Bob Hall will personally visit your property, do a market analysis and make a rent pricing recommendation, as well as any recommendations to help the property reach maximum rent range.
North Star Realty Property Management uses a variety of tools to advertise properties:
- MLSNI Multiple Listing Service - all properties are listed in this service which reaches 37000 real estate agents
- Newspaper Advertising - daily ads are run in the Daily Hearld and other local papers are used as appropriate
- Updates to all Real Estate Offices and Rental Services- a property inventory of all properties available for rent is faxed weekly to over 40 real estate offices and rental locator services in the area
- Individual contact with Real Estate Agents and Relocation Specialists - area real estate agents and relocation specialists rely on Cameron Property Management as a terrific source for their clients who need rental property
- 24-hour Answering Service - North Star Realty Property Management's phones are answered 24 hours a day - so a prospective tenant receives information any time a call is made
- North Star Realty Property Management staff available seven days a week to show your property to prospective tenants
- World Wide Web Site and instant on-line communication
North Star Realty Property Management is skilled at matching people and rental property. Services include:
- Thorough applicant screening, including a detailed application form
- Instant credit checks through a nation-wide credit bureau service
- Personalized interview of prospective tenants
- A check of references and previous rental history, as well as employment history
- Maintaining your property to look its best - allowing us to attract quality tenants who take pride in maintaining their rented homes
- Preparing and executing leases based on IL Real Estate Commission rules
North Star Realty Property Management has a computerized property management financial system and a proven track record of on-time rent collection
- Collect rent
- Immediate follow-up with any tenants on late rent
- Pay mortgages, homeowners dues, maintenance bills, taxes, insurance and any other requests from property owners
- Provide owners with a monthly computerized financial statement and a computer-generated check of the monthly net income
- Direct depositing to owners account in a local bank is an optional service
North Star Realty Property Management prides itself on taking care of your property in the best possible manner.
- 24-hour a day service - we are there in times of emergencies to minimize the problem
- Maintenance contractors who charge a fair price and give our clients preferential service -
- Advise on improvements that will help your property bring in maximum rent
- Supervision of all repairs and improvements
- Initiation and follow-through on any insurance claims for damage
- Move-in and move-out inspections, as well as tenant unit acceptance forms
- Periodic inspection of properties
- Maintaining good relationships with tenants
North Star Realty Property Management's goal is to keep you and your tenants informed
- Monthly newsletter to owners with information on the latest market conditions and other important information
- Quarterly newsletter to tenants - reminding them of items such as the need to change A/C filters
- Phone calls to owners in the event of major maintenance needs to property
- Monthly financial statement and earnings check
- Phone answered 24 hours a day to meet your needs
- Web Site and e-mail
SCHEDULE OF PROPERTY MANAGEMENT FEES
- One-time bookkeeping set up fee, to be established per property.
For single family homes the fee is $95.00.
For 2-6 unit buildings the fee is $165.00.
For 7-15 unit buildings the fee is $185.00.
Anything larger is negotiable.
- Leasing Commission - One half of the first months rent.
- Actual newspaper advertising costs.
- Monthly Management - 19% of the monthly gross income per building.