During our initial contact with property owners our management coordinator will fully explain what services are provided by our Nashville rental management company, the fees associated with those services, and precisely explain the timeframe within which these services will be performed. In addition, our management coordinator will collect as much information as possible about the potential homes and apartments for rent.
Our management coordinator listens critically to the needs of each potential property owner and ensures we provide he or she with the best solution for individual properties. There are cases when Summit Property Management is not the right rental management company for their needs.
Our management coordinator will obtain rental comparables via the MLS, other rental websites, and our experience in the business. It will be during this time that Summit will be able to advise property owners on likely rental rates, rental demand, and tenant vacancy (if any).
Once an owner has decided to pursue a management relationship with Summit, our management coordinator will provide our management agreement, fee schedule, and advertising packages in order to give owners the necessary time to review these documents and contact us with any questions.
At this time Summit’s lead property manager will visit the Nashville apartments for rent to determine the property’s condition, location, and other assets or detractions. This is step is critical in assessing a realistic rental rate and appropriately predicting the rental demand and vacancy variables. We prefer for owners to be present during this visit, but it is not necessary.
Once the walk-through is complete and both parties decide to move forward, management agreements will be signed, account initialization fee will be collected, keys/garage door openers and security codes will be collected, and a time will be scheduled to professionally photograph the rental property.