Tired of running your business by yourself? You now have a turn-key team of professionals at your fingertips from customer service to repairs to leasing and more! Have a question, we're here for you! Or better yet, your customers can call us and not you :-)
We keep it simple. You offer property management services to your clients who are holding rental property. We do the work. We are your secret weapon back office team taking the calls, responding to emails, coordinating repairs all of the other day to day things that pop up. Monthly statements come branded with your name and logo!
Nothing out of pocket! Our wholesale management fees are based on gross monthly rental amount, very competitive and leave room for margin.
You set the retail fee and keep over and above our minimum rate.
Rates can vary based on number of properties, rental rates. etc.
Your relationship manager will work with you on the details.
We will negotiate a WHOLESALE rate with YOU based on the Gross rental rate of your clients property. You set the RETAIL rate for your client and keep the margin. We do the work.
You are able to lease your own homes if you like or hand it off to us when you have bigger fish to fry! Set your own rates with the client and keep any margin. We handle everything from marketing to move in.
Time consuming...annoying and low margin and the main reasons agents avoid managing rentals.
Leaky sinks, clogged toilets, minor electrical and plumbing issues...we got you covered!
For larger repairs such as water heater replacement, HVAC, major electrical or plumbing we will provide a detailed and professional estimate for your client to approve. Before and after pics included.
When a renter vacates, we will do a full inspection and provide a bid for all items needed to make the property ready for a new renter.
We can do this by phone or we are happy to visit your office or you can come to ours! Whatever is easiest, we'll make it happen.
If you already have properties you manage, or you are just starting to find property management clients we'll work with you on the hand off.
If you were handling homes before...you should now have MORE TIME to focus on higher margin projects such as SELLING HOMES. And now that you offer management, your retention level should increase which means more business.
One Word....RETENTION. In most cases, you sell a home and it's one and done. The chances of you and the client keeping for the next 2-5 years is slim to none. But, if you work with buyers who are holding properties as rentals or have listings that didn't sell and opted to rent instead...those are perfect scenarios for being able to continue your relationship by offering to lease and manage the home for them until the market is better suited for their needs. You can take it one step further and offer property management services to clients who already have property and create totally new opportunities that never would have existed otherwise. Every property added to your portfolio is one more client you are retaining and who is seeing your brand on a monthly basis.
You may have never really focused on Property Management but we're betting you actually know a lot more than you realize! Being a resource does not mean you know every detail of every possible question and most clients do not want to be overwhelmed with tons of information anyway. We will equip you with a simple and easy info pack with everything your client needs to get started. If they have any in depth scenarios or issues, you will have your property management team AKA "us" give them a call to go over it. Easy peasy. Never be afraid of not having all the answers as long as you know where to find them!
When you sign your clients up for property management services, Modern Real Estate Shop is the Broker of that service. If you have ever brokered a loan or insurance, it's an identical process. You as a Broker are simply "reselling" our management services to clients. Your name is not on the contract so you are not a party to the actual transaction of the management agreement or lease.
Absolutely not! We are happy to handle just one home or hundreds of homes for your brokerage. Even if you don't have any properties at the moment, we can work with you to show you how to get started.
It's simple. For starters, each month we will send out your client an income statement branded with your name and logo which keeps you in the minds of the client. This is your client, and we are your management team handling the day to day. If during a conversation, they indicate an interest in selling, they ask for comps, or a critical mile marker is coming up such as a vacancy, lease renewal or an eviction...we will let you know to give the client a call to talk options.
Of course! We can handle the operations for any type of property whether it be a single family, multi-family (no limit on units), HOA, or commercial building.
Yes! Right now we are focused on the Palm Springs / Coachella Valley area for vacation rentals but if you have multiple properties in another area that you would like to talk to us about, we are happy to have that discussion.
We provide property management services in the following counties: San Bernardino, Riverside, Orange, Los Angeles, San Diego
If you'd like to see our operation, drop us a line and one of our relationship managers will call you to set up an appointment to come to our offices or we are happy to come to yours as well! You can check out our team here: https://www.modernreshop.com/meet-your-team/
175 N Indian Hill Blvd, Claremont, California 91711, United States
09:00 am – 05:00 pm