Andrews Realty
Real Estate Sales & Property Management
PROPERTY MANAGEMENT
Full service management
1. Tenant Management: Screening potential tenants to find reliable ones. Handling tenant relations, including lease signing, renewals, and addressing concerns or complaints. Managing tenant move-ins and move-outs, including inspections.
2. Rent Collection: Collecting rent from tenants on time. Managing late payments and, if necessary, initiating eviction proceedings.
3. Property Maintenance and Repairs: Scheduling and overseeing regular maintenance, we have a solid list of trusted vendors of all trades. Addressing repair requests from tenants and coordinating with contractors. Conducting regular property inspections to ensure everything is in good standing with your property.
4. Financial Management: Managing the property’s finances, including setting rental rates based on market conditions. Handling property-related bills, such as utilities, insurance, HOA, taxes, etc. Sending proceed ACH deposits and a detailed email of anything that went on with the property for the month.
5. Legal Compliance: Ensuring the property and leasing agreements comply with local, state, and federal laws. Handling legal issues, such as evictions, tenant disputes, and property damage claims.
6. Marketing and Leasing: Advertising vacant properties to attract new tenants- we advertise on sites like: Zillow, Trulia, Hot pads, etc. Showing the property to prospective tenants and answering their questions.
7. Administrative Tasks: Keeping records of all property-related activities, including maintenance, repairs, rent collection, and tenant communications. Handling tax-related documentation for the property and sending owner 1099’s at the end of the year.
SALES: Full Service
For Sellers:
1. Pre-Listing: Property Evaluation: Conduct a market analysis to determine the property’s value and suggest a competitive listing price. Prepare the Property for Sale: Advise the seller on improvements or staging to make the property more attractive to buyers. Listing Agreement: Draft and sign a listing agreement with the seller, detailing the terms and conditions of the sale.
2. Marketing the Property: Create Listings: Develop and post property listings with detailed descriptions, photos, and videos on various platforms like MLS (Multiple Listing Service) and social media. Advertising: Promote the property through online ads, social media campaigns, open houses, and flyers to attract potential buyers. Host Showings and Open Houses: Arrange and conduct property tours, answering questions and addressing concerns from potential buyers.
3. Managing Offers and Negotiations: Review Offers: Present offers to the seller and help them evaluate the best ones based on price, financing, contingencies, and closing timeline. Negotiations: Act as an intermediary to negotiate terms, including price, closing costs, and contingencies, ensuring the seller gets the best deal.
4. Transaction Management: Coordinate Inspections and Appraisals: Schedule and manage home inspections, appraisals, and repairs if needed.
5. Prepare for Closing: Ensure that all necessary documents (disclosures, title reports, etc.) are completed and in place for closing. Close the Deal: Work with the title company, attorneys, and escrow agents to complete the transaction, ensuring a smooth closing process.
For Buyers:
1. Pre-Purchase: Understand the Buyer’s Needs: Meet with the buyer to understand their needs, budget, and preferences for a property. Pre-Approval Assistance: Help the buyer connect with lenders to obtain mortgage pre-approval, ensuring they are financially prepared to make an offer.
2. Property Search: Property Listings: Search for properties that meet the buyer’s criteria and send listings to the buyer. Arrange Showings: Schedule and conduct showings of potential homes, explaining key features, pros, and cons of each property.
3. Making an Offer: Advise on Offers: Help the buyer determine a competitive offer price based on the market analysis. Submit Offers: Prepare the purchase offer and present it to the seller’s agent, including contingencies like financing, inspection, and appraisal. Negotiate Terms: Represent the buyer in negotiations, working to secure the best possible price and favorable terms.
4. Managing Due Diligence: Coordinate Inspections: Arrange for necessary home inspections (e.g., general inspection, pest, or structural inspections) and review the results with the buyer. Appraisal: Ensure that the lender’s appraisal aligns with the offer price to avoid financing issues. Contingency Management: Help the buyer navigate contingencies, such as resolving repair requests or addressing financing issues.
5. Transaction Process: Review Documents: Guide the buyer through contract review, ensuring all legal and financial obligations are understood. Closing Preparation: Coordinate with the title company, lenders, and other parties to ensure all paperwork is in order for closing. Final Walkthrough: Conduct a final walkthrough of the property before closing to ensure everything is in order.
6. Closing the Deal: Attend Closing: Assist the buyer at the closing meeting to finalize the transaction, ensuring that all documents are signed and funds are transferred. Post-Sale Support: Follow up with the buyer after the sale to address any remaining questions and provide guidance for future needs.
