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There’s more to property management than collecting rent. Did you know that in many cases, housing requirements differ between a sale and a rental transaction? Do you know the correct definition of a legal bedroom? Have you obtained the proper rental license from the city and/or is you license current? If not, you could end up in a less-than-desirable situation.
At Real-Time Leasing, we actively manage the tenant and the day-to-day details of your property according to the terms of the lease agreement. Be it rent collection, unforeseen maintenance issues, tenant violations or disputes, or city requirements, our role as property manager is to oversee all issues and aspects of your Minnesota property.
Many companies offering property management services in Minneapolis are fairly new to the market. Signing a management contract with Real-Time Leasing is a way to leverage over a decade of experience in rental management. To ensure we keep owners’ best interest in mind, our in-house property manager’s work solely for Real-Time Leasing. Our unique check-and-balance structure ensures that we don’t approve an applicant for the wrong reason and allows us to uphold our commitment to the property owner while adhering to fair housing standards.
Our management fee is based on rent collected, not rent charged, and we don’t collect management fees during months of vacancy. Essentially, if you don’t get paid, we don’t get paid. We also make it a point not to charge miscellaneous administrative fees for our services. Fees like lease renewal fees, postage fees, or document fees are common charges incurred with other property management companies in Minnesota. With Real-Time Leasing, however, you won’t face any surprise withholdings or charges when it comes time for your payout.
At Real-Time Leasing, we manage our property marketing in-house so that we can be sure to have an individually catered, strategic approach to marketing your property. We pride ourselves on our proactive marketing and showing techniques proven to consistently fill units with great tenants. We track each lead that we receive for your property and provide weekly marketing updates to owners as a way ensure you are up-to-date with the attention garnered by your property.
It’s true that the Internet is the only advertising vehicle that counts in today’s market, but our advertising services ensure optimal exposure for your advertised property. Real-Time Leasing utilizes a custom, multi-platform marketing strategy that includes listings on real estate websites like Zillow, Truila, Homes.com, Hotpads, Craigslist, our social media pages, and many others. Altogether, our marketing is featured on 200+ websites, ensuring a wide draw of potential tenants. Most importantly, we track our leads as a way to measure the interest in your property and stay well informed on current rental-market trends. At any given time, Real-Time Leasing knows where our leads are coming from, we evaluate the responses given from those leads, and then we follow up with those who decide not to pursue a leasing agreement for the property. This way, we are constantly assessing our marketing strategy and can suggest market-appropriate changes to help fill your property.
Our full-service accounting department eliminates the need for you to be a constant middleman between your property management company and your personal accountant. Rather than spend your time sifting through the minutiae of income and expense, let Real-Time Leasing handle this on your behalf. Come tax time, you won’t be sorting through emails and mounds of receipts in an attempt to piece together the finances for your rental property.
Minneapolis lies at the head of the Mississippi River, with its adjoining sister city, St. Paul to the East, it forms the Twin Cities. Many think Minnesota, the “Land of 10,000 Lakes”, is a land to the North, cold and barren, without character or a place to live; while it does have long winters, Minnesota also offers warm summers, crisp fall and cool spring. A state offering 4 seasons and construction.
With a population of over 6 million in the Twin Cities and surrounding areas, Minnesota offers a community full of arts, shopping and corporate headquarters, with Target, 3M, Best Buy, General Mills and many more. Home of the largest mall in America, the MOA is home to over 500+ stores from small to luxury, with both the JW Marriott and Radisson Blu flanking either end.
Minnesota actually boasts 11,842 lakes, and is ranked #19 by Golf Digest with 118 golf courses, and having the nation’s second highest Household Participation Percentage, to hosting of the U.S. Open, PGA and Ryder Cup at Hazeltine National. Minnesota has a lot to offer.