.00 -$95.00/hour. Major jobs are put up for bid. Regular inspections are made to determine that the property is being cared for properly by the tenants. In order to get the best rents as well as the best tenants, we recommend good building and maintenance standards.

RECORD KEEPING AND STATEMENTS:

All of the income and expenses will be entered into your account and visible to all clients at any time during the month, by going into our web site with a password we will provide to you. You will be able to see monthly statements, income collected and disbursements made, with a year to date summary. We will include bills and back-up documents detailing the nature of each expenditure. Mortgages, utilities and other overhead payments can be made directly from our office.

MANAGEMENT FEES:

Management fees are based on a percentage of the gross rental income collected. Percentages vary according to the number of units to be managed. Our proposed percentage for your real estate is 10% with a set up fee of $150.00.

Please contact us for more information

Precept Properties Inc., has trained professionals that will provide safe, trouble-free property management.

Residential

Apartments, duplexes and single family homes can be rewarding investments. Our individualized approach includes:

* Large or small residential properties
* Safe, trouble-free property management
* Tenant screening and leasing
* Regular inspections
* Timely rent collection
* Property maintenance
   Web based reports for our clients

Commercial

We will reliably protect and maintain your retail or office properties.

* Lease space
* Follow through with every task
* Constant maintenance service
* Continual upgrades
* Commercial sales
* Tenant improvements
* Amortization forecasts

Condominiums

We will protect your individual condominium investment and create a pleasant living environment.

* Economic and efficient management
* Complete accounting services
* Monthly statements, collections and budgets
* Supervise maintenance, repairs, employees and subcontractors
* Monitor and enforce community rules and regulations
* Develop and monitor monthly and annual budgets
* Work cooperatively with your board to develop continuity in daily management

Precept Properties Inc.,  service and maintenance staff is available to you. As licensed general contractors, our own staff of experienced service personnel can do all of your property related repairs and services.

Areas of Expertise

* Plumbing, electrical, carpentry
* Professional lawn care and landscaping
* Sprinkling system service and repair
* Sidewalk, driveway and parking lot maintenance
* Snow removal
* Commercial tenant improvements
* Apartment and house renovation and refurbishing
* Interior and exterior painting
* Complete cleaning and housekeeping
* Carpet cleaning and housekeeping
* Glass repairs
* Interior decorating
* Insurance claim refurbishing

property maintenancePrecept Properties (Maintenance and Repair Services)

As Licensed General Contractors, we Maintain a Staff of Professional Maintenance Personnel.

The following prices are for LABOR only. Materials will be added including tax. There are many times that we can find better deals. This is a guideline and will allow you the security that your maintenance prices will not go over these figures.

Maintenance Services and Rates (Labor Only)
Diagnostic $35.00/hr.
Electrical Work $75.00 /hr
Plumbing $95.00/hr.
Water Heater Replacement
(time and materials - 40gal.
$760.00
Heating/Air Conditioning $75.00/hr.
Rooter Service $85.00/hr.
Sheetrock Repair $35.00/hr.
Window Installation $35.00/hr.
General Handyman $25.00 - $45.00/hr.
Professional Painting Bid
Cleaning $20.00/hour or Bid
Hauling $60.00/one ton load
Locksmith $35.00/hr.
Yard Care $25.00 or Bid
Snow Removal Bid
Roofing Bid
THE ABOVE RATES DO NOT INCLUDE EMERGENCY OR AFTER HOURS REPAIR.

Welcome to Utah's premier Property Management and Real Estate Brokerage. Precept Properties Inc. is pleased to serve the Greater Salt Lake City, Utah area. Our goal is to provide prompt and professional services to our valued clients and customers. Please feel welcome to contact us at (801) 272.8405,  or email us if you should have any questions. We look forward towards working with you and helping you achieve your real estate goals and dreams.

Marlyn Miller Owner / Broker

Precept Properties Inc. offers friendly and personalized service to our clients, taking the stress out of buying and selling property, rental management, and many other brokerage services.

We specialize in real estate services for the Salt Lake City, Utah Greater Valley and surrounding areas along the beautiful Wasatch Mountain range. If you are planning to lease, rent, purchase or sell a cottage, home, vacant land, or commercial property, we would be pleased to assist you with your real estate requirements.

Precept Properties Inc. wants to find all of our buyers the best home or cottage in their price range.

We will provide you with the highest quality of service.

We will help you to establish a price range and assist you in determining your needs and the features you desire.

Here is the process that Precept Properties Inc. will follow to sell your home:

A representative will meet with you to view and find out more about your home.

We will determine other information such as when to sell your home, the listing price of your home and we will help with other information you require in preparing to sell.

A virtual tour and digital photos will be taken inside and outside.

Because of our aggressive marketing, and our local market knowledge, rental properties that we manage rent out on average within 3 weeks or less.

Full tenant applications including: criminal background checks, credit checks, income verification, previous landlord checks. We have found through years of experience that a little extra work during the application process will eliminate 99% of your tenant problems during their lease.

Precept Properties Inc. is dedicated to serving all of our clientel. Tenants and Landlords alike. With 35 years experience we know both sides of the story and will work towards the best outcomes for all involved parties.

As a registered Tenant / User you can set up an online account with us to schedule maintenace, pay rent, address tenancy issues. With our new Tenant / User interfaces we strive to make your property occupancy as easy and comfortable as possible.

Real Estate and Property Management Service Areas:  Salt Lake Valley including Holladay, Sugarhouse, Cottonwood Heights and Davis county areas.