Property management services and fees
Full-service management for rental homes, duplexes and condos in Dallas, Collin and Tarrant counties.
Not just a mail drop for your rent check
Many owners work with small margins. Underpricing, slow leasing, vendor markups and poor maintenance can cost an owner hundreds or thousands of dollars a year. We make money when you make money, so our job is to keep your property leased, maintained and profitable.
Market analysis
We find comparable properties that are available now or have leased recently, drive by the leased ones and walk through the available ones. Companies that skip this step routinely underprice, losing you income, or overprice, leaving your property vacant until the price drops anyway.
Recommendations
With that analysis, we recommend a rental rate and point out affordable improvements that help your property lease faster and at full market value.
Marketing
Your property goes on the MLS and major rental listing sites with yard signs, and we work with any broker who brings a qualified tenant. Occupied properties go on the market as soon as the current tenant gives notice, so a new tenant can often move in the day after the old one moves out.
Showings
Licensed agents who know Texas leasing law show your property 7 days a week. We track every showing, collect feedback and report to you as often as you like.
Tenant screening
We run credit, eviction and criminal history checks, and we call current and previous landlords and employers ourselves, looking for the inconsistencies that point to problem tenants. We review the results with you before approving anyone.
Leases
Approved tenants meet with us in person to go over the Texas lease and related documents. Both the tenant and our representative sign a summary page to prevent misunderstandings later.
Inspections
We document your property's condition with a signed checklist and photos at move-in and move-out, and we walk through the property every 6 months to check smoke alarms, locks, filters and small problems like leaks before they become expensive.
Rent collection
Rent is due by the 4th. If it hasn't arrived, late fees begin and we call the tenant, call again on the 5th, and contact you on the 6th to discuss options. We handle evictions as your agent, and never without your approval. Rent is forwarded to you by ACH.
Maintenance
We arrange and supervise repairs, handling them the same day when possible, with emergency service 24 hours a day. You're notified before any non-emergency repair over $400, or at a lower amount if you prefer. We have no preferred-vendor program and make no money from our vendors: you receive the original invoice for the exact amount paid.
Lease renewals
As a lease ends, we review the current market rent and, with your approval, negotiate a renewal with your existing tenant.
Accounting
You receive an itemized monthly statement online, with invoices attached, and a year-end summary and 1099 for your taxes.
Property tax review
We review your property's market value, and if you appear to be overpaying property taxes, we'll tell you and explain how to protest.
Fees
Published here so you don't have to call and ask.
- Management fee10% of collected rent
- Share of collected late fees50%
- Management fee while vacantNone
- Leasing fee when we find the tenant75% of first month
- Leasing fee when you find the tenantNone
- Setup, inspection and administrative feesNone
- Multiple propertiesDiscounted
Two guarantees
Try our service with the least risk possible.
3-month satisfaction guarantee
If you're unhappy with our management in the first 3 months, we'll release you from the management agreement.
3-month leasing fee guarantee
If a tenant we placed moves out within the first 3 months of the lease, we refund a prorated share of the leasing fee.
Compare us
Print this chart and fill in the last column for any company you're considering.
| Service | Regent Realty | Other company |
|---|---|---|
| Pricing and leasing | ||
| Rental market analysis with walk-throughs of comparable properties | Yes | |
| Rent and property improvement recommendations | Yes | |
| Marketing on MLS and major rental listing sites | Yes | |
| Yard signs | Yes | |
| Showings 7 days a week by licensed agents | Yes | |
| Tenant screening: credit, eviction and criminal history | Yes | |
| Landlord and employer verification calls made by our staff | Yes | |
| In-person lease signing with summary page | Yes | |
| Ongoing management | ||
| Rent and late fee collection | Yes | |
| Eviction handling as your agent, with your approval | Yes | |
| Move-in and move-out inspections with photos | Yes | |
| Walk-through inspections every 6 months | Yes | |
| 24-hour emergency maintenance | Yes | |
| Vendor invoices passed through at cost, no markup | Yes | |
| Owner notified of non-emergency repairs over $400 (or your chosen amount) | Yes | |
| Monthly online statements | Yes | |
| Owner funds by ACH | Yes | |
| Property tax value review | Yes | |
| Year-end summary and 1099 | Yes | |
| Fees and guarantees | ||
| Management fee | 10% of collected rent | |
| Management fee while vacant | None | |
| Leasing fee when we find the tenant | 75% of first month's rent | |
| Leasing fee when you find the tenant | None | |
| Discount for multiple properties | Yes | |
| 3-month satisfaction guarantee | Yes | |
| 3-month leasing fee guarantee | Yes | |
Find out what your property should rent for
Free rental analysis, no obligation.