Management Services

Full Value Properties is committed to providing outstanding real estate property management services. We have managed single-family homes, townhomes, condominiums, and apartment buildings throughout Southern California for over twenty years. Below is an overview of our services.

Leasing Property

• A licensed and experienced Leasing Agent (Realtor) from our office will show your property to prospective tenants.
• All sign and advertising calls go directly to the Leasing Agent’s cellular telephone, not to an answering service. All online inquiries are also routed directly to the Leasing Agent for prompt follow-up.
• We provide a rental market analysis to help determine the appropriate rental price for your property.
• Your property is listed on the Multiple Listing Service (MLS), which is available to all Realtor members. There is no additional cost or commission paid by the property owner for this exposure.
• We place a Supra Lockbox on vacant properties to make it easier for Realtors to show your property to prospective tenants seven days a week during normal business hours.
• We use the most current rental forms available from the California Apartment Association and the California Association of Realtors.
• We conduct both Move-In and Move-Out Inspections with the tenant, and the results are documented on a form signed by the tenant.

Tenant Screening

• We carefully screen each tenant applicant through a thorough background review.
• For each prospective tenant, we obtain a full credit report, conduct an unlawful detainer (eviction) search, verify employment and income, and perform a criminal background check, as allowed by law.
• Applicants complete a full Rental Application through our website and order and pay for their credit report directly.

Marketing & Advertising

• We provide a comprehensive advertising and marketing program for your property at no cost to the property owner.
• A Full Value Properties “For Lease” sign, including our telephone number and website address, is placed on your property.
• We advertise rental properties on major real estate websites, including Zillow, Trulia, Zumper, and Realtor.com.
• Your property is listed on the California Regional Multiple Listing Service (CRMLS).
• Your property is also featured on FullValue.com.
• In addition, all available rental properties are promoted across our social media platforms.

Rent Collection

• Tenants may pay monthly rent at our office, by mail, or through Electronic Fund Transfer (EFT). EFT payments can be made through a secure Tenant Portal at no cost to the tenant.
• If rent is not paid by the specified due date, a late fee is charged to the tenant.
• We contact tenants by telephone and/or email when rent is not paid on time.
• If an eviction becomes necessary, we use The Eviction Center, a company specializing in evictions and the service of legal documents.
• We also have access to a local real estate attorney if needed.

Property Inspection

• An initial property inspection is conducted when the property is placed under our management.
• The property is also inspected when there is a tenant move-in or move-out.
• Quarterly exterior inspections are performed as part of our management process.
• An annual interior inspection may be requested by the owner for a fee of $200.00 per inspection.

Accounting

• A monthly statement of income and expenses (Property Statement) is sent by mail or email to the property owner by a specific date each month.
• After expenses are deducted, owner proceeds are sent monthly by check or by Electronic Fund Transfer (EFT). There is no fee for EFT payments.
• An online Owner’s Portal is available, allowing owners to view income and expenses conveniently.
• For tax filing purposes, owners are sent in January a Property Statement covering the prior year’s income and expenses, along with IRS Form 1099-MISC if required.
• All property funds are maintained in a bank trust account.

Maintenance and Repairs

• We are available twenty-four hours a day, seven days a week for emergency repairs. Non-emergency repairs are handled during normal business hours.
• We arrange for and supervise all authorized routine maintenance and repairs. Owners approve repairs above a specified dollar amount.
• We work with qualified vendors and contractors who are insured and licensed as necessary.
• There are no additional fees paid to Full Value Properties for arranging and supervising routine repairs and maintenance.

Management Fees

Full Value Properties provides clients with outstanding service and expertise. Our pricing includes no hidden charges. There is never a start-up fee or administration fee, and there are no hidden repair coordination fees.

Single Family Homes, Townhomes, and Condominiums

• Our monthly management fee is $175.00 per month. The first month’s management is free if we place the tenant.
• Our leasing fee is one-half of the first month’s rent (a full month’s rent).
• A $150.00 lease renewal fee is paid by the owner when a tenant’s lease is renewed.
• An annual interior inspection may be requested by the owner for $200.00 per inspection.