Property Management Services
Group One Real Estate has been well-known since 1971 as the primary independent real estate office in the Coastal Bend, offering a variety of services. One of the important services we offer is that of Property Management. We have provided management services to individual owners who have one or more properties to be managed as well as firms with multiple properties. We do not normally manage short -term rental units, i.e. less than six months. Through the years of experience we have developed procedures that enable us to provide outstanding service to our Owners. We are members of the Texas Association of REALTORS®, the National Association of REALTORS® and the Texas Apartment Association.
The first step is an initial interview with the property owner at which time we determine the owner's needs and goals and review how we can best serve those. We will
1) Discuss all phases of the management
2) Establish a management program that allows the owner to be involved to the degree desired;
3) Establish a rent range as a guideline;
4) Review maintenance instructions and if an owner has specific repair persons they want to have used,
we will utilize those people whenever possible. Otherwise, we have a list of competent,
dependable service people we use for service calls, always striving to keep the owner's
maintenancecosts at a minimum.
5) Determine whether or not the property meets basic Texas Landlord Tenant Law requirements, i.e.
locking devices, etc. and oversee work that Needs to be accomplished.
6) Advertise and show the property for lease;
7) Take applications prior to reviewing applicant with owner, utilize the service of a consumer reporting
service for credit review, verification of employment, past rental history, evictions, criminal
background, NSFs, etc.
8) Maintain a full accounting system, providing the owner with a monthly report, year end report and
1099 for tax purposes. Monthly reports and owner's proceeds checks are mailed from our office
when rent has been received and processed by the accounting office.