Familiarize you with the documents
related to the leasing & management of residential properties
(see accompanying forms):
Inspect the property and make cost
effective recommendations for improvements.
Determine the market value by searching
the Realtor computer database & The Washington Post.
Complete a quality entry into the
Realtor database.
Place a sign & lockbox on the
property.
Show the property to prospective
tenants.
Interact with Realtors.
Advertise the property in The
Washington Post, answer calls & make appointments to inspect
(additional charge).
Evaluate prospective tenants by
perusing the application, verifying references & ordering a
credit report.
Negotiate terms, collect funds &
draft the Deed of Lease.
Management of the property (a separate
service) is available:
Collect rental payments
Disperse funds (mortgage &
community payments - additional charge).
Provide a monthly accounting &
end-of-year 1099 tax form.
Coordinate repairs/payments.
Oversee tenant compliance with lease
terms.
Make final inspection & arrange for
dispersal of security deposit.
