Property Owners FAQs

The decision to lease your home can be a difficult one because finding the right Property Management Company you can trust with your home can be difficult. We’ve been in the Property Management Business for over 10 years and have the professional experience you need whether you are leasing your home as an investment property or because you have been unable to sell it. At NPM we do things a little differently than some of the other Property Management teams.  You may have some questions about leasing your home. Below are some answers for you. If you have a question that is not here, please feel free to call us (786) 358-0013 or contact us.

What is the rental value of my house?

There is no set formula to determine the rental value of your home. The best way to get the answer to “How much rent can I get for my property?” is to talk with a listing agent about your specific property. We will do comps based on area, size, age, value, etc. for your home. Please contact us for a no-cost, no-obligation estimate on your home’s rental value.

How long does it take to get my house leased?

Average days on market vary according to several factors:
• time of year
• price range
• location
• cosmetic appeal
• cleanliness

We will be happy to discuss current days on market with you. They are typically 30 to 45 days. We will give you a professional assessment of your home to let you know if anything needs to be done to rent it more quickly.

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How will you market my property?

Our website, professional yard signs, relationships with relocation companies, insurance companies, large and small corporations and real estate agents all over the nation will all bring potential renters to you.

Your home will be shown to a variety of highly qualified tenants looking for middle-to-upper class housing options in the Miami area.

Will just anyone be touring my home?

We will personally show your home. Other realty property management companies give out your key or unaccompanied access to your home. Not us. We look at a tenant from your standpoint; you want someone who will care for for your home and pay rent on time, but we also look at a potential tenant from our standpoint; we will have a relationship with them and if they are going to be a problem, they will be our problem first.

How do I know that the renters are qualified?

Because we focus on mid to  upper bracket homes and clientele in Miami, a lot of the lessees have been homeowners so there is a higher commitment to maintaining your property. One of the keys to success in this area is professional screening. We use a professional screening company to verify the information on the application. We screen applicants by:
• Securing a national credit report on each adult resident
• Checking with current and previous landlords and asking specific questions regarding payment history, number of tenants, status of pets, condition of the home, if there were complaints from neighbors, and whether the landlord would rent to the applicant again.
• Reviewing their employment history
• Requesting a background and criminal check

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Do you require realty property management services with your tenant locating service?

No, you can use just our “Lease Only” services. Our Lease Only Program is for property owners who only need a qualified tenant and not our property management services. We find the tenant and you do the rest.

Learn more about our leasing services.

Do you have the lowest fees in town?

We believe so! There are different ways to price realty property management. For example, one company may charge you for all advertising including websites and newspapers but have a lower leasing commission charged to the owner. Another company might charge a lower management fee but not offer the same services that another company offers. We believe we are able to give you the best price by maintaining a low overhead but without sacrificing exceptional service and professionalism. We also believe we can offer years of knowledge and expertise that will get your home rented for the highest rent possible along with the best quality renter. We know that every week your home sits vacant it is money out of your pocket. We feel that we offer a great service package while offering the best rates possible. View our rates.

Why do you need us to be named as an additional insured on your homeowners policy?

This story illustrates the main reason: A client whose insurance company would not add the property management company as an additional insured had a tenant bring a lawsuit related to mold. The Realty Property Management’s insurance company defended them and the owner’s insurance company defended the owner. The case was settled for a token amount but the Realty Property Management’s insurance company’s cost of defense was about $20,000. The Realty Property Management’s insurance company is now going after the owner to get reimbursed. This owner is still a client with the Realty Property Management company, but he is mad at his insurance company for refusing to protect him in this case. If his insurance company had added the Realty Property Management Company as an additional insured then they would have defended both of them at the same time and the owner would not have to pay the insurance company’s legal fees to defend what was a frivolous claim.

Ready to have National Property Management Group lease your home? Call (786) 358-0013.

Contact us today!