How We Work With Owners
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Inspection & evaluation of property to determine maximum rent under current market conditions and repairs necessary to prepare unit for rental.
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Strict screening
(income, employment, former residences, background check, credit check,
etc) of prospective tenants to ensure a quality tenancy.
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Lease execution and security deposit collection after qualified tenant is secured.
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Thorough collection of rents including meticulous follow through with late and final notices as necessary. **Tenant rent late fees go to the owner**
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Handling of tenant complaints, violations, correspondence and meetings.
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Maintain files on all tenants and properties.
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Financial accounting & monitoring of individual tenant balances including current charges, late charges, security deposits, and pet fees.
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Maintain complete financial records of each rental unit, including backup documentation for both revenues and expenditures.
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Preparation and submittal of monthly computerized owner’s statements giving details on income and expenses.
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Negotiate lease renewals and rent increases on a timely basis.
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Coordination
and follow through of eviction or delinquency proceedings as needed
(i.e. warrants for unlawful detainment of property, judgments, writs of
possession, forcible evictions, collections etc.)
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Inspection of properties vacated and disposition of applicable security deposits.
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Inspection of properties annually or bi-annually to assess general condition of unit & report suggestions for improvements to owner.
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Transfer of utilities
on behalf of the owner when unit is vacant. Provide new tenants with
information to transfer utilities to their name once rented.
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Placing of yard signs to facilitate the leasing effort (when allowed by HOA).
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Marketing to local businesses about available rentals.
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Advertise all available “for rent” properties on our comprehensive rental list, the local MLS, CraigsList, and on our website at www.essentialagents.com where we include multiple photos of the property.
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Arrangements to make homes available to prospective tenants, every day of the year except for major holidays.
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Accompany all prospective tenants on the showing of each home.
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Entering into lease agreements as agent for the owner, utilizing a lease that complies with the Residential Rental Agreement laws of North Carolina.
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Communication and correspondence with owners as it relates to their tenants, property and monthly financial statements.
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Remit I.R.S form 1099 to owner at end of each year which reflects gross income collected during the year.
LOCALLY OWNED & OWNER OPERATED!