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RentSmart Program SellSmart’s Full Property Management Services
The dedicated property management team at SellSmart Lone Star Real Estate has the experience to provide full property management, brokerage, leasing and renovation services for investment properties in the San Antonio and surrounding area. We have the staff and tools and the expertise to accommodate a wide variety of real estate investment and management requirements. Whether you have a single family home, a duplex or triplex, or 500 to 1000 apartment home units, our management experts at SellSmart Lone Star Real Estate know what it takes to service your properties, and we deliver.
From property maintenance to keeping your units occupied with quality screened tenants; from lease preparation and execution to operating in accordance with state and federal law, our team will help keep your revenues up, and expenses down. Our team helps you save money by:
•Minimizing Vacancy *Screening Applicants *Property Inspections
•Providing Accounting *Preventing Disputes
At SellSmart Lone Star Real Estate we offer two services to landlords, a tenant placement service and full property management service. Please note that our full management package includes the tenant placement. Both services are the same up until the signing of the lease. With both services we will:
* Market your property with all available resources including:
* Sunday newspaper advertising in the Local Newspaper
(including the online classifieds).
* Placement in MLS (Multiple Listing Service); we co-broker with other Realtors at no additional fee to you. Through MLS our rental inventory goes to Realtor.com and all other nationwide web sites that pull data from MLS. We also display your property on our own website. We place our distinctive full panel yard signs.
* In addition, because of our constant advertising, we gnerate hundreds of calls per week from prospective tenants.
•Show your property to prospective tenants.
•Screen all applicants with a credit check and criminal background check as well as verifying all rental references and employment history.
•Lease preparation using lease documents and addendum made by the Texas Real Estate Commission and Texas Association of Realtors.
If we are placing a tenant, we would collect the security deposit and first months rent, our fee would be the first months rent, and you would receive the security deposit along with the original lease and paperwork. The lease would instruct the tenants to pay you directly after the first months rent and to call you for any maintenance requests. You would be responsible for holding the security deposit in accordance with Texas State law.
If we manage the property we also:
• Hold the security deposit in accordance with State law.
• Take a photographic record of the move-in condition of your property
• Collect the rent on a monthly basis and send you a monthly statement and check for your proceeds (all accounting is done in-house so turn around time is fast)
• Periodically inspect the property
• Handle maintenance requests using licensed and insured repair people
• Enforce terms of lease
• Inspect the property upon move out and handle deposit claims or refunds.
• Handle and disburse all funds in accordance with Federal and State law
• Issue 1099 forms for Federal tax compliance
The fee for full management is 8% per month as the rents are collected. You do not pay a placement fee and a management fee; our full management service includes the tenant placement. Both services are inclusive; you do not pay any additional fees for marketing or lease preparation. There are no upfront fees; we do not take any fees until your property is rented. If you have any further questions or would like us to send you more information, please do not hesitate to call. Our fee for full management on currently occupied properties is 8% per month. This rate would stay the same as units are turned over.
If all this sounds interesting, contact us for a no obligation quote.....210-494-7355
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