Aim Realty Inc - How It Works
Lease Management Agreement
It's really quite simple: you pay us a management fee of 7% of the monthly rent rate every month and a leasing fee for a new lease equal to one month's rent. There will be a $100 fee for an existing lease renewal.
We sign a Management Agreement and we get to work.
The first thing we do is lease your property. We have agents on duty to personally show your property. Also your property will be listed with the Multiple Listing Service to make it accessible to every other Realtor in the area.
After the property is leased we provide you with accurate and timely accounting. Statements will be deposited with the post office no later than the 10th of each month or no management fee will be assessed. You should have your monthly disbursement before your mortgage payment is due.
That's about all there is to it except to say that we keep you informed every step of the way. We have a monthly comment in each statement which lists pertinent information about the tenant or status of the property. Should a major expense arise, generally over $200.00, we will contact you for approval before the work is done.