ESQ. Realty Group logo

ESQ. Realty Group

MAIN OFFICE
1501 N University Ave Ste 465
Little Rock, AR, 72207
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OUR SERVICES

     We offer a wide range of property management services to ensure that your property is well maintained and most importantly profitable.  Our goal is to eliminate the burdens and stress associated with owning a rental property.

 

  • Effective marketing strategies to quickly fill vacancies at the highest rent rates
  • Tenant showings, applications, extensive background screening, and leasing
  • Rent collections, late fees, and evictions
  • Handle all communication with the residents to take care of any maintenance or inspection needs.
  • Complete monthly financial statements provided to owners via online portal
  • Annual budgeting with investment goals

 

 

MANAGEMENT FAQs

Why is ESQ. Realty Group my number one choice for the management of my property?

ESQ. is your number one choice for property management for many reasons! First, our combined experience of 30+ in the real estate market gives us an advantage when determining the market value of a home and calculating the highest appropriate rental rate. There have been hundreds of homeowners who thought there was no hope after they could not sell their home, but we are able to help them by providing them with the superior option of renting!

Second, our expertise allowing us to achieve lease rates at the ceiling of the market, we provide un-matched advertising for each client to produce the fastest turnaround time for renting their home, and for top dollar! Our professional skills and tools allow us to advertise your home for rent on over 40 top real estate websites, using high-definition videos and high-resolution pictures of your home to bring in the most income possible for your property!

How long do I have to wait before there is a paying tenant in my property?

It does depend on each individual property situation: the condition it is in, your asking rental price, and the current local market. At ESQ. we are more efficient with our time than other property management companies in the area. Our superior advertising will generally achieve the placement of a qualified tenant into your home in about 35 days on average. In optimum conditions, your home may even rent in a matter of weeks, or days! When we match our quality advertising and services with a quality, turnkey property, we can move it faster and for lower cost than our competitors.

How can I be sure that the tenant you find is qualified to rent my property?

When a prospective tenant has found your home on our website, or another site we have posted it to, and tells us they want to rent the home, we start the screening process. This process involves several outside companies that will run a credit report, conduct a background check, review employment history, rental history, and check local and national sexual offender databases. We then put this collected data into our proprietary software, and if the tenant is a good fit for your home, it will offer a recommendation. We provide you with this recommendation and you can make the final decision whether or not to place the tenant in your home.

Will you be letting just anyone look at my property?

We take great care in thoroughly screening all prospective renters before showing them your home. There will be no keys given out. Instead of giving tenants the lockbox code or keys like some management companies, we only allow our select professional leasing agents access to your home, who in turn, will only show your home to pre-qualified tenants.

What variables do you factor in when deciding a rental rate for my property?

ESQ. are experts in residential property management. With our specialization in single-family homes and condos, we pride ourselves with knowing the scoop when it comes to local market trends, rental prices, what the current market is looking for and how to attract prospective renters. We use our own in-house private data, examine the neighborhood, collect data on other properties currently or recently rented in the area, and the specific features and condition of your property to formulate a rental rate that will attract quality tenants in 30 days or less.

How will I be receiving the rental payments on my property?

Tenants are aware of rent being due on or before the 1st of the month. We will collect their payments and then post the proceeds to your account. We email a detailed summary report and send your proceeds via EFT to your bank account by the end of that month.

Are you able to keep my maintenance costs low?

With our in-house maintenance division and specialized vendors that are qualified to handle any problems, we are able to keep costs down. Tenants are encouraged to submit any maintenance requests through the resident online portal so that any issues will be scheduled and resolved within 24hrs. Typically there will be no charge from us for minor repairs.  However, we will contact you if the repairs exceed $500 and there will be a 10% charge with $100 cap if we need to bid the repair job.

How can I be sure that the tenant will be responsible when living in my property?

Not every person that lives in your home is going to treat it with the same amount of care as you do. Some may treat is with less care, while others may even treat it better than you would! However, in general, your home should not experience any damages more than the normal wear & tear that come with age.

Can I start to rent my property when I am still living in it?

Statistics confirm that a vacant, turnkey home rents faster and for a better price than a house that looks lived in. Having a home that is uncluttered and ready for a new tenant allows the tenant to imagine the home as their own, with their own belongings filling the space. It also allows for a quick turnaround if the tenant wishes to move in right away.

Am I still responsible for homeowners’ insurance on the property, or will this fall to the tenants?

Because you are still the owner the home, you are the only one legally allowed to hold a homeowners’ insurance policy. While your homeowners’ insurance policy will cover the home itself, we do require that the tenants carry $100,000 in liability insurance to cover tenant caused damage and we recommend they carry renters’ insurance for their personal belongings. Contact your insurance agent if you have any additional questions.

If you are managing my personal residence, should I cancel my utilities when I move out of the house?

Absolutely not! It is important to leave the utilities on and under your name until they have been transferred to the new tenant to safeguard against damage to plumbing, appliances and sump pumps. Besides saving you from damages, there are a lot less hassles when you transfer the utilities from one name to another than trying to get them shut off and turned back on.

My move-out date is less than 6 weeks away. How soon should I start the rental process?

Right now is the perfect time to give us a call and see how we can help you! Waiting until the last minute makes things more difficult for everyone; improve your renting experience by contacting us today!

Ok, I’m ready to start, what will it cost be to begin?

ESQ. has the competitive rates and the most comprehensive service in the area. For covering the initial evaluation, pictures, video, professional ad, distribution of that ad to over 40 top targeted websites, showings, tenant pre-screening, and document preparation, our one-time setup fee is $300. Our monthly management fee is based on the number of units managed but is typically $100 or 10% of monthly rent.

What additional costs will there be to start?

We ask our property owners to provide a $500.00 reserve account. This goes towards fixing any minor maintenance issues that occur so that we can fix them right away without bothering you.  Additionally, if there are any major repairs such as complete HVAC replacement, we will contact you to discuss replacement options.  If there are not enough funds in your account, we will ask for a contribution from you to cover the costs.  

What if I rent my property for a while, but then decide that I want to sell?

ESQ. is a full-service brokerage which allows us to simultaneously market your home for rent, rent to own, sale, or any other terms that are suitable to you, that will provide the fastest possible solution in your current real estate market.

I’m Ready… How do I get Started?

Call, text or email us your request for your no hassle, free residential property management quote.

 

PROPERTY TYPES WE MANAGE
  • Single Home or Condo (Valued up to $300K)
  • Single Home or Condo ($300 to $500K)
  • Single Home or Condo ($500K to $1 Million)
  • Single Home or Condo (Over $1 Million)
  • Multi-Family (2-4 units)
  • Multi-Family (5-19 units)
  • Multi-Family (20-99 units)
  • Multi-Family (100+ units)