We don't just
rent your property, we manage it!
CENTURY 21 New Home Galleria
Property Management saves you time and money while you
enjoy the income and tax benefits of owning rental
investment property. Benefits in hiring CENTURY 21 New
Home Galleria Property Management include:
Attracting Qualified Tenants
Advertising is often placed in The
Orlando Sentinel, Various Rental Guides, and with two
rental referral companies. In addition, tenants are
attracted through the Multiple Listing Services, the
Internet, local major employers and flyers to local
Realtors. Approximately half of our properties are rented
through a time-developed network of agent referrals.
Performing Background Checks of Tenants
One of the most valuable services
performed is checking tenants’ backgrounds. Credit,
employment, and financial status are reported through the
Credit Bureaus. The staff calls current and past landlords
and employers for verification information to be discussed
with the property owner.
Inspecting the Property
To protect the owner’s investment,
CENTURY 21 New Home Galleria Property Management arranges
inspections of the property before and after the tenant
moves in. In addition, inspections are made during tenancy
as needed. Plus, each tenant completes a move-in report to
insure a proper record of the property’s condition.
Arranging Maintenance & Repairs
CENTURY 21 New Home Galleria
Property Management provides company insured handymen at
reduced rates. In addition, licensed contractors are
called to make repairs on major air conditioning, heating,
electrical, and plumbing repairs. Except in an emergency,
property owners are notified of any repair that exceeds
$250.
Negotiating Rental Rates
Rent rates are negotiated to the
highest possible level depending on market conditions,
quality of the tenant, length of leases, type of property,
and the time of year. Although a tenant may offer a
certain rent rate, staff often must negotiate a higher
rate due to the circumstances. Setting proper rental rates
and maintaining a strong marketing effort has allowed us
to maintain a high occupancy rate!
Insuring Legal Documents
Leases and other documents used
adhere to the Florida Landlord-Tenant Act and clearly
explain landlord rights and tenant responsibilities.
Although background checks are made, occasionally tenant
problems arise. CENTURY 21 New Home Galleria Property
Management has an attorney available who often provides
free legal advice or services at a reduced fee.
Collecting Rent
Rents are sent to the property owner
monthly unless an expense prevents mailing all funds.
Tenants who have not paid their rent by the 5th of the
month are sent a late notice. Although evictions are rare,
CENTURY 21 New Home Galleria Property Management will
normally arrange the removal of a tenant from the property
should the rent not be paid in a timely manner.
Providing Monthly Accounting
Property owner checks and
computer-generated statements are mailed at the end of
every quarter. An annual end-of-year accounting is
provided to each property owner for tax reporting.
Property owners should check with their accountant to
verify the tax advantages when owning rental property. In
addition, other required reports are prepared for several
government agencies.
Conducting a Free Rental Analysis
A Rental Analysis helps determine
what the property will rent for on a long-term basis. It
is free to the homeowner who engages in a CENTURY 21 New
Home Galleria Property Management contract. The analysis
normally consists of visiting the property features,
evaluating the property and its neighborhood.
Recommendations are provided regarding repairs,
appearance, marketing ideas and a rent range. A Rental
Analysis can be arranged by calling our office 24 hours, 7
days a week at (866) 382-7400.
Starting Property Management
Services
Rental Analysis is not always
necessary to begin management, however, it can often
answer many questions. Normally, everything that is needed
to begin managing an owner’s property can be accomplished
in an hour at the property site. After a rental analysis
and/or discussion is completed, management can begin
immediately once a management or listing agreement is
entered into. If the owner lives out of town or cannot
meet at the property, we will arrange to take care of all
paperwork via email, mail or by fax.
CENTURY 21 New Home Galleria
Property Management
Call
407.382.7400
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