In recent years, Southern Connecticut has seen incredible growth. Developers have returned to market, with a focus on multi-family tracts and community planned living. Even as single-family home sales have recovered from years of economic uncertainty, homeowners are still opting to rent out their homes rather than sell in this market; considering rental income a better return on their investment. This presents a unique opportunity for real estate agents to take advantage of the market’s flexibility and help clients rent out their homes.
Real Property Management is the leader among Southern Connecticut real estate management firms and as such, we recognize the incredible influence real estate agents have on prospective clients. Homeowners are more likely to reach out to their real estate agent first to help lease out their property. As the first point of contact, agents are vital to the growth of the residential rental market! That is why we like to partner with local agents, like you, to offer your clients the best property management services available among real estate management companies in Connecticut.
Real-Life Scenarios Where Partnering With Us is the Right Move
Here are four scenarios where you might find that having our team of Southern Connecticut real estate management experts is incredibly beneficial:
- You’ve met with your seller after conducting a comparative market analysis and you determine that the house upside-down in value and the seller would benefit from waiting for the value to increase. You could refer our services and suggest they rent it out for a year or two while the value increases. Now you’ve provided your client with a solution that allows them to still move out of the home while having their mortgage covered by the rental income. It’s a win-win!
- You’re working with an investor who intends to purchase a home(s) with the intent to rent. Many new investors don’t understand the complexities associated with rental management. Position yourself as an expert by offering to connect them with one of the most reputable real estate management companies in Connecticut. When they’re ready to transition to other investment properties, we’ll send them back to you.
- You have seller whose listing is about to expire and they’ve decided not to renew. This is a perfect opportunity to offer your client a viable solution in an unfavorable situation. Send them to us and we will show them the benefits of renting out their home until they’re ready to put it back on the market. When they’re ready to trying selling again, we will refer them back to you.
- Your friends and family continually seek out your advice on real estate. You have a friend who wants to rent out their property but doesn’t know where to start. Although you’re knowledgeable and willing to help, your expertise is in sales, not property management You refer them to us, knowing that a professional property manager is better suited to help them out with every aspect of their rental needs. Not only are you a great friend, but you’ll still get paid for the referral.
How You Benefit from Referring Your Clients
The biggest benefit to joining our Real Estate Agent Referral Program is being able to save valuable time. Partnering with Real Property Management means you can dedicate your time to building your real estate business by helping clients buy and sell homes. Our commitment to providing unsurpassed management services—for single-family rental homes and small multi-unit complexes—is centered on this core value: to help homeowners get the most out of their real estate investment. It’s a value we know you share too! Here is what else you can expect from us:
Future Sale Protection — When you refer your clients to us, you can rest easy knowing you’ll never lose that client’s future sale to us; be paid a competitive referral fee for every signed management agreement we receive from your clients, but we will help you regain that listing when the owner is ready to sell. As one of the most dependable Southern Connecticut real estate management companies, we work hard to earn the trust of every agent and homeowner we have the pleasure of working with.
Increased Credibility — With an established infrastructure and over 25 years of industry experience, partnering with Real Property Management can enhance your credibility as a knowledgeable agent with investors. As a member of our Real Estate Agent Referral Program, you’ll gain access to our market-based rental rate estimates, rent-readiness assessments, and renovation recommendations for rental investment properties. Equipped with an arsenal of valuable information and solutions, you can confidently meet with investors. All we ask in return is that you recommend Real Property Management to your client for asset property management services once the purchase is completed.
Peace of Mind — Leasing and managing rental properties is incredibly risky and time-consuming. Without proper training or extensive knowledge of municipal codes, federal laws and regulations, you could make costly mistakes if you mismanage the client’s property; jeopardizing the future sale. However, by enlisting the expertise of the most trusted real estate management companies in Connecticut, you offer your clients the complete peace of mind they deserve. You can also rest assured that we have the resources and experience to manage your client’s home well.
What Your Clients Can Expect from Real Property Management
As the most reliable, cost-effective management service provider among the Southern Connecticut real estate management companies, we have the know-how to oversee every aspect of your client’s property management needs.
Comprehensive Marketing & Advertising — Every day a property is vacant is lost revenue. Our targeted marketing strategies allow us to aggressively advertise your client’s property and fill vacancies quickly.
Tenant Screening — We conduct thorough criminal, credit, and employment screenings on all applicants over age 18. We also make every effort to only place tenants with a history of on-time payments and proper property care.
Full-Service Leasing — Our full-service leasing system provides rent-ready guidance materials and an up-to-date comparable rental market analysis. We also conduct professional lease showings and provide tenant education materials at lease signing.
Timely Rent Collection & Online Reporting — By offering online payment options and our tenant incentive program, we make it easy for tenants to pay rent on time. Owners can check-in on their property from anywhere in the world using their online account portal, with easy access to property activity reports, detailing the latest information regarding the current lease status, maintenance reports, inspections and accounting documents.
Routine Property Inspections & Cost-Effective Maintenance — By performing regular property evaluations, we are able to proactively identifying maintenance needs and address them promptly. These inspections also ensure that tenants are in compliance with the lease terms. When repairs are needed, we offer exclusive discounts on equipment and services to our clients through our preferred vendor program. Our maintenance staff is available around-the-clock to address maintenance emergencies and ensure requests are dealt with in a timely manner.
Strict and Compliant Evictions — In the event that an eviction is required, our team is trained to handle the situation with the utmost professionalism and comply with the applicable federal, state, and local laws and regulations. Late or delinquent payments automatically trigger our escalation protocol. Legal steps are then taken to minimize costs and get the property quickly leased again.
Ready to Sign Up? Earn More With Our Connecticut Real Estate Management Firm
Joining our Real Estate Agent Referral Program couldn’t be easier. Simply fill out our short online form on our website HERE. Once registered, you can begin referring property owners to us and receive your referral bonus once they have signed a management agreement with Real Property Management. Our referral bonus is $555 per new owner and there are no limits to how much you can earn! Remember, when your client is ready to sell again, we promptly refer them back to you. You’ll never have to worry about losing your listing to our management firm ever.
Agents throughout Southern Connecticut—and nationwide—rely on Real Property Management to manage their client’s residential rental properties. Join today and start collecting our referral bonus, receive more listings, protect future sales and build your reputation as the resourceful agent we know you are.