Property Management in Birmingham AL
Birmingham Home Leasing offers Property Management in Birmingham AL to Property Owners in South Jefferson and Northern Shelby Counties. We have a new and unique approach in that we lease only to Rental Customers with at least a Fair Credit Score (FICO 620+ on the Mortgage Model) and no serious Active Account Delinquencies showing in their Credit Report. As a Property Owner, your greatest insurance against late payments and/or property damage is leasing to a Tenant with a good credit score. The average Tenant that we placed in 2017 had a FICO Mortgage Model Credit Score above 735. Since Birmingham Home Leasing began in 2014, we’ve leased over $50 Million in residential property without a Property Owner ever needing to evict a Tenant.
Average Time to Place a Tenant
In 2017, the average time it took us to place a Tenant was 25 days after showings began and/or from the time the last adjustment was made to the advertising price. (Some Owners initially advertise at what they know is above market value and then adjust down to market value later).
Special Leasing Service
If you are a Property Owner who is already advertising your property “For Rent by Owner” online, then for the purpose of showing your own property and obtaining your own Tenant, then you can benefit from our experience in screening Tenants for only $50. In context, Leasing Service here means screening the Tenant and preparing and executing the Lease. We only charge you $50 for this service. Your Prospective Tenants would pay us directly for the Application Fee in the amount of $45 each. If they do not qualify according to our Published Minimum Requirements for Lease Approval, then we would decline their Application on your behalf and you would owe us nothing (see details).
Tenant Placement Only (TPO) Rental Listing Service
If you want us to handle all of the advertising and property showing, then we have two Rental Listing Services available. The cost of the Rental Listing Service depends on whether you require that a second Agent potentially be paid. A Non-MLS (Multiple Listing Service) option is only 50% of the First Month’s Rent and the MLS option is 100% of the First Month’s Rent. When we charge 100% of the First Month’s Rent for a MLS Listing, we will split that with a Cooperating REALTOR if they bring the Prospective Tenant that you approve. Check with each Property Manager to see if they will list your property to the MLS and if they do, what percentage commission split they pay to the Cooperating Agent.
Optional Property Management Service
Monthly Management is optional and only costs $50 per month. Monthly Management includes:
- Rent Collection and Transfer
- Monthly and Annual Accounting
- IRS 1099 Service
- Escrow and Return of Tenant’s Security Deposit
- Ordering Maintenance and Repairs
Please check with each of our competitors for an actual quote, but to the best of our knowledge, we advertise the least expensive prices on Leasing, Listing Service and Property Management in Birmingham AL.
Birmingham Home Leasing serves Property Owners of single family detached dwellings (with at least 2 bedrooms and 2 full bathrooms) in selected zip code areas in South Jefferson and North Shelby Counties. All rental properties to be listed must be in good condition and be appraised by us to rent for at least $1,100 per month. Other conditions apply for properties 31 years old or older. (Please note that BirminghamHomeLeasing.com displays rental listings from Cooperating Brokers that may not necessarily meet our listing requirements).
For more details on our Leasing, Listing and Management Services, please go to our Leasing, Listing & Management Services page.