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Property Management

Whether you are in search for your next pad, or an investor looking for management services, Northern Realty Group’s property management division is here to help.

Property Owners

We provide professional, personalized service to take a number of worries off your plate. Our property management team:

  • Markets properties with yard signs and listings on Realtor.com and 81 other top sites
  • Ensures a thorough screening process for potential residents
  • Negotiates leases
  • Collects rent monthly
  • Maintains and repairs properties
  • Reports and records resident communication
  • Arranges for lease renewals
  • Conducts move in and move out inspections https://oes..n-oesterreich/

Residents

Northern Realty Group’s courteous, professional property management team makes it easy to love living in your home!

When leasing your residence, you’ll enjoy many benefits, including:

  • A convenient online rent payment system
  • Worry-free property maintenance
  • A smaller investment than a mortgage
  • A lower cost of insurance
  • The flexibility of a lease
  • A friendly, knowledgeable property manager

Northern Realty Group operates in compliance with the Texas Property Code.

FEES

Property owners receive a monthly statement with property expenses before fees are paid. Our fees are customized to your needs. Please call us to inquire.

LEASE RATE

A property’s lease rate will be determined by its existing condition and location, as well as the rates of comparable nearby homes.

RESIDENT SCREENING

Potential residents are screened through a comprehensive application process, including credit and criminal background checks, employment verification and rental/mortgage payment history.

RENT COLLECTION

Rent is due on or before the 1st of each month, and is considered late after midnight on the 4th of the month. Late fees are assessed at that time. Property owners are paid around the 10th of each month once all rents have cleared.

MAINTENANCE REQUESTS

Our property management team serves as the point of contact for any and all resident questions, concerns and requests—like those unpleasant midnight repair and maintenance calls. All maintenance requests must be submitted in writing to the property manager.

INSURANCE

All property owners must have a commercial general liability insurance policy listing Northern Realty Group as the additional insured party to protect against claims from the operation, leasing and/or maintenance of the property.

SECURITY DEPOSITS

A security deposit equal to one month’s rent is required from the resident; the deposit can be held by Northern Realty Group or the property owner. The security deposit cannot be disbursed until the resident vacates; it can only be disbursed to the owner or resident.

All of our employees are covered by general liability (including employee dishonesty coverage), errors and omissions, and workman’s compensation insurance policy. Contact our office to obtain a copy of our certificate of insurance.[1]

RESIDENT MOVE OUT

Upon receiving notice that a resident is moving out, we provide him/her with a written form of his/her duties, including the expected costs of any steps not taken. Then, we ensure that the owner’s funds are available for the next resident to be able to move in and prepare for the transfer of utilities.

After move out, we perform an inspection to determine the condition of the property and whether any items need to be charged to the former resident. We work with our maintenance team to get quotes for any necessary repair work, then market the property to find a new resident.

RESIDENT MOVE IN

Prior to the new resident’s move-in, all smoke and carbon monoxide detectors are tested and the batteries are replaced as required by law. To ensure safety and security, the property is re-keyed.