There are two good questions any homeowner in the process of making a decision about leasing a home in the Atlanta metro area should ask: - Why should I use professional property management?
- Why should I employ 3 Options Realty?
 Your decision to investigate leasing your home is most likely based upon an expected financial benefit. Our property management company strives to maximize and then sustain competitive market rents. We do our best to get the financial benefit you desire. We also have a duty to you to protect your investment, so that it continues to make money for you, years down the road.
While we are a progressive property management company, we are selective about who we serve. Our objective is to give personal service to both our landlords and our tenants. Unlike the industry norm, we do not hand over our operations to a staff. Rather, each pairing of landlords and tenants is assigned a sole agent. This agent handles all aspects of home leasing and property management for your account. When you employ us, you are free from day to day property management chores. All you need to do is cash the monthly rent check. We really do the rest! But what does it cost you to employ our services, and what services do we offer? We charge eight percent of the gross monthly rent proceeds as a management fee. For that we do the following: Manage the tenant: - Collect maximum monthly rents.
- Collect maximum amounts for security deposits.
- Collect maximum amounts for pet deposits (if applicable).
- Use a real estate trust account to process and retain all deposits. (Please ask us about this very important feature.)
- Service tenant periodic needs.
- Process contract terminations, and evictions (if necessary).
- Insure compliance with Georgia landlord/tenant laws.
- Insure compliance with federal/state fair housing laws.
Manage the Property (the investment): - Conduct comprehensive move-in and move-out inventories.
- Conduct periodic property inspections.
- Coordinate minor maintenance services.
- Coordinate major maintenance services with owner consultation.
- Coordinate utility services between occupancies.
- Generate a monthly financial report.
- Generate an annual financial summary.
- File Form 1099-MISC with the IRS.
Then, when it’s time to find a new tenant, we charge one month’s rent for these services. For that you get the following: - Professional market research to determine fair-market rents.
- Professional advice on preparing the property for maximum results in marketing.
- Broad market advertising (multiple listing service, company website, and internet syndication with 88 websites).
- Skilled showing of property to prospective tenants.
- Employment of a universal lock box to maximize showing opportunities.
- Professional signage to attract drive by applicants.
- Comprehensive rental applicant interview.
- Extensive applicant background screening (credit, employment, residential history).
- Expert negotiation of rental agreements.
- Professional drafting of custom rental agreements.
- Careful conduct of move-in/move-out inspections.
But what is probably most important is how much money you save. We do not charge a management fee during periods of vacancy, as most property management companies do. We can afford to not charge such high amounts because we maintain good customer relations with our tenants over the lease term. This is also possible because our comprehensive applicant screening process results in minimized management tasks, and simplified and efficient renewals, so we can return these cost to you as savings. Additionally, if we can keep a tenant for subsequent terms, you save big money avoiding the inevitable costs of sprucing up the property for marketing. We, at 3 Options Realty, are concerned with fostering an ongoing business relationship with both you and our tenants. We are less concerned with short-term financial benefit to the company. We have a long-term view. We want you to be so satisfied with our services that you cannot wait to refer us to friends and family with a similar real estate need. In pursuit of this company goal, we realize that our reputation is on the line every day. We are comfortable with that, and we think you will be too. Finally, we do not cloak our incidental operating fees in legal gobbledygook. We announce them right up front so you know what you’re getting when you make the decision to hire us. We believe this makes for a more sustainable relationship, because there are no surprises once we are under way. Our business model is built on this fundamental precept. You may find some property management companies that will offer to do some services for less than we offer, but we believe that nobody can do them better. This is because of our unique business model, where the same agent does both the leasing and the property management. Uniquely, at 3 Options Realty, your agent will know you, your property, and your tenant. This awareness minimizes confusion. And confusion is the most frustrating part of managing residential property, for both owner and property manager. If you have questions about any of these fees, please contact us, we’ll gladly explain the benefit and the necessity. While our main office is located in Roswell, we have agents that live all over the Atlanta Metro area. Property management for 3 Options Realty is agent centric, meaning our landlords and tenants are best served by agents that live in or near the communities that they manage and lease. We principally serve Georgia home owners in the Atlanta area, including the communities of Gainsville, Cumming, Dacula, Alpharetta, Roswell, Acworth, Canton, Smyrna, Vinings, Sandy Springs, Norcross, Duluth, Lilburn, Lawrenceville, and in the counties of Douglas, Fulton, Clayton, Henry, Fayette, and Dekalb. |