I’m a Realtor, why do I want to refer my

I’m a Realtor, why do I want to refer my clients to a Property Manager?

Your Client is your livelihood and the desire is to build the relationship with the client for life. Because we are licensed to handle a transaction, doesn’t mean we should. Part of being a successful Realtor is knowing when to refer your client.

There are so many behind the scenes aspects to Property Management. Dabbling in Property Management and not being aware of those aspects can expose you, your Broker and your client to unnecessary liability and potentially ruin that relationship you worked so hard to build.

If your focus is listing and/or selling, your clients will appreciate and utilize you when they have the need to buy or sell. We would not try to sell our client a commercial property if we didn’t know anything about commercial Real Estate. Property Management is the same thing. Why risk losing your client by handling something you are not familiar with?

At Austin Fleck Property Management we guarantee that agents will retain their clients. We will simply be contracted to handle their Property Management needs.

 

It’s Not Personal – It’s Business – No m

It’s Not Personal – It’s Business – No more horror stories of it taking six months to get a non-paying tenant out of your rental home. Our leases state that rent is due on the 1st of the month and there is no grace period. (What is the point of a grace period really? You may as well say the rent is due on the 5th if you are going to give a five-day grace.) As your Property Manager I don’t feel that your money is mine to give as charity. If the tenant doesn’t pay their rent on or before the 1st of the month – on the 2nd (or next business day if the 2nd falls on a weekend or Holiday) a “Five-Day Notice” is sent to the tenant to begin the eviction proceedings. The tenant has the opportunity to bring their account current during this period which would cancel the eviction proceedings. (The notice is sent via Certified Mail and we need to allow five calendar days for receipt of this notice by the tenant before the five-day notice begins.) Should the tenant fail to pay during this time frame of approximately 10 days past their due date, we proceed with securing a court date with the Judge for Judgment and Eviction. By taking this immediate action with a non-paying tenant we can typically be through the court process and have the non-paying tenant removed from the property in less than 30-days. The primary benefit to you is that it minimizes your vacancy time. As you know, vacancy is often the most expensive thing we can experience as an owner of a rental.

Want to learn more about this process and our management services? Contact Susan at Austin Fleck Property Management. 480-361-6105 or visit us on the web at http://www.austinfleck.com.

 

Check out Austin Fleck Property Manageme

Check out Austin Fleck Property Management’s new video with an owner sharing why he prefers Austin Fleck Property Management http://www.youtube.com/watch?v=YcBm8mYeJOo

 

Things to consider when moving from homeowner to renter

The new reality for many Arizonans is that home ownership is shrinking, and more people are renting. In reflection of that change, DEScriber is offering a new column on Arizona Rental Rights.

It will provide up-to-date information for everyone who rents an apartment, house or even a mobile home. It will contain topical subjects to help our state employees, family and friends, and will also provide valuable information for individuals who serve as managers or landlords.
The columns will be written by Andrew Hull, a Phoenix attorney who specializes in Tenant/Landlord law, and David Peterson a 21-year employee of DES in the Disability Determinations Services Administration. Mr. Petersen has a background issues affecting both tenants and landlords.

Both are co-authors of Arizona Rental Rights: A Guide Book for Tenants, Landlords and Mobile Home Owners.

The biggest change people encounter when moving from homeowner to renter is coming to a realization: They are now subject to the Arizona Residential Landlord and Tenant Act.

You can obtain a copy of the Landlord and Tenant Act online from the Arizona Secretary of State’s Office.  The Act basically dictates the rights and remedies available to both sides in a rental agreement.

Someone who is a first-time tenant may not be completely aware of these laws. Failure to comply with the law could result in legal action that would jeopardize their lease agreement, their right to tenancy, and possibly their credit rating.

For example:

• Any notices regarding rental property or lease agreements must be spelled out in writing.
• They must be either hand-delivered or sent to the landlord by certified or registered mail.  Verbal notification will not be recognized in a court of law.
• If you have repair issues, you cannot simply refuse to pay your rent, and you cannot simply fix the repair yourself and deduct it from your rent payments – unless you properly notify the landlord, as spelled out above.

If a landlord is properly notified but fails to make the repairs, tenants have certain remedies. They can:

• Terminate the lease and move out.
• Hire a licensed and bonded contractor to make the repairs and then deduct a certain amount from their next month’s rent
• File a lawsuit to recover the diminished rental value if a landlord does not properly make needed repairs that affect health, safety and other essential services.

Another important issue involves security deposits that most landlords require from a new tenant:

• They cannot exceed 1 1/2 times the monthly rental value.
• Tenants can’t use that deposit as “payment” for their last month’s rent. Deposits are there for the landlord to use as compensation for damages beyond normal wear and tear at the termination of the tenancy.
• For this reason tenants should document the condition of property when they move in, both in writing and with photos.  This should also be done at the end of the lease, when they move out.

Please keep in mind: Even if you don’t the law you still must abide by it. Therefore it is important that you get a copy of material that addresses your rights and remedies.

Article by Attorney Andrew Hull

http://www.doctorevictor.com/index.php/main/news/things_to_consider_when_moving_from_homeowner_to_renter

 

 

here’s that link again, http://www.yout

here’s that link again, http://www.youtube.com/watch?v=cHHBAVArrXw
“Terry Loses Fight with Golf Ball”

 

Check out our newest video on Youtube:

Check out our newest video on Youtube: “Terry Loses Fight with Golf Ball”
visit us on our website at http://www.austinfleck.com

 

Are You a Man or a Mouse? – One of the m

Are You a Man or a Mouse? – One of the most difficult aspects of managing your own property is collecting the rent. You thought teenagers cornered the market on excuses such as “My dog ate my homework”. No Way! Tenants will often come up with any excuse to not pay the rent on time. Examples I have heard are… “I broke my leg.” “I wrecked my car”. “I had to go to a funeral”. “I was diagnosed with cancer.” Please don’t misunderstand – I am not saying for a moment that these circumstances are not unfortunate or even horrific, but remember, this is your investment! If you called the bank with any one of these excuses as a reason to not pay your mortgage, would they let you skip a month? Of course not! I also understand that times are tough – we are all struggling in this economy. But, your rental property is your business and needs to be managed like one! Allowing the tugging at your heart strings is not a good business decision. All the more reason to hire a Property Manager. This can remove the personal aspect of feeling sorry for the tenant at your expense and allow your rental property to be managed professionally. This is not to say that you can’t be a charitable, compassionate, giving person. It is simply financially planning and doing your charitable giving on your terms and when your budget allows.

 

Successful Realtor, @Tiffany Cloud, with

Successful Realtor, @Tiffany Cloud, with @HomeSmart weighs in on why she prefers @Austin Fleck Property Management as her referral source for her client’s property management needs. Visit http://www.austinfleck.com for more details about our services.