What services are included in a full-service property management agreement?

Property management can be a complex and time-consuming task. From marketing rental units to handling maintenance requests and dealing with tenants, it can quickly become overwhelming for landlords, especially those with multiple properties. This is where Ameri Home Pro, based at 6689 Orchard Lake Rd, Suite 136, West Bloomfield, MI 48322, comes into play. As a professional property management company, we offer comprehensive solutions designed to make owning rental property easier and more profitable.

A full-service property management agreement provides a wide range of services that go far beyond simple rent collection. In this blog, we’ll explore the key services typically included in a full-service property management agreement, and how these services can benefit you as a landlord.

1. Tenant Screening and Placement

One of the most crucial aspects of property management is tenant screening. The right tenant can make your investment profitable, while the wrong tenant can lead to late payments, property damage, and even legal disputes. A full-service property management agreement with Ameri Home Pro includes a thorough tenant screening process to help you find reliable, responsible tenants.

What’s Included:

Background Checks: Ensuring the tenant has a clean criminal record.
Credit Reports: Reviewing the tenant's financial history to determine whether they are likely to pay rent on time.
Income Verification: Confirming the tenant has the financial means to afford the rent.
References: Contacting previous landlords to confirm the tenant's behavior and history.

With these checks in place, Ameri Home Pro ensures that only the best tenants are selected, reducing the risk of issues later on.

2. Rent Collection and Financial Management

Collecting rent on time is essential for maintaining a steady cash flow and ensuring the financial health of your property. A full-service property management agreement covers the entire rent collection process, eliminating the stress and hassle for you as a landlord.

What’s Included:

Rent Collection: Ameri Home Pro ensures that rent is collected on time, using a variety of convenient methods for tenants, including online payment options.
Late Fee Enforcement: If tenants miss a payment, we apply late fees according to the terms of the lease agreement.
Financial Reporting: Monthly and annual reports are provided to help you track your property’s financial performance, including income and expenses.
Tax Documentation: Providing the necessary documentation to help you with tax filings, such as profit and loss statements.

By handling all aspects of rent collection and financial management, Ameri Home Pro helps you maintain a stable income stream from your rental property.

3. Property Maintenance and Repairs

Regular maintenance and timely repairs are vital for keeping your property in good condition and ensuring tenant satisfaction. A well-maintained property is more likely to retain tenants and even attract higher-quality ones. A full-service property management agreement ensures that all aspects of property maintenance are handled efficiently.

What’s Included:

Routine Inspections: Regular property inspections are conducted to identify any potential issues before they become serious problems.
Maintenance Requests: Tenants can submit maintenance requests through a convenient online portal, and Ameri Home Pro handles scheduling and completing the work.
Emergency Repairs: If urgent issues arise, such as plumbing problems or HVAC failures, Ameri Home Pro is available to handle emergency repairs.
Vendor Management: We have a network of trusted, licensed contractors for various repair and maintenance tasks, ensuring that work is done quickly and at competitive rates.

By outsourcing these tasks to Ameri Home Pro, you save time and effort while ensuring that your property is in top shape and that tenant satisfaction remains high.

4. Property Marketing and Advertising

Finding reliable tenants is often one of the most challenging aspects of property management. Effective marketing and advertising are crucial to filling vacancies quickly and minimizing downtime between tenants. A full-service property management agreement covers all aspects of property marketing.

What’s Included:

Property Listings: Ameri Home Pro will list your property on various platforms, including rental listing sites, social media, and our website.
Photography and Virtual Tours: We use professional photographers to take high-quality photos and create virtual tours that showcase your property in the best light.
Open Houses and Showings: We schedule and conduct open houses or private showings, allowing us to engage potential tenants directly and answer any questions they may have.
Marketing Strategy: A tailored marketing strategy designed to target the right audience and fill vacancies quickly.

By handling all aspects of property marketing, Ameri Home Pro ensures that your property attracts the right tenants and is leased at the best possible rate.

5. Lease Agreement Preparation and Enforcement

A well-drafted lease agreement is essential for protecting both you and your tenants. A comprehensive property management agreement with Ameri Home Pro includes lease preparation, ensuring that all legal requirements are met, and that both parties are clear on their rights and responsibilities.

What’s Included:

Lease Drafting: We create a customized lease agreement based on Michigan's landlord-tenant laws and your specific needs.
Lease Enforcement: If a tenant violates the lease terms, we take the necessary actions to enforce the lease, whether that means issuing warnings, imposing penalties, or initiating eviction proceedings.
Renewals and Terminations: We handle lease renewals, extensions, and terminations in accordance with Michigan law, ensuring that the process is smooth and legally compliant.

By ensuring that the lease agreement is clear, comprehensive, and enforceable, Ameri Home Pro helps protect your rights as a landlord while maintaining a positive relationship with your tenants.

6. Eviction Management

While it’s always preferable to avoid evictions, sometimes they become necessary. A full-service property management agreement covers the eviction process, should the need arise. Navigating the legalities of eviction can be complex, and mistakes can lead to costly delays.

What’s Included:

Legal Eviction Process: If a tenant refuses to pay rent, damages the property, or engages in disruptive behavior, Ameri Home Pro manages the eviction process, ensuring all legal procedures are followed.
Court Representation: We handle court filings, attend hearings, and represent you in front of a judge to ensure that the eviction is processed as smoothly as possible.
Tenant Removal: If necessary, we coordinate the removal of the tenant from the property, ensuring the process is handled respectfully and legally.

Eviction can be a stressful and costly process, but with Ameri Home Pro, you can rest easy knowing that the legalities are taken care of.

7. Tenant Communication and Relations

Good communication between landlords and tenants is essential for maintaining a positive rental experience. A full-service property management agreement ensures that communication is handled professionally and efficiently.

What’s Included:

Tenant Communication: Ameri Home Pro manages all communication with tenants, from answering inquiries to addressing concerns and complaints.
Conflict Resolution: If any issues arise, we step in to mediate and find solutions that benefit both parties, helping to preserve the landlord-tenant relationship.
Annual Notices: We send out important notices, such as rent increases or lease renewal reminders, ensuring that tenants are informed and that you remain in compliance with legal requirements.

By handling communication, Ameri Home Pro ensures that tenants feel heard and valued while protecting your interests as a property owner.

8. Legal Compliance and Risk Management

Compliance with local, state, and federal laws is critical for avoiding legal issues that can be costly and time-consuming. A full-service property management agreement includes ongoing efforts to ensure that your property remains in compliance with relevant laws.

What’s Included:

Fair Housing Compliance: Ameri Home Pro ensures that all tenant selection practices follow Fair Housing laws, preventing discrimination and ensuring equal treatment for all applicants.
Local Ordinances and Codes: We stay up-to-date on local building codes, rental property laws, and other regulations to ensure that your property remains in compliance and avoids fines.
Risk Management: We help minimize liability by addressing potential risks, from property maintenance to tenant behavior, and advising you on insurance and coverage options.

Ameri Home Pro works diligently to keep your property legally compliant, protecting you from lawsuits and other legal complications.

Conclusion

A full-service property management agreement with Ameri Home Pro offers a comprehensive suite of services designed to make property ownership easier and more profitable. From tenant screening and rent collection to maintenance, legal compliance, and eviction management, we handle every aspect of property management with professionalism and expertise.

By partnering with Ameri Home Pro, located at 6689 Orchard Lake Rd, Suite 136, West Bloomfield, MI 48322, you gain peace of mind knowing that your rental property is being managed by experienced professionals who prioritize both your interests and your tenants’ satisfaction. Whether you own one property or several, our full-service property management agreement can help you maximize your investment while minimizing the hassle.

If you’re ready to take the next step in simplifying property management, contact Ameri Home Pro today!