LEASING & MANAGEMENT FEES

 

We’re Team Laguna.
When you care about your home, we do too.
There’s a reason our office ranks #1 throughout California in volume of transactions: we’re the most recommended leasing company in town. That’s because we love clients who care about their homes—and we prove it by bringing them the most desirable, trustworthy and responsible tenants possible.
If you’ve come to us, we know you care about your home. And as knowledgeable, dedicated local professionals, our goal is to help you find a highly-qualified, low-maintenance tenant for your property, whether for long-term or vacation rental.
How we work
As soon as we take a new listing, the marketing begins immediately. Listing Managers Danielle Purcell owner and  Laura Baptista, who’s been with Team Laguna for over 10 years will get the ball rolling. Office Assistant and Property Manager Kate Keast, herself a 20-year Team Laguna veteran, runs the rental division and property management team.

 

We advertise on as many websites as possible. In addition to the MLS, we submit your information to the local newspaper and an extensive network of online real estate sites to give your home maximum exposure (please see attached for examples and details). This is more than a one-time ‘blast’—it’s a continuous engagement until we find you the ideal tenant.
And how do we do that? By providing and engaging:
Initial walk-through           
To advise you on factors affecting rentability

 

Preparation advice               
To suggest ways to maximize rents and resale value

Vendors
To arrive at recommendations regarding home improvement and maintenance

 

Rental pricing
Determined by a thorough market survey and rental analysis

 

Marketing
With high-quality photography and ad placement on the industry’s leading sites including MLS, Trulia, Zillow, HotPads, Craigslist and many more

Signage
Beginning with an inviting ‘For Lease’ sign at property

 

Tenant screening
Our process includes reviewing of application, credit and background screening, three months of bank statements, and verification of income and copy of ID.  We also check references with past landlords.
Team Laguna owner and broker Danielle Purcell personally approves all tenants. All paperwork, including applications and leases, are approved by Danielle before being submitted to the property owner. Her knowledge and expertise with reading between the lines have shaped Team Laguna’s success; however, the owner always has the final say and approval for applications.
Short term rentals are prepaid and subject to a shorter application form. 

 

What it costs

Our current fee schedule is as follows:

Leasing fees
(As all of our listings are published in the MLS, we fully cooperate with other brokers; commission is shared)
  • Year lease is 7% 
  • Short term rental is 15%
  • ½-month commission for month-to-month lease
Residential Management
(optional)

Option #1 4%  – Lease, Rent Collection and Basic Coordination
Collect rent, forward checks to Landlord (less management fee)
Visual inspection of exterior condition of property (annually)
Field complaints from Tenants and coordinate maintenance and repairs
Forward billing for services to Landlord or advance payment by check (Landlord pays bills directly)
Exclusions: Trust account, income/expense reports, NSF collections, eviction services


Option # 2 6% – Lease, Rent Collection and Moderate Coordination
Maintain Trust Account
Collect and clear rent payments through Trust Account, deduct fees and issue check to Landlord
Field complaints from Tenants and coordinate maintenance and repairs
Secure approved purchases such appliances
Maintain agreed upon balance in Trust Account for payments of services; e.g. lawn, utilities, repairs
Pay utilities and maintenance through Trust Account (excludes mortgage and tax)
Visual inspection of exterior condition of property (semi-annually)
Provide annual income and expense reports
Post and mail 3-day notice to quit
Exclusions: Major repairs and remodel


Option # 3 8%– Lease, Rent Collection and Turn-key Coordination
Maintain Trust Account
Collect and clear rent payments through Trust Account, deduct fees and issue check to Landlord
Post and mail 3-day notice to quit
Field complaints from Tenants and coordinate maintenance and repairs
Secure approved purchases such appliances
Maintain agreed upon balance in Trust Account for payments of services; e.g. lawn, utilities, repairs
Pay all bills through Trust Account
Visual inspection of exterior condition of property (semi-annually)
Bid repairs and remodels
Provide access and oversight for vendors, contractors and designee of the Landlord
Provide monthly income and expense reports

 

 

 
Say when
We handle sales as well, and we have an extensive inventory of clients and buyers in every price range. Our goal is to be your full-service real estate brokerage for life. Please let us know if you have any questions.
We’re ready to get started whenever you are!

 

 

Top 10 Reasons to Choose Team Laguna

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