Wednesday, April 13, 2016
Three Tips for Improving Time-Management Skills
The owner of Commercial Property Resources, Inc., in Salem, Oregon, Paul Kerley also leads Kerley Properties, LLC. Through both companies, Paul Kerley manages a number of residential properties in and around Salem, Oregon.
Time management is an important skill when overseeing multiple properties or managing several tasks simultaneously. The following tips may enhance your efficiency.
Complete one task at a time.
Despite your desire to multitask, focus on one item at a time. According to the website Rentprep.com, concentrating on one task with the intent to finish it makes you work more efficiently. You are also less likely to make errors that would normally occur when switching between tasks.
Create a list.
A list helps you understand what needs to be done to keep your properties operational. A good practice is to write out what tasks need daily attention. Ideally, this is completed in the morning, so you can refer to it throughout the day. Arrange your list based on priorities, such as managing maintenance first thing and then following up with simpler administrative tasks, such as returning phone calls. If possible, group similar items together to maximize time and effort.
Limit interruptions.
A drawn-out conversation with a coworker or time spent handling a personal matter can derail a day’s worth of work. Create an environment that minimizes interruptions. Keeping your office door closed, for instance, will reduce opportunities for conversation, thus giving you time to focus on your work.
Wednesday, March 30, 2016
Just How Do Real Estate Brokers Facilitate Property Sales?
Paul Kerley of Salem, Oregon, is the owner and president of Commercial Property Resources Inc. A real estate ownership and management firm of repute, Paul Kerley’s Salem firm works with several real estate brokers to facilitate property transactions in Oregon.
Real estate brokers play a crucial role in buy and sell property transactions. Essentially, a real estate broker is an intermediary between the seller and the buyer. The broker matches sellers who want to sell their homes to buyers who want to buy homes, taking into consideration the financial muscle of the buyers together with their preferred location of residence. Brokers must obtain licensure by the appropriate state authorities to practice.
Real estate brokers play additional roles in facilitating real transactions. First, they offer promotional services such as distributing flyers and placing advertisements to quicken the sale of the house. They also provide Multiple Listing Services (MLS), listing the homes across various platforms. They screen potential buyers to accelerate the matching process and once a seller-buyer match has been found, they assist in transaction negotiations, including price recommendations and paperwork.
Real estate brokers’ relationships with the principal buyer or seller are primarily fiduciary. For this reason, their interactions with the principal are subject to heightened regulation. In the event that brokers misrepresent facts to a principal or act fraudulently, dishonestly, or incompetently, they are subject to having their licenses revoked.
Monday, March 14, 2016
Broadway in Portland Offers Seasonal Subscription Packages
With over three decades of real estate experience, Paul Kerley leads Commercial Property Resources, Inc., and maintains an active involvement in the Salem, Oregon real estate market. Outside of his professional obligations, Paul Kerley enjoys attending regional theatrical productions, including Broadway Across America’s Broadway in Portland.
Broadway in Portland offers a seasonal subscription, which provides tickets for all productions presented during the upcoming season, and a variety of other benefits, such as email updates and special offers from restaurants and hotel partners. Subscription prices depend on which seats the subscriber chooses.
Additionally, subscribers may choose between traditional and premium packages that offer different levels of rewards. A traditional package includes priority access to seats, restaurant discounts, free lost ticket replacements, and free ticket exchanges. The premium packages provides subscribers with access to box level and orchestra center seating, in addition to the use of an exclusive entrance.
Both package levels offer an interest-free payment plan that separates the total cost into two payments. Subscribers can also purchase additional tickets and upgrade their packages at any time.
For additional information on becoming a season ticket holder, visit portland.broadway.com/season.
Monday, February 22, 2016
Paul Kerley Acquires Grand Ronde Rental Properties
Oregon-based Paul Kerley has over 30 years of experience in the real estate business and has owned and managed Commercial Property Resources, Inc. since 1983. The company owns and manages about 1,000 residential rental properties in the Salem area and frequently expands its holdings. Recently, Mr. Kerley’s solely owned limited liability company Grand Ronde Village, LLC, purchased more than 40 residential rentals in Grand Ronde, Oregon.
Grand Ronde is a census-designated place in western Oregon. It had a population of 1,661 in the 2010 census, and rentals accounted for 42.9 percent of its occupied housing. Grand Ronde also hosts the state’s largest casino and top tourist attraction, Spirit Mountain Casino. The Bunn Family Limited Partnership formerly owned the units purchased by Grand Ronde Village. Most of the units possess fenced yards as well as garages or storage sheds and are equipped with washer/dryer hookups. The properties are located at 8625 Grand Ronde Road.
Grand Ronde is a census-designated place in western Oregon. It had a population of 1,661 in the 2010 census, and rentals accounted for 42.9 percent of its occupied housing. Grand Ronde also hosts the state’s largest casino and top tourist attraction, Spirit Mountain Casino. The Bunn Family Limited Partnership formerly owned the units purchased by Grand Ronde Village. Most of the units possess fenced yards as well as garages or storage sheds and are equipped with washer/dryer hookups. The properties are located at 8625 Grand Ronde Road.
Friday, November 20, 2015
Centers of Excellence at Willamette University College of Law
Paul Kerley is the owner and president of Commercial Property Resources, Inc., a real estate investment firm based in Salem, Oregon. Prior to his work with Commercial Property Resources, Inc., Paul Kerley earned his juris doctor from Willamette University College of Law. This institution is home to two centers of excellence which focus on the education of students in two distinct legal areas.
Established in 2002, the Center for Constitutional Government is dedicated to helping its students understand the relationship between government and citizens, as well as the relationship between federal and state governments. Students that pursue studies from the Center for Constitutional Government can earn specialized certificates in law and government, or sustainability law. Additionally, the center hosts a collection of seminars, lectures, and symposia on public affairs which are open to all.
At the Center for Dispute Resolution, JD and MBA students at Willamette can earn certification in the legal practices of negotiation, mediation, and arbitration. In 1996, the center played a critical role in the resolution of a land dispute over part of the Willamette Valley, and continues to serve presently as a facilitator for disputes involving government entities and other organizations. The center also currently backs an online role-playing simulation exercise designed to prepare law students for situations in which they will need to utilize mediatory tactics to satisfy clients.
Monday, September 14, 2015
Rental Trends Favor Smaller Units with Better Prices and Locations
Dedicated to resident satisfaction and property maintenance, Paul Kerley is the owner and president of Commercial Property Resources, Inc., in Salem, Oregon. Paul Kerley owns and manages approximately 1,000 residential units throughout Salem and other parts of Oregon.
According to a recent article from Multi-Housing News, there is a new trend in the rental unit market that involves a high demand for so-called micro units, or rental properties that offer less space with greater amenities. The article states that renters are willing to sacrifice square feet for desirable locations, such as city centers, and more affordable prices. Despite ranging in size from 250 to 500 square feet, many micro units also entice renters with better amenities, including large closets, balconies, and high ceilings.
The article explains that micro units have grown in popularity due to a widespread rental supply shortage and greater demand for affordable units in urban locations. Along with supply-and-demand-driven interest, micro units appeal to renters who want to reduce their environmental impact and live in housing that is space-efficient, creative, and multifunctional. The article notes that smaller units have become more prevalent in cities across the United States.
Friday, August 21, 2015
Tips for Better Property Management
Salem, Oregon, real estate professional Paul Kerley has over 35 years of experience as a landlord and property manager. From single-family homes to condominiums and multifamily apartment buildings, Paul Kerley manages multiple properties. The most efficient and respected property managers follow certain business practices in order to foster positive landlord-tenant relationships.
Before signing a tenant, an efficient property manager establishes a reliable screening process. The careful screening of applicants will aid property managers in securing tenants who are responsible, reliable, and respectful of their landlords’ properties. In turn, to maintain a positive relationship with good tenants, property managers should make repairs and fulfill maintenance requests in a timely manner. It is important to provide advance notice before entering a tenant-occupied property.
It is also a good idea to make sure that all rental agreements and documents pertaining to the property are documented in writing and signed by both property manager and tenant. This helps to avoid potentially complicated situations that can arise when deals are struck via verbal agreement. Creating a walk-through checklist and completing the checklist as you conduct the pre-move-in walk-through with a tenant will help to establish the condition of the home prior to tenant move-in. Going through the same checklist process at the end of the lease period will help the property manager identify repairs that the tenant is responsible for. Additionally, landlords and property managers need to maintain the same set of rules for all tenants, as making exceptions can cause dissent among renters.
Before signing a tenant, an efficient property manager establishes a reliable screening process. The careful screening of applicants will aid property managers in securing tenants who are responsible, reliable, and respectful of their landlords’ properties. In turn, to maintain a positive relationship with good tenants, property managers should make repairs and fulfill maintenance requests in a timely manner. It is important to provide advance notice before entering a tenant-occupied property.
It is also a good idea to make sure that all rental agreements and documents pertaining to the property are documented in writing and signed by both property manager and tenant. This helps to avoid potentially complicated situations that can arise when deals are struck via verbal agreement. Creating a walk-through checklist and completing the checklist as you conduct the pre-move-in walk-through with a tenant will help to establish the condition of the home prior to tenant move-in. Going through the same checklist process at the end of the lease period will help the property manager identify repairs that the tenant is responsible for. Additionally, landlords and property managers need to maintain the same set of rules for all tenants, as making exceptions can cause dissent among renters.
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