About Us
We are a property management company located in Redford, MI.
At CMP Realty Property Management, we treat every property like it is our own and use every resource available to protect your investment for you. We take great pride in protecting our client’s investments and love to go the extra mile to make our clients raving fans. Some of these extra mile services include: tenant move in and move out, automatic e-deposits for owners, and 24/7 online access to view every detail about your rentals.
Property Management involves a whole lot more than just finding a renter including: marketing, tenant screening, leasing, maintenance, and accounting just to name a few. CMP Realty knows that failure to execute every one of these steps at the highest level could result in lost profit. That is why we are committed to performing each one of these tasks as if our own home was on the line.
Marketing
Marketing is the initial step when trying to rent a home. We at CMP Realty recognize the power of technology and employ a vast array of strategies both online and off to get your home rented as quickly as possible. If we are able to rent your home out just 30 – 60 days faster than either doing it yourself or someone with less marketing, you will have already paid for all your property management fees for the year! Here is how we do it:
In depth analysis of comparable rents –We run an in depth analysis to make sure your home is not priced too low or too high.
Suggest any improvements to achieve maximum rent – Sometimes a few small improvements can add to the bottom line. We know the market and make suggestions for you to achieve maximum profit.
Internet Campaign – We utilize our own vast network of websites along with sharing our listings with hundreds of other local and national websites to get your property the most exposure possible.
Print ads – A waning technology, but we still use print ads on a limited basis.
MLS – MLS – Homes listed in the MLS will have the added exposure of 1,000’s of other Realtors and their clients have access to them. (Additional fee applies for MLS advertising)
Signs – Of course we have signs in the ground and we actually answer our phones and return messages!
Tenant Screening
Perhaps one of the most overlooked aspects of property management is tenant screening. Simply finding a renter is only half the battle. If you end up with someone who doesn’t pay or someone who is going to destroy your property, you would have better off having no one in there at all! This is why tenant screening is so important and why we spend so much effort making sure the tenant will respect and maintain the property.
Some of the measures we use to screen potential tenants are:
Rigorous, in-depth application
Credit check
Criminal background check
Record check to ensure no prior evictions
Verification of income and job history
Interview previous landlords to determine rental history
One on one interviews