Property Management Experts

22 years of experience in Property Management and Real Estate, along with cutting-edge technology make us the best choice for your needs.

Homeworx not only delivers the quality service you expect, we take it to the next level.

Earn a maximum return on your investment each month while your property continues to appreciate in value.

We manage over 800 properties totaling more than 200,000,000.00 in real estate value.

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Professional Service is the Difference

Our management philosophy is centered around effective communication. Our friendly staff is available seven days a week to handle any issues that may arise while managing your property.

When we have procured an interested potential client, our management team performs required background, employment, and credit checks on all applicable tenants. Our goal is to reduce problems during a lease by performing as much due-diligence as possible before a lease agreement is signed. Once a tenant moves into a property, we handle all aspects of managing the property for the property owner.

We encourage our tenants to set up ACH (direct deposit) rental payments. While we can not require tenants to use this payment method, the large majority of our tenants choose to use ACH because it makes life easier on them as well. Provided our tenants pay on time, we pay our owners via ACH on the 10th of the month which is well ahead of the industry standard.

Marketing

We bring maximum exposure to our rental properties by making significant investments in marketing on the Internet. You can visit any major search engine and find our Website and properties using key phrases such as "homes for lease in Oklahoma City" (or Tulsa, etc). You will find our properties listed on the top Internet portals and directory services that potential tenants use when looking for rental houses.

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Notes, Questions, or Comments

By virtue of our marketing, we work with a large potential client base. While we work with local renters, a large portion of our client base are tenants who are relocating to Oklahoma and Texas from out-of-state. We work with staff and players from our local professional sports team(s), but the majority of our clients are professionals in the energy, medical, and aviation industries. Many of these clients need to lease a home for a year while looking for more permanent housing, possibly the house they rent from us, while getting to know the metro area.

Because of our strong marketing efforts and network presence, we are able to more than make up for our management fees. Our efforts lead to greater rent income potential than would otherwise be realized by an individual property owner or real estate agent.

For the benefit of our property owners, we do not charge any money out of pocket. Our fees are taken from rental income from the tenants. Prior to us having secured a tenant for your property, you can be released from your agreement with no questions asked and no liability on your part.

Maintenance

All maintenance issues are handled by our staff. Our maintenance services are available 24/7 and we charge $45.00 to 55.00 per hour for general maintenance issues. Larger projects will be done on a fixed bid basis.

If a maintenance issue requires a specific mechanical license, such as a HVAC or plumbing license, we have good vendor relationships and send a volume of business to companies that do a great job for us. In return for that volume of business, we are charged wholesale rates. This allows us to pass the savings on to our property owners. Some of our competitors choose to make a profit from licensed service vendors, but that is not how we do business.

Lease Renewal

Starting 90 days prior to the end of a lease term, our staff is in constant contact with tenants. We work closely with them to determine their intentions once the lease has ended.

We find out if they want to renew the lease, renew short term, purchase the property being leased, or move out. If the tenant desires to purchase the house, and if the property owner is willing to sell, our affiliated mortgage company will work hard to get a great rate on a loan for the tenant.

If the tenant will not renew the lease, we market the property to new tenants within 45 days of the scheduled move out. A property typically takes 3 - 4 weeks to lease (higher end properties may take longer to lease). This process allows us to have little to no vacancy in our properties.

Technology

Worx Property Management is a tech driven company. All property owners and tenants have access to our company Intranet. This internal Web site provides all kinds of ledger, maintenance tracking, task management, and other important functions that can be viewed by our clients. All important documents are scanned and uploaded to this system. All of this information is available 24 hours a day, 7 days a week.

All pertinent documents such as lease agreements, invoices, maintenance requests, and related docs are uploaded to the Intranet where property owners can view and/or download at any time.
Run financial reports on your properties at your convenience.
Verify received rental payments.
Receive notifications when rent is late.

We Are Also Multi-Family Experts

While our inventory primarily consists of single family homes, we have 50+ years of combined experience in multifamily management, we provide full-service property management for duplexes, townhomes, and apartment communities.

Our technology-oriented business model combines our advertising presence with the local market knowledge to ensure each community’s success. We focus on the acquisition, selective development, and redevelopment by staffing the very best real estate professionals. Each team member is specially trained to treat each property as if it was their own personal investment while providing superior customer service. This ensures the highest level of resident satisfaction.

Frequently Asked Questions

What does a property management company do?

A good Property Management company will save you both time and money by dealing directly with prospects and tenants, marketing your properties, collecting rent, handling maintenance and repair issues, responding to tenant concerns, and even pursuing evictions and damage remediation.

How long does it typically take to lease a property?

For a “new to us” home, it typically takes 4-6 weeks, depending on the area and time of the year. For homes we manage that are currently leased, we begin contacting the tenant 90 days prior to lease end to figure out what their plan is. We try to encourage them to renew for another year but, if they are planning on vacating, we start showing the property 45 days before the lease expires. We are actively marketing the property while you still are receiving rental income. Typically, we can have somebody moving in on top of somebody moving out, minus a few days for make-ready and getting the house in shape.

How do I get paid?

We encourage all our tenants to get set up on ACH. This allows us to automatically pull rent from their account and deposit your rental income into the account of your choice each month.

What percentage of expiring leases renew?

70% We try to encourage tenants to renew for a full year, but if they need to renew for a shorter term, we will increase the rent accordingly. If the tenant is interested in purchasing the property, we will handle the entire sales transaction at just a 3% commission.

What is the screening process for tenants?

Our applications department obtains income verification, rental history verification, nationwide eviction filing search, comprehensive nationwide criminal background report, and a comprehensive credit report and history.

What is your average eviction rate?

LESS THAN 1% We perform our due diligence in screening our applicants to ensure we are putting the highest quality tenants in your property. In the event removal is necessary, our process is quick and efficient to ensure the least possible amount of downtime on your rental asset.

Do you provide monthly statements?

We are a very technology-oriented company. You will be given login credentials to your personal owner portal where you will be able to access everything from the lease and financial documents to maintenance invoices. Everything is at your fingertips 24/7.

What is your average occupancy rate?

90-95%

How long is your average lease?

12-16 months. We try to set lease terms to end during the prime time of the home leasing season, thereby reducing any vacancy and loss of rental income.

What sets you apart from other property management companies?

First and foremost, our investment in marketing across a multitude of platforms is unmatched amongst home rental companies. If you put homes for lease or homes for rent in a search engine, our houses and website are at the top. This ensures maximum exposure for your property which allows us to get more rental income than you could on your own or with the usual Realtor. We offer custom owner portal access. We market your home 45 days before the end of lease term. We have a full-time maintenance staff with decades of experience. We NEVER perform any alterations, modifications, or repairs to your home without your PRIOR approval.