FAQ's - Property Management ASK ABOUT OUR REFERRAL PROGRAM AND 8% SPECIAL

1. How much do you charge to rent my property?
   $250 – Initial Setup Fee. This is a one-time fee which is due when the Property Management Agreement is signed.
   $250 – Reserve Account Balance. This must be maintained at all times for the normal payment of minor expenses on behalf of the Owner. At no time will approve any expenses above $250 without Owner’s prior knowledge and consent. Management Fee - 10% charge of monthly rent paid. Discounts are given if an Owner has 3 or more properties which are all managed by RE/MAX Properties. Marketing fee – 50% of the 1^st month’s rent is paid to RE/MAX for marketing and advertising the property. Leasing Fee $400-$500 or more depending on how fast you want it rented will be paid to agent that procures a tenant for the property and  part to the agent,  who does the move in as it will generally take about an hour to go over the lease and take pictures. Lease renewal fee-$250.00. This fee is due once tenant renews their lease agreement.
2. How much will my property rent for?
   We can recommend a rental amount through a comparable market analysis and by inspecting the property. Please contact RE/MAX Properties for your free market analysis.
3. What does the Initial Setup Fee include?
   - Market evaluation
   - Property Inspection
   - Property Evaluation and report
   - Digital Photos from property evaluation
   - Initial setup for Owner including all info regarding homeowner association & home warranty
   - Marketing and Advertising for prospective tenants
   - Running Credit checks on all prospective tenants
   - Coordinating and signing lease and are necessary paperwork for new tenants
   - Collecting deposits and rents
   - Arranging move-in for tenants
   - Scheduling 6 month drive-by
4. What is my obligation as the property Owner?
   Meet all obligations to maintain services for tenants’ full use of property per Nevada Revised Statutes and Landlord Tenant Act
   Maintain an emergency reserve of $250.00 which will be replenished monthly from collected rents.
   Understand tenant refundable deposits are tenant’s property except in cases of renter default or damage caused by renter holding RE/MAX Properties harmless of consequences resulting in tenant action including defaults, damage or liability.
5. Does RE/MAX Properties pay my mortgage?
   No, we do not make payments for mortgages, homeowners association, taxes, or insurance on behalf of the client. All payments associated with the property are the responsibility of the Owner.
6. Who will schedule repairs if need at my property?
   If any repairs are needed we will immediately send someone to the property in order to inspect the issue. Unless there is an after hours emergency, we will not authorize repairs greater than $250 without your prior approval. If it is an emergency and you are not able to be reached, we will make the best decision in order to mediate the problem.
7. How does RE/MAX Properties screen their tenants?
   It is our goal to obtain the highest qualified tenants. We conduct a background check including credit, employment and rental history. Once a tenant has passed the screening process, RE/MAX Properties will present qualified tenants to the Owner's for final approval. RE/MAX Properties abides by the Fair Housing Act and does not discriminate against any applicant or tenant based on race, color, creed, religion, national origin, handicap or family status.
8. What type of Lease does RE/MAX Properties use?
   RE/MAX Properties uses the GLVAR board forms. We strive to secure a minimum of one year lease unless otherwise specified or approved by the Owner. At lease signing we will go over the entire lease with the tenant and answer any questions they might have.
9. What type of deposit does RE/MAX Properties require from the tenants?
   We require one month deposit and first month rent prior to move-in. This payment is accepted only in the form of a cashiers check or money order. Each payment thereafter can be a personal check. Dishonored checks will be charged a fee and from there on, only certified payments will be accepted.
10. Should I allow pets?
    Most families do have pets. It is easier to rent a property if you do allow for pets. If it makes you more comfortable, you can set guidelines for the pets (i.e. under 20 lbs or cats only, etc.). If you do allow pets, it is normal to require a nonrefundable pet deposit of $250. We do ask for pet references from the potential lessee.

CALL FOR OUR SUMMER SPECIAL TODAY!!!