WHAT’S INCLUDED FOR FEES PAID
Management Fees
Management fees are charged on a percentage basis as the rent is collected.
Management fees are for our services in connection with:
- Attending to daily telephone, email and fax inquiries
- Timely rent collection
- A manager on call 24 hrs a day, 7 days a week, 365 day per year
- Organizing keys for viewing, inspections and repair vendors
- Writing and placing advertising in various media
- Attending to payment of various property expenses
- Collection of late rent through various legal means
- Lease enforcement with tenants
- Hand delivery of notices to tenants as necessary
- Attending to correspondence
- Organizing maintenance repairs and quotes
- Direct supervision by Property Managers who hold the prestigious designations of (PRM) Professional Residential Manager through the Florida Association of Residential Property Managers, Inc. (www.FARPM.com)
Leasing Fee
The leasing fees are for our services in connection with:
- Arranging, placement, recording and administering advertising and signage
- Arranging, taking and saving photos of your property
- Creation and placement of property flyers
- Uploading photos and property information to the various Internet marketing sites
- Arranging and conducting showing appointments with prospective tenants
- Keeping property owners informed of the showings and rental activity
- Administering lease applications and processing applications for tenancy
- Tenant screening via credit reports, eviction searches, criminal background check, sex offender checks, verification of former landlord references and employment verification of applicant
- Negotation the terms of the lease with prospective renters
- Organizing the new lease agreement and conducting itmes necessary for new residency
- Attending the lease closing with tenants, processing of lease including general information, rules and regulations for new tenants
Lease Renewal Fees
The leasing renewal fees are for our services in connection with:
- Extending tenants for an additional year of rental income for the property owner
- Encouraging management to preserve existing tenants, thereby reducing property owner expenses and increasing income
- Avoiding vacancy as much as possible
- Preparation of proper lease renewal documentation
- Review of market rents to adjust rents on lease renewals
- Timely renewal notices to residents, per Florida Statue, F.S. 83.
Thank you for choosing Sutton and Sutton Realty, Inc. to manage your investment property. We’ll earn our fees and we appreciate you business!
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