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Property Management |
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Schedule of Fees:
For the management of property, our fee is 10% of the monthly rent. This is discounted if you have multiple properties. Our leasing Fee for placement of a tenant in the property is 50% of one full month's rent. Our fee for negotiating a renewal and preparing a Lease Modification is 25% of one full month's rent.
Services (Including, but not limited to):
- Advertise, take rental calls, and show the property
- Screen applicants
- Prepare Lease Agreement and Addendum as necessary
- Move-in Inspection Report
- Security Deposit Escrow
- Handle resident requests
- Arrange for repairs
- Collect rent
- Provide monthly and end of year financial reports to owner
- Do interim inspections and provide preventive maintenance to enhance value of owner's investment
- Move-out Inspection Report and return of Tenant Security Deposit (if applicable)
- Provide emergency number for tenants maintenance issues
What we do that other companies may not:
- We tailor our lease agreement to the needs of the individual property owner and the uniqueness of the property.
- We perform a thorough credit verification on all adult applications. We also check rental references and verify employment and income.
- We have no in-house maintenance staff to keep profitable. We are more than happy to utilize your repair preferences. We utilize knowledgeable, licensed and insured repair personnel. We do not attach a markup on the billings they provide.
- We do interim inspections to insure tenants are maintaining the property and to assess preventive maintenance needs.
- We are familiar with the current laws and abide by the Virginia Residential Landlord Tenant Act.
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