At College City Realty we understand the care and time it takes to manage your investment. Below are services we offer when managing your asset.
- Pricing the property at the right market rent. Tuscaloosa is experiencing growth like we have never seen before. Knowing what amount to list for and when to adjust asking rent is key to your property’s success.
- Advertising. We push to a number of online platforms when listing your property. In today’s market you need to be competitive on a number of different sites. We also use traditional post and stake signs in the yard.
- Cost to the Owner. This will vary depending on the location and how many units. Full management services are normally between 7-10% of monthly rent. We also offer one time leasing service where we prospect, background check, secure deposits for the Owner and lease the property. Fee for this service is normally equal to one months rent. We also offer a “boots on the ground service”. If you just need eyes and ears to watch over the property but you maintain managing the property yourself.
- 3D Tours. Staying competitive in the marketing market is a crucial part of keeping your property rented. These days Prospects prefer up front the ability to tour the home before actually stepping into to view. Having a 3D tour will also rank your listing higher on online platforms and will get more clicks and exposure. This is highly recommended feature and usually best done on the onboarding process.
- 2D Floor Plans. One of the most frequently asked questions from our Tenants, prospects and especially the Co-Signers is, ” Do you have a floor plan?” Having a floor plan will set your property apart online from other listings and help lease in a timely fashion.
- Video Tours. CCR offers the advertising of a virtual tour to our YouTube Channel. Video tours will help lease your property in a shorter time frame and give the prospect a true feel of the property.
- Show the property to prospective tenants. Opening doors for prospects, scheduling showings and explaining the leasing process is very time consuming. We handle every aspect of this.
- Verify credit references and background checks of prospective tenants and secure guarantor agreements where needed. We also offer prospects the ability to apply online and pay Security Deposits online as well. This helps streamline the process.
- Lease and/or August pre-lease the property. This will vary by property use and Owner agenda.
- Collect rent. We take the hassle out of collecting and chasing monthly rent. We offer your tenant the option to pay rent online, automatic payments, credit cards and ACH payments.
- Monthly Owner Reports. Every month you will receive your payment with an itemized description of rents collected, expenses and maintenance performed. We offer a robust online portal that allows owners to view statements, year end financials for tax purposes and make Owner contributions as needed.
- Direct Deposit. We offer direct bank deposits of your money at your request.
- Handle all tenant issues. From property maintenance calls to subleasing we handle the process for you.
- Property Management Software. CCR operates out of Rent Manager Property Management Software. This helps us better manage your asset in a timely manner.
Please call us today to see what College City Realty can do for you. 205.345.2400
