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We investigate each property, or work closely with the builder pre-construction, by running comparable property comparisons to confirm fair market value.
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Each agent coordinates with local property managers to determine the rent range and marketability of the property.
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We visit the property to ensure that it fits our rigorous standards, and is ready for sale to an investor. In pre-construction, this means we check in on the property periodically to ensure there are no issues.
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When the agent is satisfied that the property is acceptable, it is sent to our Director of Property Management Services for approval for the Rental Guarantee Program.
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Our team runs a full financial analysis for each property to verify it’s viability as a good investment property.
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Our Information Technology department enters the property data into our databank.
- The Information Technology Department posts the property on our website and on satellite listing services and real estate investment social networking websites.
- The selling agent prepares a contract packet with instructions for the investor.
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Upon reserving the property, each investor receives a full contract for that property as well as the Rental Guarantee Program Agreement (RGP) (if the property qualifies), a cover letter and some information about our area.
- Your agent acts as your representative, submitting the fully executed contract to your lender and closing attorney.
- The office staff makes sure the documents get to the right people within our office, and adjusts the website and RGP tracking sheets to reflect the sale.
- Your selling agent acts as liaison between you and the closing attorney, lender, home inspector, appraiser, etc.
- The agent coordinates with the home inspector to make certain the property is completed and/or ready for closing.
- If repairs are suggested by the inspector, the agent works with the builder/seller to ensure any required repairs are completed in a timely and thorough manner.
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- Your selling agent works closely with your chosen property manager to ensure the property is rent-ready.
- Our team works with the investor and the property manager to ensure the transition from sale to rental goes quickly and smoothly.
- Each agent does a final walk through of their properties, confirming that it is ready to be leased.
- The agent turns the keys over to the property manager for them to begin their marketing campaign in earnest.
- After the closing, our Director of Property Management Services closely monitors each property, keeping in constant contact with the property managers.
- Our agents remain a constant source of stability for the owner by acting as a liaison between them and their chosen property manager until the property is leased and creating income.
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