 Full Service Management requires payment of one-half of the month’s rent, and negotiable percentage of the gross monthly rent after a tenant is secured. Newspaper advertising is additional, but internet advertising is provided free of charge. We offer a negotiable rate if the property is rented at the time we take over management. Full Service Management includes: Your Property- Initial consultation at your property to advise and determine rental rate
- Advertising, signage, marketing, Multiple Listing Service and Internet exposure
- Showing of property
- Order and oversee all maintenance matters, including post-work inspection and invoice approval
- Periodic inspections and complete care of the property
The Tenant- Tenant screening and background check
- Preparation of documents, such as leases, addendums, amendments, notices, etc.
- Detailed tenant move-in and move-out inspections
- Enforcement of lease terms and conditions
- Response to maintenance needs and requests
- Maintaining good rapport with the tenants and handle their needs and issues
- Serving notices and enforce collection of delinquent funds
Accounting- Collection of move-in funds
- Ongoing collection of rents and fees
- Disbursement of funds; direct deposit, if desired
- Pay vendors, banks, insurance and taxes
- Monthly accounting and statement, including vendor invoices/payments
- Year-end tax statement for your accountant
You are responsible for expenses such as repairs, maintenance, or utilities. These will be paid out of your account. Tenant Procurement Only provides leasing services, and includes all items under Your Property and the first two items under The Tenant. The fee is equal to one month’s rent, and includes internet advertising costs, tenant screening and preparation of the all lease documents. One-half of the fee is required before the leasing contract begins. After the lease documents are complete, you take over management. The security deposit, maintenance and inspections of your property are your responsibility. This option is not recommended for out-of-area owners. Property Management is a specialized field within the Real Estate Industry. We focus efforts on caring for the properties we represent; we refer other real estate transactions to listing and sales offices. We are professionals in this field, providing owners with the maximum amount of protection possible for their asset. Property Owners remain the primary decision maker, but we do all the work! |