Tenant Placement Program We recognize that some landlords want help renting their property, but want to manage it themselves.
Tenant Placement Service is the answer.
- We will market your property the same way we market our other properties.
You get all the same website exposure, classified advertising, leasing agent attention, and signage as our lease-with-management clients get. - You make all the decisions.
We will contact you when we have an application. We will show the property; receive the application; pull credit, rental history, and verify employment; and review the application with you. Since you will be managing the tenant you should be making the decision on who gets approved and the terms of the lease. We will get your authorization in writing and prepare the paperwork, just as you have approved it.
- We will have the tenant sign a lease naming you (your LLC, Corporation or Land Trust) as the landlord.
This is a GAR Lease has been perfected and revised for over 25 years by one of the largest real estate law firms in Georgia. We even have permission to leave the law firms name on the lease to add to its credibility with tenants and enforceability with judges. The GAR Lease Form has been universally used, countless judges and many tenant attorneys have taught us what this lease should say.
You will also get all the GAR tried-and-tested exhibits needed like a pet addendum, roommate addendum, mold disclosure and more.
- We will do the Move-In Inspection.
We will meet the tenant at the property, document the condition, log the make, model, and color of the appliances, hand over keys, and get the security deposit, in certified funds, made out to you. You hold their deposit, not Crown. We do all this to conform to the Georgia Landlord Tenant Act so you are on solid ground with the law from day one.
View the Landlord Tenant Law »
- You get all the original papers and security deposit.
Within 8 days of their move-in you will receive all the signed documents, application, credit report, security deposit and phone numbers. We keep the first month’s rent as our fee. - If the tenant renews the lease (or buys the property) you owe us nothing.
Think about it:
- We do the advertising
- We show the property
- We investigate the applicant
- You get to approve the deal
- We prepare a stellar lease and exhibits
- We meet with the tenants to sign all the documents
- We do the move-in inspection
- You get the security deposit
- You get the keys and the contact information
- You do the management
You get our marketing machine, our leasing staff, our qualifying system, our lease, our forms, our exhibits, and the benefit of our move-in procedures.
Here’s what to do: - Submit your property information so that we can run a rental comps analysis. You will recieve this within 24 hours, except on weekends.
- Pay the $300 marketing fee (see explanation of the marketing fee below).
View payment options » - Give us keys
- Go play golf
- We’ll do the rest; it’s that simple!
Why it makes good sense to pay a $300 marketing fee to get into the Tenant Placement program
There are two reasons we collect a marketing fee before we list the property.
Experience has taught us that investors who use this service are entrepreneurs and hands on people. They will place their property on the market just to see what happens, and continue to advertise and look for their own tenant. No one sits back, folds their hands and waits for us to lease the property. They keep trying to rent it themselves and we understand.
Too often, after listing the property with us, owners will accept an applicant (many times an unqualified one) from another source, and withdraw the listing to keep from paying our fee. This was frustrating and very expensive. We have learned over time that we should expect this and not try to prevent it. Although it was unfair, we could not figure out how to prevent it. So we stopped trying. The advance fee helps us recover some of our initial marketing expenses when this situation occurs. Now you can rent your own property, after listing with us, and pay nothing extra.
Secondly, it’s expensive to send someone to the property to take digital pictures, crop and clean them up, list the property in the multiple listing service, list it on expensive web sites, put up a sign, and a lockbox. It takes a lot of time and manpower to get this done. The $300 advance fee helps cover some of these expenses and shows us that you are serious about tapping into our system. We don’t want everybody jumping on board “just to see how it works” as it takes too much time, labor, and money getting a property into the system.
Exhaust your other options first. Try to rent it yourself. If it doesn’t work, we would love to help you, but we want you to be serious enough to have some skin-in-the-game before we take on your property. We want to do a good job and a little seed-money is necessary to do it right.
With this advanced fee we can now encourage you to ‘keep trying to rent it yourself’. We are no longer afraid of you finding your own tenant after you list with us. In fact, we encourage it. We will still help with the qualifying, lease preparation, execution, and move-in inspection if you want us to for a reduced fee. Let’s work together to make it happen.
The cost of the Tenant Placement service is $300 to get started, plus the first month's rent when we lease the property.
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