FAQs
- What should the customer know about your pricing (e.g., discounts, fees)?
Our property management fee is 6.5% of collected rent. We have an on-boarding fee of $300 for each new property and this includes a proprietary rental analysis and a "appraiser style" valuation of the property. We also do a detailed inspection of the property after on-boarding so that we can build out a budget around future repairs that may be needed. Once we have the address, we give every prospect a free RentRange report that gives prospects a sense of the rental rates in the area where their property is located.
- What is your typical process for working with a new customer?
We always like to connect with our prospects to learn about their property and situation. We tailor our approach to the situation and not the other way around. Some properties require a lot of work to make them rentable. Some owners want to avoid paying taxes but ultimately want to liquidate their property. Real Estate Strategy is our Speciality, and we do this for every one of our clients and it starts with our first conversation.
- What education and/or training do you have that relates to your work?
The principals at PMI Redwood Realty both have master's degrees and have several decades of experience each in corporate real estate finance and Bay Area property management. Combined, this unparalleled education and experience makes the analytical part of real estate transactions a breeze and supports clients in making the most informed decisions about their property.