Precision Management Company is a professional property management company established in 1994. The sole focus of Precision Management was to provide unique, professional and personable management services, with a hands-on, boutique approach.
Located in Bellevue, WA, Precision manages multifamily, HOAs, mixed-use retail, and commercial properties in the greater Seattle area; from as far north as Lynnwood, to as far South as Tacoma.
Precision’s project experience includes management of residential properties, renovations, pre-development consultation, and lease-ups. Many clients have been with Precision for 15+ years. This is due to the personal service they receive and the trust that has developed over those years.
At the very core, Precision’s management philosophy is what sets us apart. Precision focuses on providing detailed, efficient, and personalized care to each of our clients while understanding and meeting their financial goals and objectives. Our clients and residents are a priority and will always come first.
Precision is committed to insuring the highest quality of staff at each of our properties. Hiring the best employees possible, at all levels, and retaining these employees for many years, is an extremely important aspect to Property Management.
President and Founder, Patrick Welton, has been in various forms of property management for the past 30 years. Starting in Hospitality Management for the Red Lion Hotel chain, he moved to residential Property Management in 1984, joining Magnuson Management Company, where he was promoted to Vice President.
1988 brought further opportunities for Pat when he became president of Centron Management Company, which at the time, was one of the largest apartment developers in the Pacific Northwest. He completed over 6,000 units in lease up during that time and in 1989 combined Centron's accounts with those of Commonwealth Pacific. Pat became the President of the new company, Premiere Management Company, in Seattle, Washington. Under Pat's guidance, Premiere grew to 9,000 apartments and 200,000 square feet of commercial space in three states. Pat left Premiere in 1994 to start Precision Management Company.
Pat is a 1982 graduate in Business Management from Central Washington University. He has spoken to national audiences at the Oregon Apartment Association, Washington Apartment Association, and the apartment industry trade show, Trends, where he has been a featured speaker on multiple occasions. In addition, he has been published nationally in the Journal of Property Management. Pat is also a Certified Property Manager (CPM).
Precision currently utilizes one of the largest multifamily accounting software programs, Entrata. This system is fully integrated and supported by all our staff. Property managers are well-trained and extremely knowledgeable with the system.