Leasing & Property Management Services
Three Price Points for Tenant Placement Only (TPO) Service
Flat Fee of $100
Birmingham Home Leasing provides Tenant Placement Only Service for a flat fee of $100 rent via “self-showing” service. For this TPO service, we provide unescorted access for the Rental Customer by supplying them with a lock box code after we verify their identity by checking their Driver’s License with the Department of Motor Vehicles (DMV). Click HERE to read about additional risk that the Property Owner assumes when using Rental Customer Self-Showing Service.
50% of the First Month’s Rent
Birmingham Home Leasing provides Tenant Placement Only Service for 50% of the first month’s rent via escorted showings only with our Company’s Licensed REALTORS. We will not list your rental property in the Multiple Listing Service (MLS) or offer a reciprocating commission with Cooperating REALTORS for this TPO service.
100% of the First Month’s Rent
Birmingham Home Leasing provides Tenant Placement Only Service for 100% of the first month’s rent via escorted showings with the Broker’s Licensed REALTORS and Cooperating REALTORS. We will place the property in the local Multiple Listing Service (MLS) and offer 50% of the first month’s rent to any Cooperating REALTOR that brings the Tenant accepted by the Property Owner. If “time is of the essence”, this is the quickest way to obtain a new Tenant. Please check with other Rental Companies, but it is our understanding that we are the only Property Manager in the Metro Birmingham area that lists rental property to the MLS and offers 50% of the first month’s rent to Cooperating REALTORS.
Conditions Apply for Leasing or Tenant Placement Only (TPO) Service
We list unfurnished properties with at least 2 bedrooms and 2 full bathrooms in our published service area. The property also must be appraised by us to rent for at least $1,100 per month in the “High Season”.
Leasing Service is not available to Owners who reside outside of the United States or Canada.
Fees for Optional Property Management Service
The Monthly Management Fee is determined by the age of the house as follows:
- $100 per month – 1 to 30 years old
- $150 per month – 31 to 40 years old
- $200 per month – 41 to 50 years old
- $250 per month – 51 to 60 years old
- $300 per month – 61 to 70 years old
Conditions Apply for Property Management Service
Property Management Service is not available to Owners who reside outside of the United States or Canada.
Policy Against “Add-On” Property Management Services
In the situation where a Property Owner wants to hire a Property Manager after a Tenant has been placed by them or another Broker, the Owner would be required by contract to transfer the Security Deposit to the new Broker. Birmingham Home Leasing will not accept the transfer of a Tenant’s Security Deposit when they did not perform a Move In Condition Report. Birmingham Home Leasing will not accept a Move In Condition Report from another party. Practically speaking, this policy prevents Property Owners from contracting for Property Management Service after a Tenant has been placed by them or another Broker.