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About VPMG
Valuations Property Management Group is a licensed property management company based in Memphis, Tennessee. The property management company is permitted to operate in Tennessee and Mississippi states. We are venturing into the property management business to help property owners find tenants, screen tenants, handle tenant-related complaints, coordinate tenant turnover, lease management, property management, financial management, stay up-to-date, and enforce landlord-tenant laws.
Here are the services we will offer:
- Facilitate property purchasing. We will guide buyers through the buying process.
- Facilitate property selling. We will guide sellers through the selling processes.
- Prepare necessary paperwork during property transactions.
- Property maintenance.
- Prepare contracts and leases.
- List the property for sale to the public.
- Provide sellers with property condition disclosure and other necessary forms.
- Prepare necessary papers describing the property for advertising, pamphlets, and open houses.
- Hold open house events to show properties.
- Serve as a contact available to answer any questions about the property and schedule showing appointments.
- Ensure tenants are pre-screened and financially qualified to rent/lease the property.
- Property management consultancy and advisory services.
Our Mission and Vision Statement
Valuations Property Management Group aims to become the preferred choice of landlords and tenants regarding property rentals in Tennessee and Mississippi. We are a company established to help tenants (people and businesses) get the apartments and properties of their choice and help property owners (landlords and group owners) manage and maximize their properties in Tennessee and Mississippi. Here are our mission and vision statements:
Mission
Vision
At Valuations Property Management Group, we will strive to minimize the risk of litigation and damage to rental units. Also, we have perfected strategies to maximize profits by simply slashing vacancy rates and repair and maintenance costs of all properties under our care. Much more than renting our properties out to tenants, we intend to build a loyal customer base, and part of the plans that we have put in place to realize this is to offer incentives to law-abiding tenants under our care. We intend to offer a lower rent for tenants who agree to enter a long–term lease agreement with us. Besides, we will award loyal tenants at the end of every year.
Market Trends
Market Analysis
The market trends involving property management business are indeed dynamic and, at the same time, more accessible for a newbie like Valuations Property Management Group to come in and still make money from the industry. All that is needed for any property management company to excel in the industry is good managerial skills and healthy relationships with landlords (property owners). Our property management marketing plan contains every detail we need to excel. Some factors that count positively in this line of business are trust, honesty, and relationship management. Any property management company that has this will do well in the industry. Landlords and property owners ensure they put their properties under the care of someone they can trust. We hire trustworthy employees at Valuations Property Management Group to match the client’s demands.
A recent report predicting the 2024 Tennessee property market confirmed that Tennessee homes continued to sell at eye-popping prices in November 2023. The median home sale price rose 1.6% year-over-year from $362,000 to $367,900 in September. Home values in Tennessee rose by 55.33% in the last five years, and home sales increased by 5% in September 2023. Despite the mortgage rate climbing to 7.84%, Tennessee’s housing market remains promising
As a property management company, we will advise home sellers to partner with us when selling their homes. We will have their properties listed. For our home buyer clients, we will encourage them to hold on as we search for reasonable and lower rates.
Our Pricing Strategy
Part of our business strategy at Valuations Property Management Group is to ensure that we work within our clients’ budgets. We plan to charge the property owners on a commission basis. The property evaluators will help us determine the value of an apartment or land for straightforward pricing. Screening tenants will allow us to reduce maintenance expenses since we will pick responsible tenants for the vacant houses.