Services
Property Management
Services Provided
Developer sales group has three services available to all owners of real property. Long term corporate rental management, short term corporate rental management and traditional rental management services. All three services have varied fee structures and service offerings but ALL include as a standard. "Circle of Excellence" service.
- In house accounting and preparation of monthly & year end P&L statements to clients.
- Collect rent, follow up on delinquent accounts, and impose late fees and NSF check charges.
- Take action for non-payment by posting a 3-day & 7-day notice for lease violations. Follow through on eviction process with in-house eviction department services at minimal charge.
- Bank ability to electronically direct deposit owner rental funds, wire transfers and accept direct rental payments from the tenant's bank account with tenant approval.
- Bank ability to take debit cards and credit cards for rental payments with tenant and owner approval will be sought. (Additional fees apply).
- Representative assistance available to tenants and owners 24/7 days week day in case of emergency.
- Aggressive "new tenant" management for vacant units.
- Owners receive a quarterly newsletter with specific tips for investors from Property Manager, Attorney & CPA i.e.1031 exchanges, depreciation etc.
- Monthly home walked while vacant to check for security issues, bugs, proper AC settings, water issues etc.
- Establish a rental rate for your property by physically reviewing the property and the current market.
- Field Representative will take property photos for advertising and will provide you with an electronic copy for your records.
- Run a complete local county records profile along with statewide & nationwide credit check & background report, which includes eviction, criminal records and sex offender files as or if required by landlord/ owner.
- Confirm tenant's employment and prior tenant landlord reference with personal phone calls.
- Obtain copies of tenant's pay stubs and drivers' license.
- Collect tenant security deposits equal to rent to be held in a proper Texas bank trust account by law.
- A Realtor or broker meets with each tenant and their family to review all tenant information prior to approval for their acceptance.
- Prepare a detailed and comprehensive lease prepared by the Texas real Estate Commission or by landlord/ owner's private attorney to provide protection for them and their property. A Realtor or broker reviews this lease in person with each tenant.
- An office representative will be available 7 days a week and we have bilingual staff members on hand to assist owners and tenants.
- Organize tenant's move in and supply them with the necessary contact information for utility companies, local schools and services.
- Maintenance repairs are the owners' expense and will be deducted from collected rents monthly. Repairs in excess of monthly collected monthly rent will be paid by unit owner.
- Digital photographs of your rental property before tenant moves in & upon move out to avoid damage disagreements.
- Handle all maintenance request or problems on client's property either through your home warranty or maintenance company (with client permission).
- Will bid and repair normal wear & tear clean up based upon your approval.
- Will collect additional pet fees and have tenants sign separate pet addendum with owner's permission.
- Will not accept any pet that would negate owner's insurance policy, as insurance companies do not allow certain breeds.
- A final computerized statement will be sent to total out your account.
- Lower fee schedule for lease renewals.
- Representative assistance available to tenants and owners 24/7 days week day in case of emergency.
Traditional Rental service and Rental Management Services & Fees
Our standard "Circle of Excellence" services all included plus the following:
- All rentals will be for 12 month plus terms
- 10% of the Gross Value of the lease as "fee to rent"
- 8% management fee or minimum of 150.00 per unit per month
Long Term Corporate Rental Management Services & Fees
Our standard "Circle of Excellence services" all included plus the following:
- All units will be furnished including house wares
- All units will have electronics included
- All units will include electric, cable, basic phone and internet
- All rentals will be for a min of 7 months plus terms
- 10% of the Gross Value of the lease as "fee to rent"
- 12% management fee per month
Short Term Corporate Rental Management Services & Fees
Our standard "Circle of Excellence" services all included plus the following:
- All units will be furnished including house wares
- All units will have electronics included
- All units will include electric, cable, basic phone and internet
- All rentals will be for a min of 30 days plus terms
- 500.00 "fee to rent" shared with fee finding companies
- 25% management fee per rental period
- Includes Weekly housekeeping
*One time program setup fee of $1000.00 required for the corporate rental programs. This fee includes setup of unit, Oracode 660K keyless system and installation service.
For Realtors
Asset Managers & Developers
New Development Planning and Analysis
Property Management
Professionalism & Personalization
| Miami Office 12550 Biscayne Blvd, Suite 602 North Miami, FL 33181 305.571.8530 Fax: 305.572.0705 |
Houston Office Phone: 713.493.7505 Fax: 281.657.7007 |
Affiliate Offices in Bogotá, Colombia, Caracas, Venezuela and London, England |
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