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5 Frequently Asked Property Management Questions in Orlando

5 Frequently Asked Property Management Questions in Orlando

As Orlando property managers, we get a lot of questions from our clients and prospective clients. Today, we want to share the top five most frequently asked property management questions in Orlando.

1. How much do you charge, or what are your fees?

We stay close to the industry standard. For finding and placing a tenant, we charge 75 percent of the first month’s rent. For ongoing management services, it depends on your portfolio and the size of your property. It’s typically between 8 percent and 10 percent of the monthly rent.

2. How much will my property rent for?

The amount you’re able to earn in rent will depend on a few things. We’ll have to consider the property condition, the location, and specifications such as the number of bedrooms and bathrooms the home has, and what the square footage measures. We’ll consider any upgrades to the property. These will be reflected in the rental rate we ask tenants to pay.

3. How does tenant screening work?

A great professional property management company will do a comprehensive credit check, criminal history check, employment verification, and income verification. We also do a nationwide eviction search to ensure we’re placing a quality tenant who will pay on time and maintain your asset.

4. How fast can you rent my property?

In today’s market, if your home is accurately priced and in good condition, we can rent it out in 30 days or less.

5. How does property management work?

Each company is different in how they operate. But, you should receive all the services mentioned on this list from day to day and month to month:

  • Compliance

  • Advertising

  • Marketing

  • Collection

  • Inspection

  • Prepping

  • Walk throughs

  • Screening

  • Reviewing

  • Signing

  • Briefing

  • Enforcing

  • Scheduling

  • Unlocking

  • Accounting

  • Filing

  • Maintenance

If you have any questions about property management, please don’t hesitate to reach out to us at The Listing Real Estate Management. 

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