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CLASSIC PROPERTY MANAGEMENT, INC.

7658 N. OAK TRAFFICWAY
GLADSTONE, MO 64118
PHONE: (816) 436-9099 FAX: (816) 436-9399
Info@classic-property.com


 

 

MANAGEMENT SERVICES

·                     Owner consultation and personal inspection of property

·                     Listing of rental property on our website and a variety of additional websites for an additional charge

·                    Prospective tenants are screened for credit report, rental history, employment, criminal background and references are all checked prior to approval

·                    Tenant maintenance requests are investigated and forwarded to appropriate service vendors, or to owners as outlined in management agreement

·                    Move in and move out walk-through inspections, repair/damage resolution after tenant move out, security deposit disbursement

·                    Annual walk through inspection upon request (during tenancy at additional charge, see Inspections below)

·                     Property make ready (upon turn-over)

·                    Computerized monthly and year-end statements for each property along with a check or money directly deposited into your account. Statements and monies are distributed the 10th of every month.
Administrative Fee: $250.00 one time fee per residence - This sets up the account in our computer and filing system and also includes interior/exterior pictures for numerous websites
Management Fee: 10% of rents collected (minimum $60.00 per occupied unit/month) - We offer generous incentives and package deals for multi-properties or referrals
Leasing Fee: 6% of gross lease (equals 72% of 1 month’s rent on a 1-year lease)
Renewal Fee: 2% of gross lease which includes onsite inspection
Late Fees: Will be retained by the Management Co.
NSF Fees: A fee will be charged to the tenant when a NSF check is received, to be retained by the Management Co., for clerical time spent on collection of funds.
Vacancy Fee: No Charge
Reserve: A $200.00 or more reserve is kept in the owners account to accommodate emergencies at the residence (emergencies are described as services that we must provide for the tenant to maintain a standard of living, i.e.: plumbing, air conditioning/heating, etc.). This reserve may go up or down depending on the needs of each property. Owners who provide their own maintenance will have a lower reserve.
Eviction Protection (Optional): Classic Property Management, Inc. provides an Eviction Protection Program for the nominal monthly fee of $8.00 per unit per month. Participation in this Program will allow the Owner to avoid the first $500.00 in costs of pursuing an eviction action against a defaulting tenant. CPM, Inc. will pay the costs of attorney fees, filing fees, sheriff fees for service of process and the costs of appearing in court if the tenant seeks a hearing before the court for the first $500.00. The coverage of the Program does not include the costs for a jury trial requested by tenant in conjunction with an unlawful detainer action (such trials are rare). Participation in the Program is at the discretion of the Owner and must be in writing between CPM and the Owner.  CPM, Inc. will accept new properties with existing tenants but will not provide Eviction Protection until a six month waiting period exists and then will be discussed with the Owner.  If an Owner wishes to have Eviction Protection on existing tenants, charges will begin on the day of contract.
Survey (Optional): A detailed survey of interior/exterior with a written report and pictures mailed to owner at a fee of $100.00 at owner's request.

LEASING SERVICES

FEES:

  • Leasing Fee: 1/12th of procured lease.
  • Listing Fee: One time fee of $150.00 (This includes digital pictures of interior and exterior of house, set up of property in computer for website advertising, etc).

ADVERTISING:

·         Classic Property Management, Inc. Website (classic-property.com), with pictures and description.

 

·         Flyer with current listings available on exterior of office building and also in our lobby.

SERVICES INCLUDE:

  • Showing the rental property to prospective tenants. We also have a key check out system for some of our vacant homes. Prospective renters can then see the property at a time that is most convenient for them and not have to work around an agents schedule or be rushed.
  • Tenant screening with credit report, employment and residential history verification and criminal background checks on each adult 18 years and over.
  • Lease negotiations between prospective tenant and owner.
  • Lease signing with tenant.
  • Copy of lease, credit reports, criminal back ground checks and move in inspection report will be provided to owner when Lease is finalized.
Design © 2004 HT Dev. All Rights Reserved. Classic Property Management Inc., #7658 N Oak Tfwy, Gladstone, MO 64118

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