January 10, 2017

Property Management

MBN Realty Professionals are licensed and equipped to fulfill all your property management needs. Hiring a professional will give you the peace of mind that your property is being looked after correctly and in the end, it will cost you less in the long run having a good management team in place rather relying upon what you can do in your spare time on one of your single largest investments.

Property management is a diverse and unique division within the Real Estate field and our firm has broken it down and offer the following 3 services:

MBN Home Watch and Monitoring Service

This program is designed for the part time resident who wants a licensed and insured professional to check on their home, condo, or building while they are absent. Our job is to report any issues and deal, with anything that arises from emergencies to standard repair and maintenance issues. We coordinate and act as your project managers for the work that needs to be done with the service people who deal with emergencies or regular maintenance at your request. Prices range from $50 to $225 per service visit depending on size, location of property, and services performed. Call us to customize your service plan today. 941-256-0350.

MBN Exclusive Leasing Service – Residential and Commercial

This program is designed for people with property they would like to lease for a minimum time period of 6 months and beyond up to 10 years (commercial leases). Our leasing service includes; advertising for prospective tenants; tenant screening and vetting; contract negotiation and execution; rental and payment collection; communication liason between the landlord and tenant. Prices vary depending upon whether bookkeeping services are required, however standard residential leasing agency rates range between 10-12% of the rental income depending on property size, location, and services performed. Commercial leasing services vary and must be independently quoted but a budgetary rule of thumb is $ 0.60 per square foot per lease year.

MBN Vacation Rental Management

This program is designed for the short-term rental – under 6 months- which is considered the seasonal or vacation rental market. The service includes advertising the property on over 10 different websites and advertising locally, securing the short-term tenant for a minimum of a one week rental to a maximum of 6 months. Further, the service also includes coordinating move in and move outs, cleaning services, general maintenance, inspections, replacement of wear and tear items supplied by the owner, collection of rental income, and deposits and submission to the property owners. This service ranges from 20% to 40% of rental income collected depending upon style, size, location and services performed at the request of the owner.