Because each property is unique in condition and location, there is no standard answer. However, we typically advise clients to expect 30 days even though we lease many high demand properties in 10-15 days.
We employ a multitude of channels by which to market our rental properties including the local Multiple Listing Service (MLS) and various web sites across the internet. Silberman Realty’s sister brand, ApartmentWIZ is one of longest standing leasing companies in the state. Because our affiliated brands are constantly working with prospective tenants, we maintain a vast tenant base from which we place in our rental listings. Our large leasing operation gives us a unique advantage over standard management companies that rely solely on the local MLS for lease traffic.
We charge between 75% and 100% of the first month’s rent in the Houston market area and between 50% and 100% of the first month’s rent in the DFW market area. The range of percentages vary according to how we lease a property and how much tenant demand exists in various sub-markets. Please contact us for a more exact quote on lease fees.
We look at the biggest statistical factors when selecting tenants which typically includes broken leases, prior evictions, short sales, foreclosures, stability of employment, and many others. We typically do not accept evictions, broken leases, or foreclosures. We never accept tenants with violent or drug related felony criminal history.
Yes, all tenants are screened for credit, criminal background, rental history, and income verification prior to being accepted to one of the properties we manage.
We charge an eviction fee of $200 to evict a tenant that we did not select or recommend and a $150 renewal fee for leases. Aside from these fees, our landlords will never receive a charge other than our affordable monthly rate. Many other management companies in Texas use charges such as inspection fees and repair coordination fees as an additional revenue source. Landlords should be aware of fee lists when selecting management companies.
Silberman Realty Property Management charges an affordable flat fee per month for property management services. Management companies in Texas typically charge between $65 and 10% of monthly rent per property managed per month. Our flat fee usually falls in the middle of the fee range charged by property management companies in Texas. Silberman Realty Property Management offers a quality service for an affordable flat monthly fee. We do not compete on price with management companies that charge lower monthly fees.
Silberman Realty Property Management offers full service management including rent collection and disbursement, monthly accounting statements, coordination and scheduling of repair requests, year end tax statements, property inspections, and much more. We have clients all over the world that entrust their properties to us and are completely hands off.
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