Jaqua Realtors Property Management Booklet

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PROPERTY MANAGEMENT


“Our commitment to consistent service is evident by our successful results.


RENTAL DIVISION Created in response to the growing demand from our relocating corporate clientele and individuals looking for housing alternatives, Jaqua’s Property Management Division offers solutions for today’s landlords.

We concentrate on long-term occupancy through:

» Marketing Strategies • Our effective marketing strategies reach audiences on local and national levels • Your property’s features are readily available to interested parties • Our strong alliance with major corporations allows us to show your property to employees transferring into the area on a regular basis • Nationwide networking allows us to target the appropriate rental market, creating a seamless match between your property and potential tenant

» Property Leasing Procedures • Our lease and other documents are carefully drafted with the landlords protection in mind • The documents will be reviewed with the parties to promote a clear understanding of the terms and expectations

» Property Management

• Our services reduces your risks, minimize inconveniences and eliminate hassles of everyday maintenance • You will have peace of mind knowing your property is being protected by our professional maintenance program


“Our Relocation Division is a primary source for many of our landlords, resulting in an invaluable resource.


PARTNERSHIP WITH RELOCATION Jaqua Realtors is the Southwest Michigan area’s leading full service relocation company. The close partnership between Jaqua Realtors’ Relocation and Property Management Divisions offers our landlords a variety of resources and ideal exposure to our corporate clients. Our extensive relocation services are designed to offer corporate transferees full service relocation. Area corporations see Jaqua Relocation and Property Management as the only option for their relocation and rental needs.

» We welcome newcomers to the area with complimentary services

• Nationally recognized Relocation Guide • Comprehensive community tour with maps and community highlights • School interviews and tours • Temporary housing opportunities • Buyer representation and home finding services • Partner employment assistance • Alcoa • AM Todd Company • American Axle Manufacturing • Armstrong International • Bell’s Brewery • Borgess Health • Bronson Healthcare Systems • Consumers Energy • Denso Manufacturing Michigan • Dimplex Thermal Solutions • Discover Kalamazoo • Eaton Corporation • Family Medical Center • Fetzer Institute • Fifth Third Bank • Flowserve Corporation • Gast Manufacturing • Getman Corporation • Graphic Packaging

• Greater Kalamazoo Area Schools • Greenleaf Companies • Heart Center for Excellence • Heritage Community of Kalamazoo • Janesville Acoustics • Kaiser Aluminum • Kalamazoo College • Kalamazoo Emergency Associates • Kalamazoo Valley Community College • Kalsec • Kellogg Company • Lakeland Regional Health Systems • Mann + Hummel Automotive • MPI Research • Newell Rubbermaid • Parker Hannifin Corporation • Perrigo Company • MPI Research

• Lakeland Regional Health Systems • Newell Rubbermaid • Parker Hannifin Corporation • Perrigo Company • Pfizer Inc. • PNC • Schupan & Sons • Southwest Michigan First • Stryker Corporation • Target Corporation • Textron • Thermo Fisher Scientific • W.E. Upjohn Institute • Walther Farms • West Michigan Cancer Center • Western Michigan University • WMed • Wolverine Pipeline • Zoetis


REAL ESTATE SERVICES As the largest independent real estate brokerage in the Southwest Michigan area, Jaqua Realtors has assembled a group of professionals with a multitude of talents and diverse backgrounds, all collaborating to deliver exceptional real estate services. Our single goal is successfully serving our clients. It is our group synergy along with our individual and corporate commitment to excellence that produces these results.

Jaqua Realtors is a full service real estate company.

» Services to both buyers and sellers • Comprehensive plans for buyers • Complete marketing strategies for sellers

» Progressive and expanding firm • 11 offices conveniently located throughout West Michigan, open 7 days a week until 9 p.m. at the Kalamazoo and Portage offices • Over 210 full-time residential specialists committed to exceeding clients’ expectations

» Experienced team of advisors on-site • Real Estate - Jaqua Realtors • Mortgage - Summit Home Mortgage • Title - Southwest Michigan Title • Insurance - Arcadia Insurance Services • Home Staging & Interior Design - Distinguished Homes • Home Moving Services - Southwest Michigan Community Resources • Property Management - Jaqua Property Management Division

Through our extensive services and network of professional advisors, we are at the forefront of counseling and referring prospective renters to you, the landlord.


“Our concerted effort to uphold our reputation means exceeding the expectations of our clients.



MARKETING STRATEGIES We incorporate multiple marketing efforts into a comprehensive campaign for your rental property. Understanding consumer behavior and providing a targeted marketing approach allows us to remain increasingly competitive. Our ability to successfully target suitable renters for your property translates to a high success rate with long-term benefits for you, the landlord.

We utilize multiple approaches to maximize your home’s exposure.

» Internet Marketing • Our marketing on multiple websites allows your property to reach a national audience

» Multiple Listing Service • Your property will be listed on the Multiple Listing Service

» Local Advertising

• Jaqua Realtors advertises in several local publications, creating greater visibility and attraction to our Rental Department

» Additional Marketing • Your property is further highlighted with a yard sign placed in the front yard

“Our strategy of utilizing advanced online, print and traditional media places your property at the fingertips of renters.”


INTERNET MARKETING www.mlive.com

» www.jaquarealtorsrentals.com • Over 30,000 visitors per month • Displays instant information and multiple pictures • Highly promoted on a global scale

» www.mlive.com • Up to 1.1 million unique visitors per month

www.swmric.com

• Updated 24 hours a day

» www.ric.flexmls.com • Regionally, an additional 5,200 licensed real estate agents from South Haven to Battle Creek will have access to the details of your home


• Our coordinated advertising efforts, allow us to save you thousands annually on your advertising budget. Our website automatically published your units on all appropriate websites, including: jaquarealtors.com, Zillow, Trulia, Realtor.com, Hotpads, Houserentals.com, Everyrent.com, Rentmatch.com, Mynewplace. com, Padmapper.com, Rentlingo.com, Mihomesnetwork.com and more. Nationwide networking allows us to target the appropriate rental market, creating a seamless match between you property and potential renters

Mynewplace.com

» National Websites

Padmapper.com

INTERNET & LOCAL MARKETING

Trulia.com

• A section about the relocation division and long-term rentals is advertised in our “Relocation Guide.” Jaqua’s “Relocation Guide” is requested by human resources personnel, sales managers and corporate officers for prospective employees and newcomers to the community. In production since 1982, over 1,200 guides are currently distributed annually

Zillow.com

» Relocation Guide

INTERNET & LOCAL MARKETING


ADDITIONAL MARKETING » Print & Social Media • Our advertising efforts extend to the Grand Rapids Press,Yellow Pages, PMA, and Facebook, as well as extensive marketing with local universities, hospitals, and major human resource departments in the community

» “For Lease” Sign • A Jaqua “For Lease” sign will be prominently displayed on the property, providing a phone number for direct inquiries

» Sentrilock Keybox • A Sentrilock keybox will be placed on the property, allowing for convenient showings

mlive.com


DOCUMENTATION & COMPLIANCE Jaqua Realtors offers the following services:

» Proper Documentation and Procedures

• Our extensive lease professionally drafted by an attorney, is designed specifically to protect you and can be altered for specific needs and situations • Other required forms, such as the Lead-based Paint Disclosure will be made available to the tenant • An Inventory Checklist will be completed, with the condition of your home documented with photos for added protection

» The Application Process • Our thorough procedure enables you as the landlord to make an informed decision • Jaqua Realtors typical process includes: complete employment verification, rental history, credit history, criminal and sex offense background checks • At your direction, a security deposit is collected before your tenant is allowed to move-in • Jaqua Realtors acts as the contact throughout the application process, providing distance between you and your tenant

» Strict Compliance

• Jaqua Realtors endorses and promotes compliance with: • Civil Rights Act • Fair Housing Act • Americans with Disabilities Act • Equal Credit Opportunity Security Act • Security Deposit Act • Inventory Checklist Act • Lead-Based Paint Disclosures & Regulations • Federal, State and Local Laws


PROPERTY MANAGEMENT Jaqua Realtors offers customized property management assistance utilized by landlords from across the United States. Our services can minimize your risks, reduce inconveniences and eliminate the hassles of everyday maintenance tasks while giving you peace of mind. You can rest assured that your property is being protected by our professional maintenance program.

Jaqua Realtors professionally manages your property so you can enjoy the full benefits of being a landlord.

» Account Management

• We provide you with comprehensive access to your property data with effective account management tools

» Budgeting and Cost Control • Our expertise and assistance in this area allow for better control with regards to your property and finances

» Home Maintenance • At your instruction, Jaqua will inspect the property and communicate with the tenant to confirm that your property is maintained thoroughly. With your approval, thorough repairs will be made in a timely manner


ACCOUNT MANAGEMENT » www.jaquarealtorsrentals.com • Prospective clients can search and apply for your available property online • As a property owner, Jaqua’s unique system allows you unparalleled access to your property data on demand through a personalized online account • Maintenance requests for your property can be generated online by the tenant: • Jaqua staff can quickly generate and schedule work orders • You have complete access to view the status of any repairs, including completion date, work details and any associated costs • Online payments can be made by the tenant: • Jaqua’s online process provides quicker acceptance of funds for your property • You can review your financial report online at any time, including payments deposited to your account, when the management fee was deducted and any property bills that were received and paid

“Our effective account management tools provide our landlords with unparalleled access to property data.”


“You can depend on Jaqua Realtors to keep track of your real estate investment with professional records and automated transactions.


BUDGETING & COST CONTROL Jaqua Realtors offers the following services:

» Monthly Income

• Tenant’s rent is directly deposit into your bank account • Funds will be applied to the mortgage or equity payments • Balance will be used to build a reserve account for future tax payments or deferred maintenance issues

» Repair Costs

• Repair costs will be paid out of the property’s account • You are responsible for the reimbursement of any costs over $500 or any cost that will not be recovered with one month’s rent payment • You will receive copies of all the invoices detailing the completed work

» Monthly Reports • Through your online personalized owner portal account you can view an itemized report detailing all the activity on your account • When the rental payment was deposited • When the management fee was deducted • Any maintenance issues • Any property bills that were received and paid

» Tax Preparation • After year-end, the account will be reconciled and detailed statements will be available for you to view online through your personalized owner portal account • You will receive an 1099 form detailing all of the income received • All vendors who receive payments in excess of $600 with regards to work completed for your property will receive the mandatory 1099 form in compliance with legislation H.R. 3590 • These reports are vital to your record keeping


“Our extensive Property Management services provides a hassle-free landlord experience with added peace of mind.


HOME MAINTENANCE Jaqua Realtors offers the following services:

» Maintenance Issues

• Jaqua Realtors has response procedures in place for routine and emergency maintenance issues • The relationships with reputable contractors are to assist in the response time and quality of work • Jaqua authorizes, coordinates and oversee any necessary maintenance as well as processes, approves and pays all bills on approved work orders • Emergency issues will be ordered immediately to prevent further disruption, and you will be notified of the status as soon as possible • Maintenance requests for your property can be generated online by the tenant • Our services reduce your risks, minimize inconveniences, and eliminate hassles of everyday maintenance tasks

» Property Inspections • Inspections are performed on a periodic basis • As the landlord, you will receive a written report on the condition of the home • The process is designed to inform you of the home’s current condition and to detail any preventative maintenance issues

» Move-Out Inspections • A move-out inspection is performed using the inventory checklist to assess any damages from the tenant • The coordination of contractors will be scheduled to repair damages, based on homeowner approval, and the security deposit will be adjusted accordingly • The property will be rent ready and prepared for the next tenant

HOME MAINTENANCE


CONTACT US As the leading full service Property Management Division in the West Michigan area, we offer effective, proven solutions for today’s landlords.

OUR STAFF KALAMAZOO OFFICE Andrea Hargrave ahargrave@jaquarealtors.com Theressa Jackson tjackson@jaquarealtors.com Ashley Steele asteele@jaquarealtors.com Mary VanStreain mvanstreain@jaquarealtors.com Chris Wimbley cwimbley@jaquarealtors.com ST. JOSEPH OFFICE Karina Demorrow kdemorrow@jaquarealtors.com Joeleen Crile jcrile@jaquarealtors.com BATTLE CREEK OFFICE Maggie Buerkel mbuerkel@jaquarealtors.com Cassidy Ramsey cramsey@jaquarealtors.com

www.jaquarealtorsrentals.com

OFFICE LOCATIONS

PORTAGE - PROPERTY MANAGEMENT LOCATION 328 W. Milham Ave. | Portage, MI 49024 269.226.2996 | 800.843.6443 | 269.349.8353 (fax) ST. JOSEPH - PROPERTY MANAGEMENT LOCATION 4233 Red Arrow Hwy. | Stevensville, MI 49127 269.983.8051 | 269.983.8041 (fax)

BATTLE CREEK - PROPERTY MANAGEMENT LOCATION 15150 S. Helmer Rd. | Battle Creeek, MI 49015 269.704.1002 | 269.704.1001 (fax) GRAND RAPIDS 202 44th Street SW | Grand Rapids, MI 49548 616.369.1991 HASTINGS 100 S Jefferson Suite A | Hastings, MI 49058 269.704.1000 KALAMAZOO 221 S. Drake Rd. | Kalamazoo, MI 49009 269.341.4300 | 888.379.7711 | 269.567.7710 (fax) PLAINWELL 302 S. Main St. | Plainwell, MI 49080 269.685.6858 | 888.631.3200 | 269.685.9912 (fax) PORTAGE 414 W. Milham Ave. | Portage, MI 49024 269.381.7653 | 800.959.0759 | 269.381.6410 (fax) RICHLAND 12374 East D Ave. | Richland, MI 49083 269.629.5612 | 269.629.5776 (fax) SAUGATUCK 202 Center Street | P.O. Box 997 | Douglas, MI 49406 269.857.8030 SOUTH HAVEN 513 Broadway | South Haven, MI 49090 269.637.6537 | 888.764.2836 | 269.637.9037 (fax)


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