- How will it help me to have you manage my property?
- Do I lose control of my property once you manage it?
- If my property is vacant, do I still pay a management fee?
- Do you manage only residential property?
- Do you charge the tenant a security deposit?
- What about a pet fee?
- Do you keep up with all of the changing rules and regulations regarding real estate?
- Do you carry insurance on my property?
- Do you qualify all tenants?
- How do you advertise vacancies?
- How do you handle problems after-hours and on weekends?
- Do you pay the bills for me?
- When do I get my monthly statement?
- What is your management fee?
- Does your Management Agreement give you exclusive right to sell my property?
- Are you licensed?
Answer: Your time is valuable. In most cases we are able to obtain the highest market rent for your property. We deal with late pays immediately and aim for a fast turnaround of vacant units. Our repair people offer us very competitive rates due to our continuing business with them.
Answer: No. We keep you advised of all developments and provide you with a monthly statement regarding the maintenance of the property. We will contact you to discuss major repairs and notify you if your tenant will be vacating.
Answer: Absolutely not. If you are not making money, we are not making money. We strive for a quick turnaround which will benefit both of us.
Answer: Residential property is our specialty but we also manage small commercial properties and have several apartment complexes in our portfolio.
Answer: Yes. This deposit is kept in our escrow account until the tenant vacates the property. The deposit is either returned to them or forfeited to the owner.
Answer: It is up to the owner whether pets will be allowed on the property. If your permission is given, we charge a $300.00 pet fee per animal. This fee is non-refundable and sent to the owner when the tenant vacates. The owner also receives a $25.00 monthly pet rent for each animal.
Answer: Yes. Our Principal Broker, Anika Dixon, is a member of the National Association of Residential Property Managers (NARPM). This organization is constantly monitoring industry changes.
Answer: No. You maintain your own insurance coverage. However, we will gladly recommend insurance companies that you can contact to help you.
Answer: Yes. We run several checks on all applicants – credit, criminal, sex-offender and terrorist. We verify rental history and employment. All applications are processed in our office and in most cases can be completed in 24 hours or less.
Answer: We start with a yard sign. We also list the property on our web site, the Arkansas MLS Listing and other on-line rental sites. We receive referrals daily from current and former tenants, owners and other agents.
Answer: Our phones are monitored 7 days a week and each tenant is provided with an emergency contact number for after-hours. Many times we can solve the problem over the phone.
Answer: Yes. We will gladly pay expenses and repairs for you provided there is sufficient cash flow from the property to cover this. If not, you may be asked to submit a check to cover the expenses.
Answer: Owner’s statements are mailed out between the 10th and 15th of the month. This gives us time to collect and deposit the rent check and pay all expenses.
Answer: 10% of the amount collected monthly. Example: If the rent is $400.00, we receive $40.00.
Answer: No, but if you are interested in selling your property, we are a full service Property Management Office and can assist you in all your property needs.