Property Management FAQ
Q: Where does Real Property Management GOLD manage property?
A: Real Property Management GOLD serves all of Southern Maryland. St.Mary’s, Charles, and Calvert Counties.
Q: What types of properties does Real Property Management GOLD manage?
A: Real Property Management GOLD manages any type of residential property including single-family homes, townhomes, condos, multi-plexes, and multi-family units.
Q: What services does Real Property Management GOLD provide?
A: Real Property Management GOLD is one of the few full-service property companies that focuses exclusively on property management. Almost all of our competitors are traditional real estate brokerages that happen to have a property management presence. At Real Property Management GOLD, we don’t engage in buy/sell real estate of any kind and as such, you get the benefit of 100% of our focus . . . every single day! We provide elaborate marketing campaigns to get your property maximum rental exposure. In addition, we run nationwide criminal and credit background checks as well as income/employment verification on every prospective tenant to make sure we are finding you a qualified renter. Beyond that, we sign the lease with the tenant, enforce the lease, collect rents, rapidly disburse rental proceeds to our owners via electronic transfer or check, and aggressively chase down rent when tenants don’t pay on time. We also inspect your property multiple times annually on an interior and exterior basis to ensure the property is being properly taken care of by the tenants. In addition, we have in-house maintenance solutions to address any maintenance issues that may arise and we are the only company that also allows our owners to coordinate their own maintenance if they choose. Lastly, in the unlikely event of an eviction, we have a state-of-the-art Eviction Protection Plan that covers eviction costs for you.
Q: What does Real Property Management GOLD charge for these services?
A: Real Property Management GOLD has the most simplistic and cost-effective fee structure in the marketplace. For multi-plexes and multifamily units, please contact us so we can provide you a custom quote. Our monthly management fee to manage your property 24x7x365 is a small percentage of the gross rents collected. Check our prices here
Q: Who determines rent for my property?
A: Ultimately, the market determines the rental amount for your property and it is our job to provide you with good, reliable market information regarding market rent rates. As such, we will always recommend market pricing to you but we allow our clients to choose the price point.
Q: How long will it take to rent my property?
A: For all of our properties that are market-ready and priced at market rates, our average days on market is approximately 26 days. For homes that are not in market-ready condition and/or or priced at above-market conditions, then it can take considerably longer to rent.
Q: Who pays for any maintenance that needs to be done on my property?
A: Unless the tenant is responsible for damage or is negligent with regards to property maintenance, then owners bear the financial responsibility of paying for repairs. We hold a $300 maintenance reserve in an escrow account so that we can get repairs completed quickly. All repairs over $300 require authorization from the owner. We always get multiple bids on big projects and have a trusted listed of local contractors.
Q: Why should I choose Real Property Management GOLD to manage my property/properties?
A: If you are looking for the best value in residential property management, you have found it! With a service offering that is as comprehensive as any in the market combined with the most cost-effective solution you will find anywhere, moving forward with Real Property Management GOLD is a decision you, and your checkbook, will thank you for!