Q: What types of properties does Core Values Realty manage?
A: Core Values Realty manages any type of residential property including single-family homes, townhomes, condos, multi-plexes, and multi-family units.
Q: What services does Core Values Realty provide?
A: Core Values Realty is one of the few full-service property companies that focuses exclusively on property management. Almost all of our competitors are traditional real estate brokerages that happen to have a property management presence. We provide elaborate marketing campaigns to get your property maximum rental exposure. In addition, we run nationwide criminal and credit background checks as well as income/employment verification on every prospective tenant to make sure we are finding you a qualified renter. Beyond that, we sign the lease with the tenant, enforce the lease, collect rents, rapidly disburse rental proceeds to our owners via electronic transfer or check, and aggressively chase down rent when tenants don’t pay on time. We also inspect your property multiple times annually on an interior and exterior basis to ensure the property is being properly taken care of by the tenants. In addition, we have in-house maintenance solutions to address any maintenance issues that may arise and we are one of the few companies that also allows our owners to coordinate their own maintenance if they choose. Lastly, in the unlikely event of an eviction, we have a state-of-the-art Eviction Protection Plan that covers eviction costs for you.
Q: What does Core Values Realty charge for these services?
A: Core Values Realty has the most simplistic and cost-effective fee structure in the marketplace. For multi-plexes and multi-family units, please contact us so we can provide you a custom quote. For all other single-family homes, townhomes, and condos, we have a low, one-time setup fee, which covers all of your advertising until we find this initial tenant for you. This fee is in stark contrast to all of our competitors that collect a lease-up fee which equates to them taking 50-75% of the first month’s rent up front and then collecting that fee every time a new lease is signed on your behalf. There are NO lease-up fees anywhere in our model nor will there ever be! Secondly, our monthly management fee to manage your property 24x7x365 is a small percentage of the gross rents collected. That percentage is a number you will find to be standard nationwide with very little deviation.
Q: Who determines rent for my property?
A: Ultimately, the market determines the rental amount for your property and it is our job to provide you with good, reliable market information regarding market rent rates. As such, we will always recommend market pricing to you but we allow our clients to choose the price point.
Q: How long will it take to rent my property?
A: For all of our properties that are market-ready and priced at market rates, our average days on market is very low. For homes that are not in market-ready condition and/or or priced at above-market conditions, then it can take considerably longer to rent.
Q: Who pays for any maintenance that needs to be done on my property?
A: Unless the tenant is responsible for damage or is negligent with regards to property maintenance, then owners bear the financial responsibility of paying for repairs.
Q: Why should I choose Core Values Realty to manage my property/properties?
A: If you are looking for the best value in residential property management, you have found it! With a service offering that is as comprehensive as any in the market combined with the most cost-effective solution you will find anywhere, moving forward with Core Values Realty is a decision you, and your checkbook, will thank you for!