Property Management for Residential and Multi-Family Residences
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Management of Residential, 1-4 units
Q: Where does Craig & Craig Professional Realty Manage property?
A: Craig & Craig Professional Realty manage properties in Central Valley, California, specifically in Merced and Stanislaus County.
Q: What determines the rent for my property?
A: Ultimately the rental market. We will make a rent recommendation to you based on our market analysis of your property and the current market conditions. You will determine the final rent prior to advertising the property.
Q: Who pays for the marketing of my property?
A: We pay for all signage and labor costs related to marketing your property for rent. We will also place your property on our website and various highest traffic websites for rental properties. If the owner wants additional advertising the owner pays for the cost of advertising the available property on the Internet or in local periodicals.
Q: If I want to do additional advertising to help my property rent quickly, what are my options?
A: We are able to list your property on the MLS but in order to do so you must offer a commission to the showing agent. Typically the commission is around $300 to $500 as incentive to realtors to show their clients your property. We can also place newspaper advertisements; however with the latest technology it has shown that internet marketing is more efficient.
Q: What is typically involved in preparing a property to be rented?
A: Generally, you should expect to make the property move-in ready for a tenant, a process we can help you with. Your property will rent quicker and demand a higher rental value if it is in good condition. Cleanliness is very important and building codes compliance, we suggest that owners have the property inspected and cleaned for showings before the tenants move in.
Q: How are tenants selected?
A: Our background check is thorough and comprehensive to ensure we select quality tenants. We carefully screen each prospective tenant application and verify rental history, employment, and obtain a report which includes credit, evictions and criminal history.
Q: Who pays for maintenance and repairs to my property?
A: The costs of maintenance and repairs are paid by the owner, unless the tenant is responsible (i.e. clogs, broken windows, stained carpets, etc.).
Q: Who handles the Collections and Eviction?
A. If rents are not paid on time, we begin the processes necessary to collect rents or evict tenants. In the event that eviction is implemented, the property owner will provide the necessary finances to cover the fees associated with the eviction process.