Term
Lease Listing Agreement 90 days minimum to find qualified tenant
Management Agreement is 12 months
Cancel anytime with just 30 days’ notice – no fee charged
Maintenance is not up-charged
Broker Fees
First time NEW Tenant = 100% one-month rent
NO Property Management Fee charged for the 1st Month
Lease Renewal – same Tenant 75% of Gross Rent (12 month) or $395 (month to month)
To Procure NEW Tenant (after 1st 12 months) = 75% of Gross Rent + Co-Op Fee
If no Co-Op Agent involved – it’s not charged to you.
Do you have a Tenant already in place? – Startup fee $250.00 + Property Management Fee
Property Management Fees Monthly to choose from
6% - Program: Collection and Disbursement of Rents only & Notices to Tenants
8% - Program: Full Service Management including 3 inspections per year -Maintenance
+ 27/7 Emergency Service
10%-Program: Full Service Management including 4 inspections per year Maintenance
+ 24/7 Emergency Service
We can customize a plan for you that fits your needs and budget
Sales Commission – If you decide to sell the house to the Tenant We Procure, Brokerage is due 3% of Sale Price or we can customize a plan for you.
NO HIDDEN FEES!!!
Home Warranty Recommended – Reduces your Maintenance costs tremendously and streamlines the process!!
Home Warranty Example ONLY:
$430 year - $60-$75/ Trade call fee (billed to you by Home Warranty Company)
$405 year - $100/ Trade call fee (billed to you by Home Warranty Company)