Tenant Placement Service
Benefits of Our Service
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Not all rental property owners want nor may need full residential property management services.
However finding and qualifying a tenant for a house, condo, or apartment building can be a tedious task. Having to deal with dinner time showings, cancelled appointments, or worse no shows is all but good.
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This is why here at Terra Equity Management we offer professional tenant placement services. Our team uses proven methods to find you a qualified tenant saving you time, money, and frustration which will result in absolute satisfaction. There are no upfront fees and you only pay for results.
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What We Provide
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1. Professional Rental Price Analysis
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Knowing how much to rent out your property can be difficult and directly affects the end result. Pricing to too high will lead to longer times on the market costing you time and money, and pricing it too low will affect your ROI. We use a comparative analysis approach as well as factor in current market trends to price your property accordingly ensuring efficiency while maximizing the rental amount.
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2. Online Syndication Marketing
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Utilizing multiple real estate syndication networks maximizes exposure. A separate listing will be published on each real estate website and mobile application.
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These sites include Zillow, Hot Pads, Trulia, & Realtor.com
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3. Diligent Inquiry Management
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For best results, prospective tenants need to be responded to immediately and at all hours. We respond to inquiries as soon as they come in by messaging, calling, and texting them and pre-screen all prospective tenants in the process
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4. Professional Agent-Guided Showings
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A rental property needs to be available to be shown to prospective tenants as soon as they are available to view it. Each showing will be handled professionally by a licensed agent which can save time and result in greater interest in the property.
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The majority of tenants say they are more comfortable working with a licensed third-party during the initial leasing phases
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5. Complete Application and Tenant Screening
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All applicants are required to complete an application and go through an extensive qualification process. Both credit and background checks are conducted, their income and employment is verified, and we reach out to references such as previous landlords.
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All completed application packages that meet our requirements are submitted for your review so you to make an informed decision and approve the applicant of your choice.
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6. All Leasing Paperwork using C.A.R Forms
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It is important to have a robust lease that will protect your interests as a landlord as well as comply with CA tenant-landlord laws, regulations and guidelines. This is why we draft all leases and disclosures using forms provided by the California Association of Realtor
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The latest versions of forms such as Residential Lease Agreement, Lead-Based Paint Disclosure, and among others are used.
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7. Communication, Communication, Communication!!!
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One the most common complaints among landlords is the level communication property managers or leasing agents provide. Communication is paramount, especially when facing challenges or obstacles.
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We provide activity updates multiple times per week and include information such as showing schedules, showing feedback, inform you on how the rental process is progressing and weather or not any adjustments need to be made.
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Lite
Tenant Leasing Fee
50% of 1 Month's Rent
Standard
Tenant Leasing Fee
60% of 1 Month's Rent
Premium
Tenant Leasing Fee
75% of 1 Month's Rent
Service | Lite Package | Standard Package | Premium Package |
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Rental Price Analysis | Yes | Yes | Yes |
Online Syndication Marketing | Yes | Yes | Yes |
Diligent Inquiry Management | Yes | Yes | Yes |
Professional Agent Guided Showings | Yes | Yes | Yes |
Complete Application & Tenant Screening | Yes | Yes | Yes |
C.A.R Leasing Paperwork | Yes | Yes | Yes |
Professional Photography | Yes | Yes | |
Premium Online Listing | No | Yes | |
Move In/Out Inspection | No | Yes | |
Project Management | No | 20% of Remodel Costs | 15% of Remodel Costs |
Preferred Contractor List | No | No | Yes |