{"id":18162,"date":"2020-07-09T19:59:53","date_gmt":"2020-07-09T19:59:53","guid":{"rendered":"https:\/\/www.fultongrace.com\/blog\/?p=18162"},"modified":"2020-07-10T19:54:09","modified_gmt":"2020-07-10T19:54:09","slug":"what-is-property-management","status":"publish","type":"post","link":"https:\/\/www.fultongrace.com\/blog\/what-is-property-management\/","title":{"rendered":"What Is Property Management?"},"content":{"rendered":"<p>Our full-service Property Management team at <a href=\"http:\/\/www.fultongrace.com\">Fulton Grace<\/a> act on behalf of you (the owner) to preserve the value of the property while generating income.<\/p>\n<p>If you have a single rental home or hundreds of investment properties, trust our team of <a href=\"https:\/\/www.fultongrace.com\/landlords\/chicago-property-management\/\">Property Managers<\/a> to manage your property for you.<\/p>\n<p>An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company.<\/p>\n<p>The Property Management company will then advertise the rental property, handle tenant inquiries, screen applicants, select suitable candidates, draw up a lease agreement, conduct a move in inspection, move the tenant(s) into the property and collect rental income.<\/p>\n<p>The Property Management Company will then coordinate any maintenance issues, supply the owner(s) with financial statements and any relevant information regarding the property, etc.<\/p>\n<p><!--more--><\/p>\n<p><strong>Contact a Fulton Grace Realty Property Manager for a Free Consultation:<\/strong><\/p>\n<div data-test='contact-form' id='contact-form-18162' class='wp-block-jetpack-contact-form-container '>\n<form action='https:\/\/www.fultongrace.com\/blog\/what-is-property-management\/#contact-form-18162' method='post' class='contact-form commentsblock'>\n<script>\n\t\t\t( function () {\n\t\t\t\tconst contact_forms = document.getElementsByClassName('contact-form');\n\n\t\t\t\tfor ( const form of contact_forms ) {\n\t\t\t\t\tform.onsubmit = function() {\n\t\t\t\t\t\tconst buttons = form.getElementsByTagName('button');\n\n\t\t\t\t\t\tfor( const button of buttons ) {\n\t\t\t\t\t\t\tbutton.setAttribute('disabled', true);\n\t\t\t\t\t\t}\n\t\t\t\t\t}\n\t\t\t\t}\n\t\t\t} )();\n\t\t<\/script>\n<div style=\"\" class='grunion-field-name-wrap grunion-field-wrap'  >\n<label\n\t\t\t\tfor='g18162-name'\n\t\t\t\tclass='grunion-field-label name'>Name<span>(required)<\/span><\/label>\n<input\n\t\t\t\t\ttype='text'\n\t\t\t\t\tname='g18162-name'\n\t\t\t\t\tid='g18162-name'\n\t\t\t\t\tvalue=''\n\t\t\t\t\tclass='name  grunion-field' \n\t\t\t\t\trequired aria-required='true' \/>\n\t<\/div>\n\n<div style=\"\" class='grunion-field-email-wrap grunion-field-wrap'  >\n<label\n\t\t\t\tfor='g18162-email'\n\t\t\t\tclass='grunion-field-label email'>Email<span>(required)<\/span><\/label>\n<input\n\t\t\t\t\ttype='email'\n\t\t\t\t\tname='g18162-email'\n\t\t\t\t\tid='g18162-email'\n\t\t\t\t\tvalue=''\n\t\t\t\t\tclass='email  grunion-field' \n\t\t\t\t\trequired aria-required='true' \/>\n\t<\/div>\n\n<div style=\"\" class='grunion-field-textarea-wrap grunion-field-wrap'  >\n<label\n\t\t\t\tfor='contact-form-comment-g18162-message'\n\t\t\t\tclass='grunion-field-label textarea'>Message<\/label>\n<textarea\n\t\t                style=''\n\t\t                name='g18162-message'\n\t\t                id='contact-form-comment-g18162-message'\n\t\t                rows='20' class='textarea  grunion-field'  ><\/textarea>\n\t<\/div>\n\t<p class='contact-submit'>\n\t\t<button type='submit' class='pushbutton-wide'>Submit<\/button>\t\t<input type='hidden' name='contact-form-id' value='18162' \/>\n\t\t<input type='hidden' name='action' value='grunion-contact-form' \/>\n\t\t<input type='hidden' name='contact-form-hash' value='24dca150d70c3eba3849d3b317af8f562a441642' \/>\n\t<\/p>\n<p style=\"display: none !important;\"><label>&#916;<textarea name=\"ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_1\" name=\"ak_js\" value=\"103\"\/><script>document.getElementById( \"ak_js_1\" ).setAttribute( \"value\", ( new Date() ).getTime() );<\/script><\/p><\/form>\n<\/div>\n<p>&nbsp;<\/p>\n<blockquote><p><strong>How did our story begin? It began in late 2008 in Chicago. While other real estate agencies faced financial uncertainty during \u201cThe Great Recession\u201d, we, at Fulton Grace Realty, saw opportunity. <\/strong><\/p><\/blockquote>\n<p>We began serving the community by offering apartment rental\u00a0and property management services.<\/p>\n<p>When owners couldn\u2019t sell their properties, we offered an alternative to ride out the bad market &#8211; we secured quality tenants for our clients and professionally managed their properties until the sales market rebounded.<\/p>\n<p>From that point on, Fulton Grace Realty began its rise.<\/p>\n<p>Over the next several years as the sales market improved, our upward sales climb was extraordinary.<\/p>\n<p>Not only have we attracted some of the city\u2019s most talented and fastest growing agents over the years, Fulton Grace Realty has been on the top half of the coveted <strong>Inc. 5000 list for the past four consecutive years &#8211; 2015 through 2019.<\/strong><\/p>\n<p>Additionally, Fulton Grace has been named one of <strong>Crain\u2019s 2018 Top 100 Places to Work, ranking #37 overall and #8 Best Workplace for Women!<\/strong><\/p>\n<p>We\u2019re locally grown and proud of the deep roots we\u2019ve planted in our communities.<\/p>\n<p>Remaining extremely active in our local real estate markets and neighborhood associations keep us grounded and abreast of ever-changing conditions.<\/p>\n<p>Our strong community presence allows us to better serve our clients. Several custom-designed and strategically placed offices spread the essence of Fulton Grace Realty throughout the city, with locations in Lakeview, North Center, West Town &amp; Wicker Park.<\/p>\n<p><strong>If you&#8217;re on the fence about hiring a Property Management Company, reach out to one of our incredible Property Managers to find out if we&#8217;re a right fit for you.<\/strong><\/p>\n<div data-test='contact-form' id='contact-form-18162' class='wp-block-jetpack-contact-form-container '>\n<form action='https:\/\/www.fultongrace.com\/blog\/what-is-property-management\/#contact-form-18162' method='post' class='contact-form commentsblock'>\n<script>\n\t\t\t( function () {\n\t\t\t\tconst contact_forms = document.getElementsByClassName('contact-form');\n\n\t\t\t\tfor ( const form of contact_forms ) {\n\t\t\t\t\tform.onsubmit = function() {\n\t\t\t\t\t\tconst buttons = form.getElementsByTagName('button');\n\n\t\t\t\t\t\tfor( const button of buttons ) {\n\t\t\t\t\t\t\tbutton.setAttribute('disabled', true);\n\t\t\t\t\t\t}\n\t\t\t\t\t}\n\t\t\t\t}\n\t\t\t} )();\n\t\t<\/script>\n<div style=\"\" class='grunion-field-name-wrap grunion-field-wrap'  >\n<label\n\t\t\t\tfor='g18162-name'\n\t\t\t\tclass='grunion-field-label name'>Name<span>(required)<\/span><\/label>\n<input\n\t\t\t\t\ttype='text'\n\t\t\t\t\tname='g18162-name'\n\t\t\t\t\tid='g18162-name'\n\t\t\t\t\tvalue=''\n\t\t\t\t\tclass='name  grunion-field' \n\t\t\t\t\trequired aria-required='true' \/>\n\t<\/div>\n\n<div style=\"\" class='grunion-field-email-wrap grunion-field-wrap'  >\n<label\n\t\t\t\tfor='g18162-email'\n\t\t\t\tclass='grunion-field-label email'>Email<span>(required)<\/span><\/label>\n<input\n\t\t\t\t\ttype='email'\n\t\t\t\t\tname='g18162-email'\n\t\t\t\t\tid='g18162-email'\n\t\t\t\t\tvalue=''\n\t\t\t\t\tclass='email  grunion-field' \n\t\t\t\t\trequired aria-required='true' \/>\n\t<\/div>\n\n<div style=\"\" class='grunion-field-textarea-wrap grunion-field-wrap'  >\n<label\n\t\t\t\tfor='contact-form-comment-g18162-message'\n\t\t\t\tclass='grunion-field-label textarea'>Message<\/label>\n<textarea\n\t\t                style=''\n\t\t                name='g18162-message'\n\t\t                id='contact-form-comment-g18162-message'\n\t\t                rows='20' class='textarea  grunion-field'  ><\/textarea>\n\t<\/div>\n\t<p class='contact-submit'>\n\t\t<button type='submit' class='pushbutton-wide'>Submit<\/button>\t\t<input type='hidden' name='contact-form-id' value='18162' \/>\n\t\t<input type='hidden' name='action' value='grunion-contact-form' \/>\n\t\t<input type='hidden' name='contact-form-hash' value='24dca150d70c3eba3849d3b317af8f562a441642' \/>\n\t<\/p>\n<p style=\"display: none !important;\"><label>&#916;<textarea name=\"ak_hp_textarea\" cols=\"45\" rows=\"8\" maxlength=\"100\"><\/textarea><\/label><input type=\"hidden\" id=\"ak_js_2\" name=\"ak_js\" value=\"97\"\/><script>document.getElementById( \"ak_js_2\" ).setAttribute( \"value\", ( new Date() ).getTime() );<\/script><\/p><\/form>\n<\/div>\n<blockquote class=\"wp-embedded-content\" data-secret=\"WSN5oVYf7Z\"><p><a href=\"https:\/\/www.fultongrace.com\/blog\/2020\/07\/09\/do-you-need-a-property-manager-for-your-rental-property\/\">Do You Need a Property Manager for Your Rental Property?<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Do You Need a Property Manager for Your Rental Property?&#8221; &#8212; Fulton Grace Realty\" src=\"https:\/\/www.fultongrace.com\/blog\/2020\/07\/09\/do-you-need-a-property-manager-for-your-rental-property\/embed\/#?secret=WSN5oVYf7Z\" data-secret=\"WSN5oVYf7Z\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p><b>WHO IS<\/b>\u00a0<a href=\"https:\/\/www.fultongrace.com\/\"><b>FULTON GRACE REALTY<\/b><\/a><b>?<\/b><\/p>\n<p>We are one of Chicagolands leading providers of comprehensive Real Estate Services.<\/p>\n<p>We are home to an ever-growing team of savvy &amp; reputable local\u00a0<a href=\"https:\/\/www.fultongrace.com\/agents\/real-estate-chicago-il\/\">Chicagoland Realtors<\/a>, who specialize in Finding Home, Together. Whether you\u2019re searching to buy, sell, or rent and apartment, let Fulton Grace Realty advise you on for your next move.<\/p>\n<p>Fulton Grace Realty is also Chicago\u2019s #1 Property Management Company. Our seasoned team of Property Managers are available 24 hours a day, 7 days a week for all Landlord\/Tenant needs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our full-service Property Management team at Fulton Grace act on behalf of you (the owner) to preserve the value of the property while generating income. If you have a single rental home or hundreds of investment properties, trust our team of Property Managers to manage your property for you. An owner of a single-family home, [&hellip;]<\/p>\n","protected":false},"author":99745542,"featured_media":18202,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[35091017,691669618],"tags":[7545041,30566,3560,373722],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.fultongrace.com\/blog\/wp-content\/uploads\/2020\/07\/79307450_2662271420462674_3656412487806353408_o.jpg?fit=1906%2C1278&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbBC5T-4IW","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/posts\/18162"}],"collection":[{"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/users\/99745542"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/comments?post=18162"}],"version-history":[{"count":11,"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/posts\/18162\/revisions"}],"predecessor-version":[{"id":18215,"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/posts\/18162\/revisions\/18215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/media\/18202"}],"wp:attachment":[{"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/media?parent=18162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/categories?post=18162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fultongrace.com\/blog\/wp-json\/wp\/v2\/tags?post=18162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}