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Property Management

John C. Formant Real Estate, Inc. is a full service property management and real estate brokerage firm specializing in single family homes and small apartment houses in Washington, DC. While serving the needs of the hundreds of individuals who rent from us, it is our mission to maximize the potential for the income producing properties of our clients by maintaining high occupancy and helping to develop marketing plans that accommodate the changing economic and social profile of today’s renter.

We work closely with our owners to build relationships based on trust.

John C. Formant Real Estate, Inc. has successfully placed thousands of highly qualified tenants since 1983. We may be engaged simply to place a tenant, or to provide a full range of property management services. Our tenant placement services include:

Marketing the property

  • Recommend a price for the property
  • Recommend repairs or improvements if necessary
  • Hire qualified contractors
  • Implement a marketing plan based on market trends and the needs of our clients
  • Advertise and show the property until it is rented

Tenant Screening and Lease Preparation

  • Encourage applications from prospective tenants
  • Full vet each applicant, to include credit reporting, employment and income confirmation and check court records
  • Comply fully with all local and Federal laws concerning discrimination
  • Prepare a lease for signatures
  • Move-in services for the tenant

Property Maintenance

In addition to these services, our property management services also include:

  • Perform inspections of the property
  • Communicate with the property owner
  • Recommend and coordinate repairs
  • 24-hour service
  • Maintain certificates of insurance for all vendors
  • Year-end 1099 reporting
  • Provide monthly financial statements
  • Forward rental proceeds to owner monthly
  • Ensure that properties are in compliance with all government regulations requiring licensing.
  • Maintaining security deposits as required by law.

John C. Formant Real Estate, Inc. has a highly specialized and experienced staff available for a free consultation any time. Whether you need us to provide our full range of property management services or just place your next tenant, please contact us to schedule a visit or to ask any questions.