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Outline of Services
ADVERTISING
The Woods Group
uses many different media venues of advertising to rent/lease your property.
We utilize the Arizona Regional Multiple Listing Service (MLS), which is
viewed by all the realtors in Maricopa County. In addition, our
“Media/Marketing” package includes advertising on the top rental websites as
well as
our own company website. Our “Media/Marketing” packet is available upon request. The charge for
this monthly program is minimal.
TENANT SCREENING
Through our tenant screening
regimen, we make every effort to help insure that your tenant will not only
pay rent
on time, but also take
good care of your investment. Our tenant screening process includes
obtaining a full credit risk report, criminal background report and a
resident history report through the tenant’s previous landlord which verify on time rent
payments, as well as the condition of the home at move out.
While it’s
important for us to keep your property occupied, our experience shows that
it is more important to be selective about your tenant. In the long run you
will benefit because your tenant will probably stay longer and take better
care of the home.
FINANCIAL SERVICES
·
Owners are able to review their current and previous monthly property
financial statements as well as any applicable documents 24/7 on a secured
area via our web site (www.TheWoodsGroup-pm.com).
You will also have the ability to communicate any questions via your secured
site to our accounting department regarding your monthly financial
statements and receive a response within 24 hours during the work week.
Please do not call our property managers with the accounting questions as
they do not have the accounting financials at their disposal. If you wish to
contact us, please call our accountant at 480-516-0641 x304, or email at
Taz@TheWoodsGroup-pm.com.
·
The rental(s) disbursement checks will be electronically transferred to the
owner’s bank account. This will expedite the rent money to the owners
versus snail mail that can take up to 10 days to get to the east coast. We
will need your bank account and routing number.
If you wish to contact us, please call our accountant at 480-516-0641 x304,
or email at
Taz@TheWoodsGroup-pm.com.
· Tenants
have the ability to pay rent on time via mail, on-site dropbox, or over the
phone with credit/debit card..
MOVE IN & MOVE OUT INSPECTIONS
Upon occupancy,
a move in inspection is made by the Property Manager and new tenant. Minor
repairable items are noted and scheduled for completion. Some discrepancies
such as worn carpets or other defects are noted so the occupant will not be
held responsible when vacating the property.
When the tenant moves out another inspection is
completed by the Property Manager. Any repairs deemed to be the tenant’s
responsibility are completed and deducted from the security deposit. The
property is then cleaned and advertised for rent.
PROPERTY INSPECTIONS AND REPAIRS
Periodic
drive-by inspections may be conducted (at the discretion of management) to
insure the property is being maintained in a satisfactory condition. Should
there be any discrepancies, a corrective action letter is sent to the
occupant and follow up inspection is completed within 72 hours. Repairs are
coordinated and followed up in a timely manner. We have negotiated
substantial volume discounts and pass the savings on to you. The Woods
Group Home Maintenance is a subsidiary of the The Woods Group Property
Management. Our maintenance team will deliver better service, provide
competitive pricing and are available 24/7.
RENTS
Rental surveys
are done on a continuing basis to insure that our owners are always
receiving optimum rent for their properties. We maintain a comprehensive
data base of area rentals for up-to-date analysis of market rental rates.
Rents are due on
the first of the month and delinquent after the fifth. We make every
reasonable attempt to cooperate with a good occupant, to insure rental
payment. Should an occupant become delinquent, our procedure is set by law
to complete the eviction process. The advantage of using a professional
property manager is that we can expedite the process and do it for far less
cost.
RATES
We charge 10% or
$100.00, whichever is greater, of the monthly rent. Ask us about a multiple
property discount. A set up fee of $195.00 and a $500.00 reserve
($300 if home warranty is in place) will be paid upon signing of the
management agreement. When a new tenant is procured for the property a
“leasing fee” with a $645.00 minimum is due. Other charges which may be
applicable under special circumstances will be set forth in the management
agreement. Our management agreement does not contain any mandatory
provisions requiring you to use our services or pay commissions when it
comes time to sell the property.
You deserve
competent property management with a commitment to protecting and enhancing
the value of your asset.
Tenant Obligations
LEASE
1. A
lease is a contract for a given period of time. It is NOT a month-to-month
agreement.
2.
The tenants are guaranteeing that they will pay rent for the duration of
your lease. Please note the dates on the lease.
BASIC
RENT
1.
Rent is due by the 1st of the month and delinquent after the 5th.
2.
Late charge - If rent is not received within five (5) days after the due
date, there is a late charge of $10.00 per day.
3.
Check
return - If a check is returned the tenant receives a $35.00 insufficient
funds charge. If two checks are returned for insufficient funds, we will
only accept cash, money order or cashier’s check. We reserve the right to
refuse to accept personal checks after receiving any NSF payments.
4.
Partial
rent - Partial rents are not acceptable unless prior arrangements are
approved. Rent must be paid in full including all additional charges.
5.
If rent is
not received within five (5) days after the due date, the tenant will be
served with a 5-day-notice to pay late rent. If tenant does not comply with
notice, the account is turned over to attorney for court action to obtain
possession and a judgment for the money owed. As per their lease agreement,
the tenant is liable to reimburse owner for attorney fees and court costs
incurred when obtaining judgment.
6.
Collection
- Any balance left unpaid may be turned over to a collection agency and will
be filed with Credit Bureau Services reflecting on the tenant’s credit
rating.
UTILITIES
Tenant will be
responsible and must have all services put into their name by move-in date,
unless certain services are provided and specified in lease.
LANDSCAPING-TREE, SHRUBS, LAWNS
Water
and maintenance shall be the tenant’s responsibility. Any replacement
necessary because of tenant’s negligence will be charged to the tenant.
REPAIRS
1.
Owners will not pay for any unauthorized tenant repairs. Tenant maintenance
repair request can be filled out and emailed via our web page (www.TheWoodsGroup-pm.com)
or be called into The Woods Group “Property Management” at 480-516-0641.
2.
Any repairs that are caused by tenant will be charged to tenant. (i.e. a
child puts a toy down the toilet and plugs it up.)
3.
Tenant is responsible for changing refrigeration and heating filters. They
should be changed once a month. If they are not changed this damages the
unit by allowing dirt to collect on the condenser coils. The tenant will be
charged for cleaning the coils and any resultant repair.
4.
Extermination - we do not spray for bugs. Arizona has an extremely healthy
bug population including crickets, roaches, scorpions and black widows which
thrive in our climate and can only be controlled by monthly spraying. It is
the tenant’s responsibility to spray for bugs.
MONTH
TO MONTH TENANCY
Tenant is not allowed to pay on a per day basis. Rent will only be accepted
for a month. Perorations may be made for partial month occupancy.
KEYS
Tenant signs off
on a “key log,” noting types and quantities of keys given. The same keys
must be returned. Actual cost will be billed to tenant to replace keys.
WALK-THROUGH
A walk-through
inspection checklist will be provided to tenant upon move in. This
checklist must be completed and returned to office within 5 days. It is the
tenant’s responsibility to notify management in writing of any defects as we
may hold tenant responsible for any damage that is not listed on the walk
through report. Management conducts its own inspection before move in as
well.
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