Tenant Placement Service
Our One-Time Tenant Placement Service is for owners who want to manage their own rental property, collect rent, and provide services, but do not want the hassle of dealing with phone calls or showings.
This service also gives owners the exposure and marketing reach offered by a professional property management firm in locating qualified tenants.
Services Include
- Photography of your rental home
- Placement on Zillow.com, Hotpads.com, and other popular rental websites with maximum allowed photos
- Featured listing on ArroyoManagement.com
- Yard sign and flyer, where permitted by HOA rules
- Tenant screening, including background and credit checks
- Lease preparation
- Walk-through assistance with digital documentation
Because Great Management = Great Tenants
Contact us to discuss how we can help you find great tenants.
Getting Started
You sign a simple contract allowing us to list and market your rental, and pay a one-time setup fee of $100 to establish your account. Your property manager will look at comparable rental data in the area, along with other market factors, to help determine the optimum rental rate for your property.
We will then use several high-traffic websites to market your property as widely as possible. Our goal is to find you a great tenant as quickly as possible.
Tenant Screening
One of the most important parts of renting your property is making sure everything is done to attract and retain high-quality tenants who will take care of your property and pay the rent on time.
We have experience running full credit, eviction, and criminal history checks. In addition, we do income and asset verification and know what red flags to look for in the tenant screening process.
Our tenant screening process does not cost you, the owner, anything. We also require the tenant to pay the security deposit and sign a deposit holding agreement in order to take the property off the market after approval, but before the move-in date.
Document Prep & Move In
It makes sense to have an experienced manager, who writes up leases on a regular basis, prepare the lease for your property with your new tenants.
Today, anyone can obtain a generic lease agreement online. But knowing who wrote it, and whether it has been updated to reflect our state’s ever-changing laws, is essential.
Our property managers use updated, standard leases, with the addition of appropriate addenda such as pet, pool, alarm, and satellite dish addenda. We are fully aware of all disclosures that must be made by a landlord to a tenant.
We handle all the preparation for you and have the paperwork ready when we meet the tenant to sign the lease. We also assist by doing the walk-through with the tenant at the lease signing. In addition to the room-by-room checklist, we take detailed photos and, in some cases, video to record the condition of your property upon tenant move-in.
Ready for You to Take Over
After the tenant moves in, you are ready to take control. We will forward you all executed documents, the move-in and walk-through paperwork, and photos recording the condition of your unit at the time of signing.
We will also provide you with all contact information for the new tenants and can even assist with setting up automatic payments from the tenant’s account to yours. The first month’s rent, minus our fees, and the security deposit funds will then be transferred to you as well.
More Work Than You Expected?
If taking over the day-to-day management of your property becomes more of a challenge than you originally anticipated, we are happy to step back in and provide full-service property management.
Since you have already paid for the Tenant Placement service, all you have to do is make up the difference between the Tenant Placement fee and the full-service property management percentage we charge, usually about 4% of the monthly rent value.
Be sure to check out our TenantTalk blog for helpful information for property owners.
