As a full service management company, Munns Real Estate Co manages your property on a day-to-day basis. We handle all the details associated with maintaining the property and dealing with tenants. Below are the services you will receive when utilizing our management service.
We handle the placement of all advertising -- signs, newspaper ads, website advertising, rental lists, and referrals. The owner is invoiced monthly for the actual cost of advertising.
SHOWING AND APPLICATIONS
We receive and process all calls generated through our marketing plan. We require a detailed rental application to be completed, and then each application is thoroughly evaluated and screened before approving a prospective tenant. RENTS
We collect your rents and provide monthly and annual statements. We review the rents at the end of each lease term to assure that the property is generating the highest income for the current market conditions.
We maintain a good professional relationship with each tenant. Our goal is to maintain satisfied long-term tenants who pay the rent on time and take care of the property.
Munns Real Estate Co has experienced maintenance and repair personnel available to handle all needs as they arise at a low cost. When the property requires work beyond the scope of Munns Real Estate Co's maintenance personnel bids will be collected to assure the property owner is getting the best work at a reasonable price.
We require ample security deposits corresponding to the monthly rent to secure the tenant's pledge of full compliance with the terms of the lease. Security deposits are held in an escrow account according to Florida Statutes.
Our management fee is a percentage of the gross monthly rent collected, and our leasing fees are reasonable and competitive. In the event your property is vacant we diligently advertise and show the property to secure a suitable tenant. While vacant we continue maintain and repair as needed.
Each month the property owner receives the following financial statements:
Your net check will be included with each statement. At year end you will receive a Profit & Loss statement along with your 1099-Misc. Form for easier tax preparation.