Homeowner/Investor
Do you love investing, but not managing?
Did you know tenants are more likely to pay a company than an individual?
Do you know the Fair Housing Laws?
Do you know the Nevada Property Code?
How do you advertise your property?
Did you know 95% of tenants search online?
Thank you for considering Realty Executives Property Management to manage your home. Simply put, our business depends directly on the satisfaction of our clients. We will provide you the best customer service while keeping you informed every step of the way. Never disappointing, our team is ethical, honest, and dependable. Our company will manage every aspect of leasing your property and take every measure necessary to reduce the time the property is vacant. As experienced investors, we know and understand first hand what’s required to manage, maintain and oversee your real estate investment.
Potential tenants will be able to see the property online. We enjoy working with tenants and strive to make all transactions worry free for you. We have maintenance people that we use on a regular basis. We know and trust their service. Your home is important to us and we strive to help maintain the home for you!
Services we provide in the management of your investment:
INITIAL CONSULTATION
Property Manager will discuss current market conditions and provide Comparative Market Analysis to assist the owner in determining market price for the home.
INITIAL INSPECTION
Once the property is under management an inspection will be completed to determine if the home is rent ready or if changes need to be made. Photographs will be taken for use in the marketing campaign.
MARKETING THE PROPERTY
Marketing the property to prospective renters through the use of:
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Multiple Listing Service
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Realtor.com
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Craig’s List
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Automated Housing Referral Network (Military)
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For Rent signs where allowed by HOA
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Network of Leasing Agents
SCREENING POTENTIAL TENANTS
Realty Executives will pull all three major credit reports, obtain the rental history and verify employment. Owners are then consulted and the decision is made jointly by Manager and owner in compliance with all Fair Housing Laws and standards.
LEASING
The lease will be prepared for tenant’s signature and security deposit will be collected which will hold property until the move in date. The move in condition of the property will be documented by taking photos of the home prior to move in and having tenants fill out move in checklist.
INSPECTIONS
Realty Executives will perform drive by inspections of single-family homes. If problems are found, tenants will be advised of the need to correct the issues. Interior inspections are performed upon request at renewal of the lease.
RENT COLLECTION
Rent is due on the 1st of each month and is considered late after the 5th. A $50 late fee notice will be mailed to the tenants and a five day notice to pay or quit will be posted on any properties where rent has not been paid by the 10th of the month. Realty Executives will coordinate eviction proceedings should rent remain unpaid.
REPORTS
Monthly statements, invoices and rent checks are mailed to the owners approximately the 10th of each month.
IRS Form 1099 will be mailed each January.
A summary of the monthly reports that include yearly expenses and revenue will be provided upon request.
COSTS/FEES:
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Our charge for setting up and leasing the property is a flat fee of $200. There is also a required deposit of $250 for the building reserve, which is refundable if not used.
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Once the home is leased, we charge a fee equal to 10% of the monthly proceeds to manage the home.
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The fee to the Broker representing the tenant is $300.
FAIR HOUSING STATEMENT:
Realty Executives Property Management is a Fair Housing participant and does not discriminate based upon race, creed, color, religion, national origin, handicap or familial status.
REQUEST COMPARATIVE MARKET ANALYSIS:
Please contact Property Manager, Brad Murray at bradmurray@realtyexecutives.com or at 702-992-7846.
