Property Management in Birmingham AL – Rent Collection Service Only $1 per Day

 

Birmingham Home Leasing offers Property Owners more choices and better pricing for Leasing and Property Management in Birmingham AL.  Since we started, in 2014, we have leased over $50 Million in property without an Eviction, and our Rent Collection Service only costs $1 per day.

 

We do not assume that rentals only exist for people who cannot qualify for a Mortgage.  The average Tenant that we placed in 2016 had a FICO Credit Score of 720+.  In addition, these Tenants documented income of over $250,000 per year.  If you cannot sell your property, you can now lease to someone who can qualify for a Mortgage.

 

 

Leasing Service for 25%, 50% or 100% of the First Month’s Rent

 

Birmingham Home Leasing offers three levels of Leasing Services depending on how involved the Property Owner wants to be in the process:

  • 25% of the First Month’s Rent – “Open” Listing – Owner advertises the property and shows their own property.
  • 50% of the First Month’s Rent – “Open” Listing – Broker or Owner advertises the property, but the Broker shows the property.
  • 100% of the First Month’s Rent – “MLS” Listing – Broker only advertises the property and only Licensed REALTORS® can show the property.  This is an “Exclusive Right” Listing.

 

Leasing Service is defined as all of the services that are needed to find, screen and place a well-qualified Tenant.

Leasing Service includes:

  • Advertising the property
  • Showing the property
  • Taking Applications from Potential Tenants
  • Screening Potential Tenants
  • Automatically declining unqualified Applications on behalf of the Property Owner
  • Forwarding all qualified Applications to the Owner for review and approval
  • Drafting a copy of the Lease for both parties to review and approve
  • Presenting approved copy of Lease for both parties to sign online
  • Requiring Tenant to provide the initial funds to execute the Lease in the form of Cashier’s Checks
  • Move-In Inspection
  • Lease Renewal

 

 

The Advantages of the Traditional MLS Leasing Service for 100% of the First Month’s Rent with 50% Going to Cooperating Agents

 

We are often asked how we find Tenants with such high credit scores and have never had an eviction.  It is no secret that the answer to the question is our MLS Leasing Service.  When you use our MLS Leasing Service, we offer 50% of the First Month’s Rent to the first Agent who can bring a qualified Customer.  The Multiple Listing Service (MLS) is the local Broker Cooperative where Agents list properties for sale and for rent and offer commissions to other Agents for bringing the Buyer or Renter.  Placing your rental property in the MLS for all Agents to show creates the sense of urgency and the fear of loss in Rental Customers that is necessary to quickly rent a property.

You may be surprised to find out that many Property Managers do not offer 50% of the Brokerage Fee to Cooperating Agents to help them quickly find you a Tenant.  This means that you are completely dependent upon the Property Manager that you list with and their Agents to get the home leased.  Many times it takes longer to find a Tenant with this method than listing with a Broker who also lists your property to the MLS and includes other Agents which creates competition.  Most of our Customers use our MLS Service when it is important to find a Tenant as quickly as possible.  If you’re not in a hurry to find a Tenant quickly, you might as well use our Non-MLS Leasing Service for 50% of the First Month’s Rent and save money.  There is no need to pay another Property Manager 100% of the First Month’s Rent if they’re not going to offer half of it to Cooperating Agents.

 

 

Basic Property Management Services for Only $30 per Month

 

When the Broker continues assisting the Property Owner after the Tenant is placed, this is referred to as Property Management.  Property Management Services are optional and you are not required to pay for our Management Service in order to use our Leasing Service.  Birmingham Home Leasing offers two levels of Property Management Service depending on if the Owner wants to be involved in ordering repairs and maintenance service.  Most Property Owners would like the benefit of having the Broker collect the rent, provide accounting, conduct a Move-Out Inspection, and escrow and return the Tenant’s Security Deposit without authorizing the Broker to order repair and maintenance services.  This collection of services is now available for only $1 per day or $30 per month.

Basic Property Management Service for $30 per month includes:

  • Rent Collections
  • Accounting
  • IRS 1099 Service
  • Escrow Service
  • Move-In plus Move-Out Inspection Service

 

 

Traditional Comprehensive Property Management for 5% of the Monthly Rental Rate

 

For Property Owners who prefer the Traditional Comprehensive Property Management Service, we charge 5% of the monthly rental rate.  Compare this price to many of our competitors who charge 10% of the monthly rental rate.

Comprehensive Property Management Service includes:

  • Rent Collections
  • Accounting
  • IRS 1099 Service
  • Escrow Service
  • Move-In plus Move-Out Inspection Service
  • Broker to order repairs on behalf of the Owner on a case by case basis after the Owner reviews and approves a quote.  There is no Repair Reserve required.

 

 

Discount Sales Services for Only 3.5% with 2.5% Going to the Buyer’s Broker

 

Many Property Owners dual list with us For Sale and For Lease at the same time.  We offer Discount Sales Listing Service at 3.5% commission with 1% going to us and 2.5% going to the Buyer’s Broker.  If you’re currently listed for sale with another Broker, it is not necessary for you to cancel your Sales Listing in order to list with us for rent.