| Property Management
Pando Realty LLC Management Services
Leasing
· Advertising of available properties through the local and regional newspapers, referrals, Realtors, the Internet, and yard signage.
· Carefully screen tenants through researching and verifying prior landlords, employers, credit bureaus and checking for criminal background.
· We negotiate the lease terms without you being on the front line with the prospective tenant.
Maintenance
· Supervision of property repairs and maintenance.
· We keep Owners best interests in mind.
· Only qualified repair people and companies are allowed to work on properties. Each pre-selected by Pando Realty LLC to ensure fair pricing and quality workmanship.
· Competitive bidding on major repairs requiring Owner approval before authorizing.
· 24 hour phone service for emergency repairs.
· Periodic property inspections to ensure everything is in order and the tenant is in compliance with the lease agreement.
Accounting
· Collection of monthly rent when due.
· Monthly checks.
· Monthly statements and paper checks mailed within 12 days of receipt of rent.
· Monthly statements include any repair work paid.
· All expenses reviewed and paid on time, as funds available.
· Prior notification on major expenses and repairs.
Communication
· Weekly Owner phone or email updates during vacancies.
· Copies of all lease agreements sent to Owners.
· Written bids sent for prior authorization on improvements.
· All phone calls returned within 1 business day
· 24 hour emergency phones available for Tenants.
· 24 hour fax line and email.
Our Guarantee
· If you are not 100% satisfied with our services at any time, for any reason, cancel us, no questions! Ask the competition if they have a guarantee like this.
· We will minimize your personal time, stress and aggravation, while maximizing property’s potential.
· We will be here when you or the Tenant need us.
Service Fees
· Professional service fees to Pando Realty LLC are structured to fit your property and occasionally vary from the below rates dependent on the type, condition, location and rental rate.
Our monthly management fee:
· Homes: 10% of the gross rent collected ($75 minimum)
· Multi-Units: 10% of gross rent collected ($50 minimum fee)
Our fee for leasing the property to a new tenant:
· Homes: 1/3 of the 1st months rent ($300 minimum fee)
· Multi-Units: 1/3 of the 1st months rent ($200 minimum fee)
Start up monies required at Commencement of the Agreement:
· If the single family dwelling is vacant, $300 representing a $200 operating owner reserve and a start up fee of $100 to establish the account and set up.
· If occupied or partially occupied, depending on they type of property, an operating owner reserve of $200 plus a start up fee of $75.
Some important items to consider when comparing our fee structure to any other management company:
· No hidden fees, everything disclosed up front.
· Minimum start up fee of $100.
· Minimal lease renewal fee of $125.
Multiple property concessions: For each new property that a client brings to us, we credit the first months management fee for free. We also will give a free months management fee for referring new property owners to us!!! Please read and review the Management Agreement for additional information and explanation of our service fees.
For more information on Property Management, Call 505.243.5600
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