Owner Resources

Why Use A Property Management Expert to Lease Your Sarasota Rental Property?

• Save valuable time

  In today’s hectic environment, many people simply do not have the time to manage the time-consuming business of managing a Sarasota investment property. Marketing and showing a Sarasota rental property and preparing a lease, once a properly-screened tenant is found, generally represents weeks of work.

  That is not to mention the additional time and stress of monthly rent collection, dealing with tenant repair needs, addressing tenant disputes, and sometimes negotiating the hassle of an eviction and debt collection.

  Furthermore, if the other obligations in your life make it difficult to drop everything to capitalize on an interested tenant prospect, you may be missing out on opportunities. Today’s real estate market demands swift action as it presents a lot of options for renters.

• Protect your Sarasota Rental Property

  Vacant properties can pose a liability. As they are not under the constant surveillance of an occupant, vacant properties are subject to undetected repair issues and vandalism. For this reason, homeowner’s insurance companies generally assess additional premiums to unoccupied properties.

  Are you up-to-date on the latest rental scams that prey upon owners and prospective tenants? Do you know where to start to best screen a tenant? Are you current on Federal and Florida law rental and real estate legislation? Are you versed in how to properly handle an eviction or your rights and responsibilities as a landlord? In today’s litigious environment that tends to favor tenants, do you want to risk the potential liability of managing a Sarasota rental property yourself?

• Reduce lost revenue

  Professional property managers know the Sarasota rental market better than anyone else. It takes someone in the business to help you best determine the best target rental rate for your Sarasota investment property and work with you on a strategy to minimize vacancy time. Through our experience, we also have established which marketing tools reach the broadest audiences and yield the best results.

  Did you realize that every week your unit remains vacant your annual revenue is diminished by nearly 2%?

• Reduce expenses

  Because of our extensive experience in Sarasota rental property management, we know how to avoid unnecessary repairs and reduce your maintenance expenses. We have an extensive, on-going working relationship with contractors, so we know the best contractor for each type of job. We use only well-screened, established contractors who offer competitive rates and prompt reply time. Our knowledge and experience helps keep your unit well-maintained (i.e., expenses down) and your tenant happy (i.e., revenue up).

• Get good tenants

  In the current real estate market, more and more real estate agents are taking up property management to supplement lagging sales volume. However, whereas all Florida professional property managers are licensed real estate agents, not all real estate agents can call themselves professional property managers. Rental property management is a highly specialized niche within the real estate industry. Using a professional property manager with years of experience in Sarasota rental property management offers you a distinct advantage.

  Mount Vernon Property Management’s associates are not only fully-licensed by the State of Florida, but they are all members of the National Association of Realtors®, as well as other state and local Realtor® associations, and therefore must abide by the addition requirements of that designation.

• But I cannot afford to pay a professional property manager…

  For the reasons outlined above, can you really afford not to? If a professional property manager can produce better results for you faster, you’ll quickly find our fees pay for themselves. That’s not to mention that property management fees are generally tax-deductible expenses associated with your investment property. Consult your tax preparer for details.

• Full-service vs. Lease-only Options

  We are pleased to offer property owners a choice in services for marketing and renting vacant units. Our managed program provides the best value and full-service management. Our non-managed program offers an alternative for owners who live locally and prefer to manage the unit themselves. Please contact us for a free, no-obligation proposal.