Stevens Realty provides comprehensive, reliable, and trustworthy property management services in Middle TN. Whether you are a single property owner or a real estate investor, we effectively manage properties that include single family homes, apartments, mobile homes and townhomes. Some of the reasons owners trust Stevens Realty in Middle TN with their property management:
• Customized fee structure!
• No leasing or placement fees!
• Innovative policies and procedures that reduce costs and encourage tenant retention!
• Professional remodel services to quickly prepare properties for rent!
• Comprehensive marketing strategy to fill vacancies quickly!
• Tenant screening including criminal, credit, income, employment, etc.!
• Full time Maintenance and Emergency Services!
Our customized fee structure allows you to choose the service that best fits your needs:
Option 1: Tenant finder
Stevens Realty will find and qualify a tenant for the owner. The tenant and owner will sign the owner's lease. Stevens Realty will have no contact with the owner or tenant after the qualified tenant is located. Price: One month's rent.
Option 2: Leasing and rent collection
Stevens Realty will:
- Find the tenant
- Sign the lease
- Collect the rent
- Send the money to the owner less the management fee
Price: 6% of cash collected in Cookeville/McMinnville/Chattanooga and 8% of cash collected outside of Cookeville/McMinnville/Chattanooga.
Option 3: Maintenance and Turnover
Stevens Realty will
- Take the maintenance request from the tenant or owner
- Contact the vendor
- Ensure the work is done correctly
- Do the turn-over on the property
- Pay the vendors
- Issue 1099 for the vendors
- Call the tenants to ensure the tenant is happy and the work is done.
Price: 4% of cash collected in Cookeville/McMinnville/Chattanooga and 6% of cash collected outside of Cookeville/McMinnville/Chattanooga.
Option 4: Pay bill, Financial/Tax reporting and Book keeping services
Stevens Realty will
- Pay bills
- Monthly management statements
- Tax and yearend reporting
- Copies of invoices and miscellaneous paper work
Price: 3 % of rent collected.
If you choose to manage your own maintenance, you will provide Stevens Realty a phone number for the tenant to call for maintenance. You will handle all maintenance and turnover. You will manage and pay all the vendors. Stevens Realty does not get involved with any maintenance issues or any phone calls for maintenance.
You can select any combination of these services. If you select all the services, the management fee will be 10% of cash collected in Cookeville/McMinnville/Chattanooga and 15% of cash collected outside of Cookeville.