How much will your home rent for?
There are many reasons why Cleveland Real Estate Pros.com is your number one choice for property management in North East Ohio. We have a combined experience of 40+ years in the North East Ohio Real Estate market. We literally have helped hundreds of homeowners that thought there was no hope after their home did not sell.
Not only do we have the expertise to get lease rates at the ceiling of the market, we provide Un-Matched advertising for each client ensuring the fastest turnaround time to get your house rented, and for top dollar. We Advertise your home for rent on over 40 top real estate websites, use videos, and we Photoshop high-resolution pictures of your house to get the most income possible for your property.
It depends on the home condition, how much you want in rent, and what the local market will support. However, through our Un-Matched advertising, we provide quality tenants in 35 days on average, but it can be a matter of weeks or even days. If we have a good product (your house) we can move it faster and for a lower cost than any other property management company or brokerage in the city.
Since we specialize in single family homes we have our finger on the pulse of the market. Between using our own in-house private data, driving the neighborhood, and previous properties that rented in the area, and the specs/condition of your house, we formulate a rental rate that will attract quality tenants in 30 days with a full deposit.
No keys will be given out! Unlike other management companies that give tenants the lockbox code or keys, your property will only be shown to pre-qualified tenants by one of our professional leasing agents who have access and of course in-depth knowledge about your home.
Once the prospective tenant says; “I want to rent this house,” we employ several outside companies to our proprietary software program, will offer a recommendation, run a credit report, conduct background check, review employment history, rental history, and check local and national sexual offender databases. Upon that recommendation, we enlighten you with our findings, to help you make the final decision on your new tenants.
Tenants know that rents are due on or before the 1st of each and every month. The income is collected and posted to your account. Owners receive a detailed summary report, generated and mailed on the 23-25th of the month along with their proceed to check.
We have an in house maintenance division and specialized vendors that are qualified to handle any issue that may arise with the home. We do not mark up parts like other companies so you receive the best work at the best price if any issues occur. For even more control we offer a home warranty through globe home warranty protection.
There is always a risk that your tenant will not treat your home as well as you would. In general, though, damages past normal wear & tear are the exception.
In general, there is not a market for furnished rentals right now.
Tenants typically handle all lawn care and maintenance. We do offer full landscape services to you or tenant as an option.
No. Make sure to leave the utilities in your name until transferring over to the new tenant when they move in. If you cancel, there is a risk of damage during cold weather (e.g. plumbing, appliances, sump pumps) and it’s a lot more work getting them turned back own as a “new” service under the tenant’s name.
We strongly recommend that the house be vacant and rent ready at the time the advertising goes out. Statistics show a clean, spacious (no furniture), rent ready home allows the buyer to see the home at the spur of the moment and envision the home as their own. Being vacant also allows tenants a quick 2-4 week move-in date.
Yes, you should maintain a landlord policy on the property. The tenants can’t carry homeowners insurance since they don’t own the house, but we mandate all tenants to carry renters insurance for their personal belongings. It’s always a good idea to contact your insurance agent and let them know you’re renting the house and make sure you are protected.
Today. It’s never a good thing to wait until the last minute, especially in today’s economy. It’s a perfect time to start lining up prospective tenants.
Unfortunately, there are many agents and brokerages that have ZERO property management experience and definitely not specializing in the rental of single-family homes. A word of caution: they might not be licensed to manage properties.
Cleveland Real Estate Pros.com has competitive rates and the most comprehensive service in the city. For covering the initial evaluation, pictures, video, professional ad, distribution of that ad to over 40 top targeted websites, showings, tenant pre-screening, and document preparation, our rental commission is equal to the first month’s rent. Most other property management co’s and brokerages charge upwards of 8-10% of the monthly rent, every month! Our monthly management fee is only $79.
We ask owners to fund a $500.00 reserve account for any recurring or anticipated expenses associated with your home (e.g. hot water heater goes out, plumbing issues, etc.).
We have an exclusive Hybrid Real Estate System where we can simultaneously market your home for rent, rent to own, land contract, sale, or any other terms that are suitable to you that will provide the fastest possible solution in your current real estate market.
Request your no hassle, free residential property management quote below. Enter your subject property and contact info correctly and our team will be in contact with you as soon as possible.