Almost every real estate investor desires a satisfactory income from their properties without the inconveniences of having to manage & attend to it. At Accor, we offer our expertise and personalized techniques of managing your property. Our management concept is founded on professionalism, integrity, accountability, and quality series which guarantee the maximum returns from your investment, while maintaining your property at the highest standards to attract the best tenants possible. Accor Homes offers leasing and property management services for both residential and commercial properties in the Kingdom.
When you appoint a property manager for your property, the biggest of your concerns will be does the property manager properly attends or un-attends the calls and queries. This kind of responsiveness is what you can expect from us when one of your most expensive assets is sitting vacant generating no income. We make it our top priority to ensure your asset is being marketed and maintained properly. Whereas others charge an advance fee, but we do not. We are so confident in our abilities to rent your property quickly, and to the right tenants, that we charge nothing until first months’ rent has been collected. That’s the confidence!
We are a full-service property management company, providing rental property supervision and management, from handling complete lease agreements & other documentations on behalf of the tenants & landlords, tenant screening, rent collection, tenant relations, evictions and mortgage, bill payments, property inspection, property marketing & advertising, showing property to the clients, property maintenance/repairs, maintaining maximum tenant occupancy rate etc. In short, our prime motive is to maximize earnings while minimizing expenses & we will eliminate all your headaches that come from being a landlord. We can provide many references both on the tenant and the owners' side of the transaction.
Full Management Service includes:
- Current market analysis of rental property value.
- Advertising includes professional signage, banners, ad posting on various local websites, select print media, and may include direct mail.
- Arrange property visits for the tenants on short notice.
- Thorough tenant screening with owner review and ultimate approval.
- Detailed property inspection prior to tenant occupancy & at lease conclusion as well as periodic inspections as needed.
- Timely rent collection and monthly accounting.
- Paying all bills relating to your apartment.
- Maintenance and repair management as needed and authorized
- Keeps you posted on all matters relating to your apartment/property to help preserving your investment.
Our tenant placement services are for the person who prefers to handle the day-to-day management of their property without advertising, showing, screening and doing the initial lease execution. We handle all of that for you.
After a thorough screening that includes real reference checks, credit history review, and income verification, followed by the owners‘ ultimate approval of the prospect’s qualifications, We feel this formula provides great results leading to 100% success (zero evictions) to date.
The cost for this service is 2/3 of one months' rent - this includes all advertising, property demonstration, credit/background screening, and lease execution. Like all services, we do not require any advance payment; the fee is taken from rent collected.
The fee for full service is 10% of the rent collected (which means when the property is vacant, there is no fee). We keep our clients’ best interest at the forefront of our business practices and take the steps necessary to maintain occupancy staying up-to-date with all rental transactions. We provide owner the access to view the lease, any repair bills, whether the tenant has paid their rent, and review your rental income details. Full management services require a minimum 12-month commitment.
With Accor Homes, we have no extra fees or service charges. We operate our business based on honesty, which can be a rare quality in todays’ market.
|FLAT RENT||PER MONTH BHD||PER YEAR BHD|
|Our Fees (10%)||50||600|
In Real Estate investing the common wisdom is location, location, location. As a Property Owner renting Real Estate, it’s occupancy, occupancy, occupancy. At Accor Property Management, our goal of 100% occupancy is paramount for EVERY property we manage and is on-going in EVERYTHING we do. When your assets remain vacant, money out of your pocket is being lost; therefore maintaining occupied rental properties is essential.
One of our most successful strategies to achieve and maintain 100% occupancy is that of anticipating turnovers and staying on top of rental market trends. Our community managers are trained to keep their eyes and ears open to their tenants and use the management software to track leases coming up in the next 90 days to start that dialog with both owner & tenant. Avoiding lost rent by keeping the lines of communication open with the current tenant is key. If the tenant plans to vacate, preparation of a marketing plan to lease the property is developed about 60 days prior to the lease expiration and implemented 45 days prior to the turnover. Keeping up with what is happening in the community allows ACCOR to anticipate turnovers and quickly fill vacancies minimizing lost revenue
Lease Disputes/Administrative inquiries:
Tenants often push certain maintenance or improvements beyond what is required by the owner. ACCOR balances unreasonable requests against keeping quality tenants in place. Our Leasing agreements and other tenant related terms and conditions are regularly reviewed by the extensive network of qualified legal staff to ensure they address the latest legislative changes and any case law challenges in the rental industry. Knowing that the document utilized by ACCOR is the latest and greatest brings or clients much peace of mind.
Maintenance of Tenant Lease Files/Information:
Accor Homes does not allow leases to go month to-month unless there are specific circumstances or preferences of the owner. The risk of no lease in place is that the tenant vacates at a time of the year (such as the holidays) when it’s much more difficult to find a new tenant. Each property has both a physical and electronic files maintained as required by the Bureau of Real Estate.
Maintenance Expenses/Authority to Repair/Reserves:
Unless the client requests otherwise, ACCOR asks for no authority to repair anything without the owners’ consent. In rare instances where there is an emergency and the owner cannot be reached, independent discretion may be utilized. We also requests no reserves from the owner for rental expenses; our vendors allow payment to occur from rent reserves. If any expenses are incurred, they are detailed to the owner either via owner portal or a copy of the invoice is included with the monthly statement. ACCOR’s expertise in various minor common calls from tenants can save owners substantially as many items can be resolved with telephone or personal visit inspection by our staff with no expense incurred; that’s industry knowledge you want working on your behalf.
ACCOR HOMES will take the hassle out of owning investment Real Estate. We are your full service solution to allow you to relax knowing that your investment is well cared for in a professional manner. We look forward to providing you with unparalleled services and results that will save you time and money and maintain optimum occupancy levels.
Remember – we offer free property assessment/rental value to better determine your cash flow.
…Call us now for a complimentary valuation of your property…!