Property Management

Arizona Property Management Companies

Every company listed here has been reviewed before it went on. We confirm the Arizona Department of Real Estate licence, check the designated broker is active, and look at complaint history rather than just the star rating. Nobody is auto-imported from a data feed, and nobody buys the top spot.

What Arizona law requires in your management agreement

Arizona is one of the few states with a section of its real estate statute written specifically for property management. Under A.R.S. § 32-2173 your agreement must contain particular provisions — so this doubles as a checklist before you sign:

• The material terms, signed by you and by the designated broker or an authorised licensee
• Beginning and ending dates, plus cancellation provisions
• How monies are handled — including tenant deposits
• The type and frequency of reporting you will receive
• The operating reserve to be held
• How interest is allocated
• Compensation
• A bar on assigning the agreement without your written consent

If a proposed agreement is missing several of these, that is not a stylistic difference. It is a compliance problem, and it tells you something about how the rest of the account will be run.

Trust accounts: where the money actually sits

Your rent and your tenants’ deposits do not belong in a company operating account. Arizona imposes detailed trust-accounting duties on brokers who hold client funds, under A.R.S. § 32-2151 and the associated administrative code:

• Each account must be designated and titled as a trust account in the broker’s records.
• Non-contingent funds must be deposited within three banking days of receipt.
• The employing broker stays responsible for all trust-account activity even where signing authority has been delegated to someone else.
• A monthly three-way reconciliation is required — bank statement against trust-account ledger against individual client ledgers — with any variance explained.

Mishandled trust funds are among the most common reasons ADRE disciplines a broker. Asking how often the trust account is reconciled is a perfectly normal question, and the quality of the answer is informative.

Security deposits under Arizona law

The Arizona Residential Landlord and Tenant Act caps residential security deposits at one and a half months’ rent, and deposits must be returned within 14 days of lease termination. Application and move-in fees are not capped but must be reasonable.

Whether you are the owner or the tenant, a manager who is casual about either number is a manager who will be casual about the things you cannot see.

Questions worth asking before you hand over the keys

• “Who is your designated broker, and what is the licence number?” Then look it up yourself.
• “How many doors does each manager handle?” Portfolio size per person predicts responsiveness better than any marketing claim.
• “What is your maintenance mark-up, and do you own the maintenance company?” In-house maintenance is not automatically bad, but you should know before the first invoice.
• “What are your average days-on-market and current vacancy rate?” A week of extra vacancy costs more than most fee differences.
• “What does it take to cancel, and what happens to the tenant if I do?” Settle this while everyone is still friendly.

On what all this should cost — management percentages, leasing fees, renewal fees and the extras that show up later — we break the numbers down in what property managers charge in Arizona.

Find a manager by market

Statewide Arizona · Phoenix · Tucson

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Movers · Home loans · Plumbers · AC repair & HVAC · Arizona business

📞 Run a licensed Arizona property management company and want to be considered? Call (888) 863-7421 — every listing is reviewed before it goes on.