Do you charge anything to place a tenant?
Please see your RPM Management Agreement for a schedule of fees.
Leasing Fees:
The leasing fees are for our services in connection with:
Arranging, placement, recording and administrating advertising and signage.
Arranging, taking, and saving videos of your property.
Creation and placement of property flyers.
Uploading photos, video, and property information the various internet marketing sites.
Arranging and conducting showing appointments with prospective tenants.
Keeping property owner informed of the showings and rental activity.
Administrating 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.
Negotiating the terms of the lease with prospective renters.
Organizing the new lease agreement and conducting items necessary for new residency.
Attending the lease closing with tenants, processing of lease including general information and rules and regulations for new tenants.
The Leasing fee covers Rental Advertising & Setup, Leasing Process, and Lease Signing as outlined below.
A - Advertising & Setup - Fee covers the time it takes to setup and build the marketing strategy and advertising for a property. This includes researching and including the average utility cost, school zoning, marketing photography using watermarked pictures to avoid scams, writing the marketing description, and organizing and preparing the property file. Manager will submit property advertisement to multiple websites, (including some paid website advertising) as well as manual-entry websites. Examples of manual websites can include Social Media, Craigslist or any other special manual-entry websites. The websites posted to are chosen at the discretion of the Manager, and are based upon market intelligence indicating which websites are providing the highest number of inquiries at the time. Manager will perform a rental comparative market analysis to determine proper pricing. Additionally, fee includes providing a video walkthrough to give you an “edge” over your competition. Other possible items included at the discretion of the manager are special self-show lockboxes designed for rentals and a For-Rent yard sign. Lastly, weekly communication to the owner regarding on-market status updates so the Owner and Manager can make informed decisions on pricing strategies. Manager reserves the right change advertising methods and services based upon technology constraints and individual property characteristics.
B - Leasing Process - In addition to the rental advertising and marketing strategy, manager will show the property by appointment and/or scheduled through an online scheduling system. This fee covers scheduling showings electronically and by phone, and processing credit/background/eviction checks.
C - Lease Signing - The manager can provide an updated lease prepared by an attorney in accordance with California State Law. Lease signing will be performed by a California Real Estate Licensee.