Evaluate the property and determine an accurate rental & sale price
Offer recommendations on repairs and cosmetic improvements that maximize monthly rent and boost ROI (Return on investment).
Gather data on rental rates in the area and work with owners to determine the optimal rental rate. Rent research will vary, but should include looking at the recently rented comparable according to size, type & quality.
Discuss with owners the pros and cons of different policies such as deposits, maintenance etc.
Work with other realtors and leasing agents to find a tenant
Field calls from prospects for questions and viewings
Meet prospective tenants for showings throughout the week and weekend.
Provide prospective tenants with rental applications that are legally compliant with fair housing laws.
Perform a background check to verify identity, income, credit history, rental history, etc.
Grade tenant according to pre-defined tenant criteria
Inform tenants who were turned down
Draw up leasing agreement
Confirm move in date with tenant
Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance
Ensure all agreements have been properly executed
Perform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.
Collect security deposit and ensure it reaches the owner.
These are a few duties which we perform as to manage your property well. We do this with utmost sincerity and will.