Southwestern Management And Realty Team

The Ever-Evolving Property Management Landscape

It’s safe to say that property management is dramatically different from what it was 10 years ago. Property managers and management companies have significantly more responsibilities to the client than just collecting rent and paying expenses.  

Today, those responsibilities include:

  • arranging insurance
  • collecting and designing bids for renovation
  • coordinating maintenance services
  • developing marketing plans
  • ensuring compliance with federal and state government regulations
  • hiring, managing, and motivating staff
  • improving landscaping
  • overseeing property security
  • providing tax information
  • reporting expenses and income


In order to accomplish these many responsibilities, property management firms need to be aware of technological developments, evaluate and respond to conditions in an ever-changing market as well as world events, and find better ways to manage properties. They also have to maintain their relationships with numerous clients who are at the core of their business operations. Basically, property management is all about adaptation, advanced technology, and attracting good tenants.


Adapting to a Changing Industry

Over the past several years, the industry has been impacted by a number of external factors, some of which have included a depressed housing industry and real estate market as well as a stagnant economy. We’ve seen accounting and taxation issues, environmental concerns, government legislation, insurance requirements, licensing requirements, and regulations for lenders become increasingly more complex. As a result, many property management companies have begun specializing.

Furthermore, larger real estate concerns and real investment funds have created a more consolidated marketplace. The primary result has been an increased use of the branding process wherein companies have developed unique, management-based services that benefits all types of rental properties.  Consequently, developing and maintaining one’s brand identity has become an essential component of many property management companies marketing strategy.


Advances in Technology

Today’s property manager is able to perform their jobs more effectively and efficiently thanks to certain advances in industry-specific technology. Naturally, computerization is at the core of better communication along with data collection and storage. Many of the more successful property management companies today are using different media and terminal servers to connect with clients, suppliers, tenants, and vendors.  In the past 10 to 15 years, we have also seen a broad variety of property management software being introduced into the industry marketplace as well. They help to streamline the management of multiple properties and helps the real estate owners stay updated on all issues.


Attracting Tenants and Retaining Them

Despite the many changes in the industry that companies have had to adapt to and all the advancements in technology, attracting better quality tenants and retaining them continues to be the primary focus of the property management industry. But the most important aspect of all is still providing a superior level of service to both the client and the tenant alike. Although boils down to common sense, these basics remain stable and unchanged throughout the industry.


Make the “SMART” Choice with Southwestern Management And Realty Team

las vegas property management

SMART Rental Qualifications

The following are Southwestern Management And Realty Team’s (SMART) guidelines for renting a property through SMART. Each and every application will be reviewed by a member of SMART and could be adjusted depending on credit/income and the application itself. Please be truthful!

Rental Qualifications

  • Applicant MUST be 18 years or older and application fee is $65.00 per person and is non-refundable.


  • Minimum score of 650
  • No EVICTIONS in the past 5 years
  • No utility collections (gas, power, water)

Income Verification

  • Income MUST be 3 times the monthly rent for good credit 650+ and 4 times if applicant has poor credit but good income.
  • MUST be verifiable
  • MUST be with current employer for at least 6 months.
    **If self-employed—CPA financial statements and/or tax returns are acceptable.

Employment History

(you could be required to show proof if requested, paycheck stubs, etc.)

  • Verifiable employment history for the past 3 years
    **If self-employed/retired/not employed—can verify income with signed tax returns and/or bank statements.

Rental History Verification

  • Verify for the past 3 years
  • Must provide: Landlord Names, and phone number, email (if available) on the online application.

Criminal Background Check

SMART does check—Criminal, Sex Offender and Terrorist database

  • NO sex offenders
  • NO crimes—violent crimes, prostitution, domestic violence, possession of weapons or illegal drugs


MUST be 30 pounds & under & absolutely no violent breeds—ask SMART for the Pet Policy

  • 2 pets max
  • NO ferrets or snakes
  • NO Dangerous, poisonous or illegal pets
  • NO aquariums larger than 10 gallons

Emotional Support pets are NOT considered a Service Animal and not under ADA laws.