It all began in 1970 when Tom got his Real Estate license and started listing and selling properties and in 1977 Tom studied for and got his Broker’s license.
There came a time when some of Tom’s clients were in a quandary as to whether or not to sell their properties or rent them out but didn’t want the hassle of handling them on their own. Sheryl had been ‘managing’ a couple of her and Tom’s investments so Tom offered to have Sheryl take care of clients’ properties in the event they decided not to sell.
In 1978 Sheryl took the job of overseeing 3 different properties for some of Tom’s clients which included cleaning (and with the help of her father, painting the interiors), showing, obtaining Applications to rent the properties, screening and preparing the necessary final paperwork (all without the help of a computer). When an application was approved Sheryl met with the approved applicants at the property for the final walk through and obtaining move in funds. This was all done free of charge until things started snowballing and more properties were being added which was more work than Sheryl could handle on her own.
During this time Tom continued to list and sell Real Estate for a Real Estate company but soon decided it was time to form a property management company which was named Kerr Residential Property Management, Inc. and office was set up in a 10’ x 10’ room in their basement.
Sheryl continued to work on her own for a short time after the company was formed but it soon came apparent that she needed more help so Tom transferred his license to Kerr Residential Property Management, Inc. and Tom began showing properties to prospective tenants while Sheryl continued on with processing paperwork, etc. and the bookkeeping.
The company outgrew the basement office in approximately 1980 a ‘real’ office space was leased on NE 181st and Flanders and the staff grew from 2 people to 4 people.
In 1986 Tom and Sheryl had the company name shortened to Kerr Properties, Inc. and about that time they were also able to purchase the building (after much remodeling and meeting code requirements with City of Gresham and City of Portland) where Kerr Properties, Inc. is currently located on SE 181st and Pine St.
As the business grew so did the staff as at one point Kerr Properties, Inc. was managing close to 600 doors.
Sheryl studied for and got her Property Manager’s license in the mid 1990’s.
Tom retired in 2008 and Kerr Properties, Inc. was sold to Tom and Sheryl’s son, W. Sean Kerr, in 2012 where Sheryl remained as Secretary/Property Manager until her retirement March 31, 2017.