Best Palos Verdes Property Management | PV Brokers

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 2, 2011 -- PV Brokers Residential is dedicated to providing quality property management services to our clients. As a boutique agency in Palos Verdes for Residential Property Management, PV Brokers provides the following services for Single Family Residences, Town homes, Condominiums, and two to four unit residential apartments:


Specialized customer service
Extensive marketing and leasing platform
Market surveys to determine optimum monthly rent
Maintenance and asset preservation
Tenant credit and criminal background checks

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Best Palos Verdes Property Management | PV Brokers

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http://www.pvbrokers.net/propmgmt.html

Monthly deposit of rental collection into homeowner’s preferred account
Prompt eviction service if needed
24 hour 365 day emergency service
Brokerage services if requested for the purchase or sale of real estate
Coordination between HOA Management and Rental Property Management
CAR Forms which are regularly updated and approved by NAR legal department


Our Management Fees


Our standard Management Fee are only applied if the rent revenue is collected.

If your home is vacant we will find a well qualified tenant for a one-time leasing fee which includes confirmation of employment and credit and criminal background checks.
A reserve fund is received and held in the Broker’s Trust account to quickly respond to maintenance issues.
In the rare case of eviction, we outsource to an eviction service company with no markup on cost.
There is no set-up fee required to get started.
Advertising Platform


A rental listing will be added to the Multiple Listing Service (MLS) exposing the property to thousands of real estate agents.

Your vacant property will be included in all of the following websites: Realtor.com, Google, Yahoo!, AOL, Craigslist (top-posted every Mon, Wed, Fri), WestsideRentals, Zillow, Trulia, Local.com, Hotpads, Postlets, ListHub, our own website www.pvbrokers.com, and approximately 50 other websites through syndication. Our advertising platform is optimized to ensure that your listing is at the forefront on each browser when an applicant is searching for rental property.
Yard signs are placed in strategic locations (where allowed) to attract attention to the property.


Statements and Accounting


Complete Cash Flow Statements on a monthly basis using Yardi Property Management software. Yardi is the global leader in asset and property management software and accounting.
Supply electronic monthly rental statements along with direct deposit to your account.
At year-end, PV Bokers will provide you with Form 1099-MISC and a year-end summary for tax reporting purposes.


Rental Payments

Rent payments are due on the first calendar day of the month.
All new tenants are required to pay rent via ACH transfer agreement which automatically withdraws rent payments from the Tenant’s checking or savings account.
If rent is not paid by the fifth day of the month the door will be posted with a three day pay or quit notice on the morning of the sixth. JRealty has established relationships with eviction service companies to quickly resolve tenant delinquency issues.

While our evictions are processed timely and renters not paying will be evicted as soon as possible, our pre-screening requirements dramatically reduce the likelihood of eviction occurrence.


Screening Tenants


Each tenant must complete an application and must provide employment and other applicable information.
All tenants will be screened using Screening One. This system simultaneously tracks criminal and Equifax credit history for anyone moving from any part of the United States.
Most Tenants are required to have a minimum FICO score of 650 and a Rent-to-Income ratio of 33% or lower.


Property Inspections

The home is inspected and photos are placed in the property file before each tenant takes possession of the home and upon move out. We complete a CAR Form MIMO (Move-In Move-Out) form upon move in to subject property and upon move out.
Each home is inspected semi-annually or upon evidence that the tenants may be in violation of their lease. Photos are taken at each inspection to document the results of the inspection.


Property Repairs and Maintenance


Repairs are completed on a timely basis as the tenant or homeowner requests them. We will notify the owner of the property in advance of any repair that exceeds $200.

We markup work performed by vendors. We are happy to use your vendors and we do solicit multiple bids on larger projects in order to ensure costs are kept a minimum.


Pets


Most families have pets. Your home will be marketed to a much larger group if you do not exclude pet owners as potential residents.
A pet deposit of $300 will be collected. If the pet deposit is not sufficient to offset damage caused by the pet the security deposit will be retained to make up the difference. Should the security deposit not be adequate the tenant is personally liable for the costs of all damages the pet may have caused.
Utilities and HOAs

If your property is a Single Family Residence, it is most common for the Tenants to pay for water, power, gas, and trash disposal. The owner usually pays taxes, mortgages, HOA dues, landscaping, pool service and sewer.
If you have a Condominium or a Town House, it is common for the HOA to pay for trash and water, and therefore the Tenant will not be required to pay for these utilities.
Copies of HOA rules and regulations will be provided to each tenant during the signing of the lease agreement. The owner is responsible for the payment of HOA dues.




Security Deposits


Tenant Security Deposits are held in a non-interest bearing trust account. JRealty adheres to all California state laws regarding the handling and use of security deposits.

Tenants forfeit deposits for breaking a lease or causing damage. Should a tenant cause more damage than the security deposit can cover, the account will be sent to a collection agency for collection. There are no upfront costs for using these services.


PV Brokers Residential Real Estate presently provides Palos Verdes Property Management , Torrance Property Management, as well as Manhattan Beach Property Management.


Getting Started is Easy!

Call us. We will discuss your needs and then send you our Property Management Information and Agreement Packet.

More information can be found online at http://www.pvbrokers.net/propmgmt.html