Trusted by owners since 1972, Cornell and Associates is one of the premier property management companies in Seattle. Managing a diverse portfolio of 5,000+ residential units, we bring unparalleled local expertise to the Seattle Metro area.
As your dedicated residential property managers, we combine 50 years of tradition with modern efficiency to protect and grow your real estate assets.
Management Services
Strategic Management for Maximum Returns
Our objective is singular and steadfast: Maximize your property’s income and long-term value, regardless of shifting economic climates.
While our goal remains constant, our execution is entirely bespoke. We recognize that every asset is unique, which is why we offer the flexibility to tailor a management program specifically to the architectural design and financial requirements of your property.
Our Comprehensive Management Suite
To achieve peak performance for your investment, we execute a rigorous, multi-phase operational strategy:
Market-Leading Valuation: We conduct in-depth neighborhood analyses and rental surveys to ensure your rates accurately reflect—and capture—current market value.
Asset Optimization & Preservation: Our team performs detailed inspections to identify functional obsolescence and deferred maintenance. We provide a prioritized correction plan with firm cost estimates and projected ROI for every improvement.
Fiscal Planning & Budgeting: We develop a comprehensive management plan and annual operating budget for your approval, ensuring every dollar is accounted for and aligned with your goals.
Personnel Excellence: We recruit, train, and supervise high-caliber resident managers. While employed by the owner, these professionals work under our direct guidance to maintain our high standards of service.
Advanced Financial Reporting: Utilizing a state-of-the-art computerized accounting system, we provide monthly operating statements that contrast actual performance against your budget. Full-service accounting includes rent collection and the seamless disbursement of taxes, debt service, and vendor payments.
High-Impact Marketing: We deploy aggressive promotional strategies to minimize turnover and ensure maximum occupancy at peak rental rates.
Regulatory & Legal Compliance: We represent the owner in all landlord-tenant relations, ensuring strict adherence to fair housing laws, local ordinances, and evolving regulations.
Proactive Oversight: We conduct frequent, scheduled site inspections to monitor ongoing repairs and assess the overall health of your property.