Welcome to Avalon Real Estate
The Premier Residential and Commercial Property Management Company of Hampton Roads Virginia.
Residential & Commercial Property Management
Avalon Real Estate specializes in management of residential and commercial properties serving the Hampton Roads area of Virginia. We provide current and future homeowners and investors with the tools needed in managing their real estate investment. We provide owners with a sense of security knowing that their investment is being well maintained without them providing any of their valuable resources.
With a network of agents, contractors, and administrators, our professional team is committed to managing all aspects of your property. Beyond the physical elements, Avalon Real Estate is equally focused on service and ensuring the best property management experience.
Avalon Real Estate mission is to provide a win-win situation between the property owner and the Leaser. Our goal is to provide the property owner with a sense of relief knowing that their property is being maintained to their standards and the leaser is provided quality customer service. This mission has contributed to the success of our company and demonstrating integrity in every investment is our way of doing business.
Why Should You Hire Avalon Real Estate As Your Property Manager?
Local laws are complicated
Becoming a property owner and leasing a unit opens the door for many legal concerns. A property manager eats, breathes, and lives local ordinance and laws. If they don’t, they aren’t a real PM. For example, rental ordinances in the Northern Virginia Area are different than Hampton Roads VA, this holds true for many major metropolitan areas. Being a property manager is more than collecting rent and bills, and handling repairs – it includes knowing local, state and federal fair housing laws – as the rental housing industry is one of the most regulated. Oftentimes, owners come to us after they have a problem, that they tried to resolve themselves, and discovered that they have done it wrong. This happens a lot with rent control issues.
There are many hassles to the job
It is not a pleasant experience to be woken up at 2am when there is a leak or emergency.
Those are just some of the reasons why having a property manager are helpful to making your life easier.
Those are the easy issues, but there can be much bigger problems. For example, the city was repaving some of the main sewer lines in front of one of the buildings we manage. When they were replacing the lines they cut off the access to the building’s sewer line. Eventually there was 4ft. of raw sewage in the boiler room – so we dealt with the city, insurance, Hazmat, and repairs on behalf of our owner. It was more than just handling the angry residents and repairs, we also had a responsibility to clean it to code and ensure that Hazmat was brought in. It is an extreme example, but a pretty clear case where if the owner did not have a PM, they would have had to navigate all of these issues on their own.
We know the entire Hampton Roads Area
As local PMs we know trades people and companies that we have trusted for years. This gives our owners comfort knowing we will get items resolved with reputable, reliable and honest services with good prices. When we take over properties, we like to maintain any relationships that the owner has fostered with their vendors – which builds our database as well. Even in those cases we can price things accordingly and ensure that they are paying a fair rate.
We protect the investment of the owner
Because of our knowledge, we are able to budget for plumbing, locksmiths, etc. We also know how to run market comps and price the property correctly to maximize the income for the owner. Sometimes the owners completely overprice an apartment and we are able to price accordingly to the market and ensure maximum occupancy as quickly as possible.