Simplified Pricing To Increase Owner Cash Flow
House2home Properties is not the cheapest and definitely not the most expensive, but we provide the most value and get the job done. Our service and pricing are structured to give the owner more cash flow by reducing vacancy and turnover. Property management is a nickel and dime business. To be profitable, we need to be extremely efficient and keep properties rented.
We keep fees as low as possible. We believe that owners receive the highest value for all that we offer as a professional management company. We believe in giving more value than what we’re paid for and don’t charge junk fees like set-up fees, computer fees, and management fees when a property is vacant. These junk fees just rob the property of cash flow. We believe in total transparency, so all of our fees are listed below along with the reason we charge them. There are no other hidden fees for owners to pay.
| Full Service Professional Management | |
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Monthly Management Fee This is for the day-to-day management including rent collection. If rent is not received, this fee is not due.
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9% (We offer a multiple property discount.) |
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Leasing/Tenant Placement Fee This is to place a new tenant in the property. A considerable amount of time and expense goes into getting a property rented. This fee is for the expense and work it takes in marketing your property, producing videos and virtual tours, screening applications, scheduling property showings, securing a tenant, preparing a lease, meeting with tenants and collecting funds, etc. (Some property managers charge up to a full month’s rent as a Leasing/Tenant Placement Fee, we offer a lower rate to increase the owner’s cash flow.)
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50% (of one month's rent) |
| MARKETING THE PROPERTY | |
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Rental Analysis Analyze the rental market to properly price your property.
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Included |
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Pre-Market Property Evaluation We evaluate the property to ensure that it's rent-ready so that it will attract a quality resident.
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Included |
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3-D Virtual Tour This is a $200 value. We produce 3-D virtual tours that are so realistic, it's like being right there in the home. 3-D Virtual tours gets homes rented more quickly and is included at no additional cost.
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Included |
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Video Walk Thru Tour In addition to our 3-D Virtual tour, we also produce a walk through video at no additional cost.
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Included |
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High Quality Property Photos Our pictures are high quality and edited to capture the home's amenities.
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Included |
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Extensive Internet Marketing We market all homes on the top rental websites including Zillow, which is now a paid subscription.
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Included |
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Self-Showing Technology We offer residents a self-showing option where they can view the home on their schedule. Advanced technology is used to verify the prospect's identity using their driver's license & other information.
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Included |
| TENANT PLACEMENT | |
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Online Application Applicants experience a smoother application process with our online application.
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Included |
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Exclusive Applicant Screening Tool We developed a screening tool that selects the best applicants every time. This also ensures compliance with Fair Housing.
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Included |
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Pet Screening Applicants are required to complete a pet application to ensure that our pet requirements are met.
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Included |
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Lease Preparation Our custom lease templates are drafted by an experienced real estate attorney specializing in landlord/tenant law.
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Included |
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eSignature Services Management agreements, leases and addendums can be e-signed by all parties.
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Included |
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Co-Brokerage Commission In the event that a licensed real estate agent brings us a qualified tenant, 100% of the agent's commission will be paid by House2home Properties.
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Included |
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Utility Coordination A one-time $75 fee will be charged if the owner elects to have House2home Properties turn water & electric services on/off. This is for the time it takes to turn utility services on and off with the utility companies (who have frustrating hold times), for paying utility bills and deposits, and for depositing utility refunds.
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$75 |
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Move-In Home Evaluation A move-in property evaluation will be performed to document the condition of the property when a tenant takes possession of a home.
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Included |
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Move-Out Home Evaluation A move-out property evaluation will be performed to document the condition of the property when a tenant vacates a home. The owner will receive a professional report detailing the evaluation as well as a “punch-list” of any necessary repairs required to make the home rent-ready.
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Included |
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Resident Welcome Gift Residents receive a welcome gift from us at move-in. This care package is helpful to the tenant during the move-in process and begins the rental relationship on a good note.
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Included |
| PROPERTY MANAGEMENT | |
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Lease Enforcement We treat everyone equally and enforce the terms of the lease. If there is a lease violation, we take action to get it resolved.
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Included |
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Default/Violation Notice Preparation In the event of a rent default or lease violation, we will prepare and deliver the proper notice to the tenant at no cost to the owner.
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Included |
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24/7 Maintenance Support A Maintenance Coordination Fee of 3% of the vendor’s invoice will be charged for maintenance requests submitted by tenants. This fee is for the additional insurance and expense required in coordinating maintenance. Note: Coordinating repairs and dealing with vendors is similar to the duties of a general contractor. As soon as we assign a vendor a repair, House2home Properties immediately takes on liability and requires additional insurance which is similar to that of a general contractor. The discounts we receive from our vendors will often more than offset this fee.
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Included |
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Security Deposit Processing We will process the tenant's security deposit including imposing a claim and disbursing a refund.
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Included |
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Lease Renewal Process This fee is for the work it takes to renew and retain a tenant including surveying the market for a rent increase, preparing the lease renewal letter, and getting ALL tenants in the property to sign the lease (which can be a difficult process).
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$200 |
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Annual Property Evaluations Should the owner request a property inspection while a property is occupied, we hire a 3rd party inspector to perform a property assessment. This is because we do not believe it’s a good idea for the management company to perform inspections while a resident is occupying a property. Residents may feel like we are “checking up on them” and find offense when viewing things like unmade beds. It is important for us to keep good long-term relationships with residents. By hiring a neutral 3rd party professional, we remain neutral and less intrusive.
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$129 |
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Prompt ACH Owner Payments The owner's rent is deposited in their bank account electronically with no processing fees.
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Included |
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Owner's Portal Owners have their own online portal to retrieve leases, documents, statements and receipts.
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Included |
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Resident Portal Residents have their own online portal to pay rent, view their balance and payment history, eSign leases and make maintenance requests.
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Included |
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Online Rental Payments Residents can conveniently pay their rent online so there is no excuse for paying late.
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Included |
| FINANCIAL REPORTING | |
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Monthly Statement Owners receive a monthly report detailing the income and expenses of the property with copies of any expense receipts.
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Included |
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Annual Statement Owners receive a year-end statement which is laid out like the Schedule E tax form making it easier at tax time.
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Included |
| WARRANTIES | |
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No Eviction Warranty In the event of an eviction, we will pay the attorney fee to file the eviction. We are so confident in our applicant screening that we can offer this warranty at no additional cost to the owner.
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Included |
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Leasing Warranty If a tenant does not fulfill their first year's lease and vacates, we will lease up the property with no Leasing/Tenant Placement Fee.
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Included |
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Satisfaction Warranty If you are not completely satisfied with our management service, you can cancel our agreement with no cancelation fee.
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Included |