Management Services

Full Value Properties is committed to providing outstanding real estate property management services.  We have managed single-family homes, townhomes, condominiums, and apartment buildings in Southern California for nineteen years.  The following is a summary of our services.

Leasing Property

• A licensed and experienced Leasing Agent (Realtor) from our office will show your property to potential tenants.

• All sign and advertising calls go directly to the Leasing Agent's cellular telephone, not to an answering service.  All online inquiries go directly to the Leasing Agent.

• We provide you with a rental market analysis to help you determine the rental price of your property.

• Your property is listed on the Multiple Listing Service which is available to all Realtor members. There is no additional cost or commission paid by the property owner.

• We place a Supra lockbox on vacant properties to make it easier for Realtors to show your property to potential tenants seven days a week during normal business hours.

• The most up-to-date rental forms available from the California Apartment Association and the California Association of Realtors are used.

• We do both a Move-In and Move-Out Inspection with the tenant and the results are recorded on a specific form signed by the tenants.

Tenant Screening

• We carefully screen each tenant applicant by doing a thorough background check.

• For each prospective tenant, we obtain a full credit report, do an unlawful detainer (eviction) search, do employment and income verification, and criminal background check (as allowed by law).

• The tenant applicants go to our website to fill out a complete Rental Application and order and pay for their credit report.

Marketing & Advertising

• We provide a comprehensive advertising and marketing program for your property at no cost to the property owner. 

• A Full Value Properties "For Lease" sign, which includes our telephone number and website address, is placed on your property.

• We advertise properties for rent on all the major real estate websites, including, Zillow, Trulia, Postlets, Zumper, and Realtor.com.

• Your property is listed on the California Regional Multiple Listing Service (CRMLS).

• Your property is featured on the FullValue.com website.  We advertise our website on Google and Microsoft.

• All of the properties for rent are placed on our Facebook, Twitter, and Instagram websites.

Rent Collection 

• Tenants can pay their monthly rent at our office, by mail, or by Electronic Fund Transfer (EFT).  EFT payments can be made through a secure Tenant Portal at no cost to the tenant.

• If the rent is not paid by a specific date there is a late fee charged to the tenant.

• We contact the tenant by telephone and/or email if the rent is not paid on time. 

• If an eviction becomes necessary we use The Eviction Center, a company that specializes in evictions and serving legal documents.

• We also have access to a local real estate attorney, if the need arises.

Property Inspection

• There is an initial property inspection when the property is placed under our management.

• The property is inspected when there is a tenant move-in or move-out.

• There is also a quarterly exterior inspection of the property.

• An annual interior inspection of the property can be done upon request.

Accounting 

• A statement of income and expenses (Property Statement) is sent by mail or email each month by a specific date to the owner of a property.

• The owner's money after the deduction of expenses is sent each month by a specific date, either by check or Electronic Fund Transfer (EFT) to the owner.  There is no fee for EFT payments.

• An Owner's Portal is available online that allows the owner to view income and expenses.

• For tax filing purposes, owners in January are sent a Property Statement covering the previous year's income and expenses and sent an IRS Form 1099-MISC (if required).

• All property funds are maintained in a bank trust account.

Maintenance and Repairs 

• We are available twenty-four hours a day, seven days a week for emergency repairs.  We handle non-emergency repairs during normal business hours.

• We arrange for and supervise all authorized maintenance and repairs.  The owner approves all repairs over a specific dollar amount.

• We hire the most qualified vendors and contractors who are insured and licensed (as necessary).

• There are no additional fees paid to Full Value Properties for arranging and supervising routine repairs.

(Management Services subject to modification without prior notice)