We will market your property the same way we market our other properties. You get all the same website exposure, classified advertising, leasing agent attention, and signage as our lease-with-management clients get. We currently receive 30 to 40 applications a month and can lease your home quickly to quality tenants.
See How We Market Our Properties
You make all the decisions.
We will contact you when we have an application. We will show the property; receive the application; pull credit, rental history, and verify employment; and review the application with you. Since you will be managing the tenant you should be making the decision on who gets approved and the terms of the lease. We will get your authorization in writing and prepare the paperwork, just as you have approved it.
We will have the tenant sign a lease naming you (your LLC, Corporation or Land Trust) as the landlord.
This lease has been perfected and revised for over 15 years and is approved by our attorney. We even have permission to leave the law firms name on the lease to add to its credibility with tenants and enforceability with judges. Seven thousand tenants, plus hundreds of court visits, countless judges and many tenant attorneys have taught us what this lease should say. View the lease »
You will also get all the tried-and-tested exhibits needed like a pet addendum, roommate addendum, mold disclosure and more. View the exhibits »
We will do the Move-In Inspection.
We will meet the tenant at the property, document the condition, log the make, model, and color of the appliances, hand over keys, and get the security deposit, in certified funds, made out to you. You hold their deposit, not myHomeSpot. We do all this to conform to the Florida Landlord Tenant Act so you are on solid ground with the law from day one. View the move-in forms »
You get all the original papers and security deposit.
Within 10 days of their move-in you will receive all the signed documents, application, credit report, security deposit and phone numbers. We keep the first month’s rent as our fee.
You may be eligible for collection program if the tenant leaves owing you money.
If the tenant moves out owing you money, you may be eligible for our collection program. View our collection program »
If the tenant renews the lease (or buys the property) you owe us nothing.
Think about it:
- We do the advertising
- We show the property
- We investigate the applicant
- You get to approve the deal
- We prepare a stellar lease and exhibits
- We meet with the tenants to sign all the documents
- We do the move-in inspection
- You get the security deposit
- You get the keys and the contact information
- You do the management
You get our marketing machine, our leasing staff, our qualifying system, our lease, our forms, our exhibits, and the benefit of our move-in procedures.
Get Started Now!
- Submit a form to our new client services department to discuss the location and rental rates for your property.
- Complete the listing paperwork when you receive a response from our new client services department.
- Pay the $300 advance deposit (see explanation of the advance fee below). View payment options »
- Give us keys
- Go play golf - we’ll do the rest; it’s that simple!
There are two reasons we collect part of our commission up front.
First, we’ve done Tenant Placement for over 14 years. Experience has taught us that investors who use this service are entrepreneurs and hands on people. They will place their property on the market with myHomeSpot just to see what happens, and continue to advertise and look for their own tenant. No one sits back, folds their hands and waits for us to lease the property. They keep trying to rent it themselves and we understand.
Too often, after listing the property with us, owners will accept an applicant (many times an unqualified one) from another source, and withdraw the listing to keep from paying our fee. This was frustrating and very expensive. We have learned over time that we should expect this and not try to prevent it. Although it was unfair to myHomeSpot we could not figure out how to prevent it. So we stopped trying. The advance fee helps us recover some of our initial marketing expenses when this situation occurs. Now you can rent your own property, after listing with myHomeSpot, and pay nothing extra.
Secondly, it’s expensive to send someone to the property to take digital pictures, crop and clean them up, list the property in the multiple listing service, list it on expensive web sites, put up a sign, and a lockbox. It takes a lot of time and manpower to get this done. The $300 advance fee helps cover some of these expenses and shows us that you are serious about tapping into our system. We don’t want everybody jumping on board “just to see how it works”. It takes too much time, labor, and money getting a property into the system.
Exhaust your other options first. Try to rent it yourself. If it doesn’t work, we would love to help you, but we want you to be serious enough to have some skin-in-the-game before we take on your property. We want to do a good job and a little seed-money is necessary to do it right.
With this advanced fee we can now encourage you to ‘keep trying to rent it yourself’. We are no longer afraid of you finding your own tenant after you list with us. In fact, we encourage it. We will still help with the qualifying, lease preparation, execution, and move-in inspection if you want us to for a reduced fee. Let’s work together to make it happen.
The cost of our Tenant Placement service is the first month’s rent. We deduct this $300 advance from that fee.
Why it makes good sense to pay myHomeSpot a $300 advanced fee to get into the Tenant Placement program