Non-Managed Rental Services Comparable Market Analysis (CMA) Sign on Property Lockbox (Vacant only) List Property on MLS* Pre-Screen Marketing Calls Show Property Run Application(s) & forward to Owner Owner must review app., verify all references, Employment & Income Owners Registers Property with County Write Lease with Owner optional clauses Owner signs lease with tenant Provide Owner with walk-thru form to provide to tenant. Owner Collects rent & handles all repair requests. Owner Files/pays rental sales taxes to city/state

Managed Rental Services Comparable Market Analysis (CMA) Sign on Property Lockbox (Vacant only) List Property on MLS* / Multiple Advertising on known rental sites Pre-Screen Marketing Calls Show Property Run Application(s); Manager reviews & Verifies references and employment Manager Presents Income / Variations approved by Owner Manager Registers Property with County Write Lease with required clauses & addendums. Provide PM Resident Handbook Meet with Tenant to sign lease Meet Tenant, do a walk-thru including Pictures or videos/walk-thru form, keys Collects rents, taxes & security deposit Holdings in an FDIC PM Trust Account Monthly exterior inspections & periodic Interior inspections Handles all maintenance issues (in writing), contacts Home Warranty companies, if applicable, arranges all vendor repairs & payments, issues 1099 to all vendors—all per written Agreement Ensures HOA compliance, including warning letters/fines to tenant & payments Emergency tenant contact

Direct Deposit (or check) to owner’s bank Files & pays all rental sales taxes to city/state on behalf of owner Monthly Accounting Statement Annual Tax Reporting & Statement Handles renewals with tenant Contacts & provides assistance to attorney with any evictions Move-out Inspection Final Disposition of Accounting to Tenant as required by law Named Statutory Agent required by stated for all out-of-state owners included



Separate MLS paperwork required to be completed prior to submission to MLS.

Owner’s Signature

Date

Owner’s Signature

Date

KW Non-Managed vs. Managed Rental Form.pdf

Pre-Screen Marketing Calls Pre-Screen Marketing Calls. Show Property Show Property. Run Application(s) & forward to Owner Run Application(s); Manager ...

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