Eau Claire Realty

We'll Be There Every Step of the Way!

Eau Claire Realty strives to meet its' clients' needs in a complete manner by being on top of technological advances and information resources. Whether helping clients with their home purchase or sale, rental needs, or helping owners manage their rental properties, Eau Claire Realty's goal is to be there every step of the way! We want to be the one stop company for our clients.

Evaluate the property

• Offer recommendations on repairs and cosmetic improvements that maximize monthly rent.
• Gather data on rental rates in the area and work with owners to determine the optimal rental rate.
• Discuss with owners the pros and cons of different policies such as accepting pets, allowing smoking etc.

Market the property

• Prepare home for rent
• Clean home and optimize interior appeal
• Manicure landscaping to increase curb appeal
• Create ads tailored to the property.
• Work with other realtors and leasing agents to find a tenant
• Field calls from prospects for questions and viewings
• Meet prospective tenants for showings throughout the week and weekend.
• Provide prospective tenants with rental applications that are legally compliant with fair housing laws
• Collect applications/fees

Tenant Screening and Selection

• Perform a background check to verify identity, income, credit history, rental history, etc.
• Communicate with potential tenants on approvals and denials

Tenant Move In

• Draw up leasing agreement
• Confirm move in date with tenant
• Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance
• Ensure all agreements have been properly executed
• Perform detailed move in inspection.
• Collect first month's rent and security deposit

Rent collection

• Receive and process rent
• Collect late payments
• Enforcing late fees

Evictions

• Filing relevant paperwork
• Representing owner in court
• Coordinating with law enforcement to remove tenant and tenant's possessions from unit

Legal

• Refer owner to a qualified attorney when necessary
• Understand and abide by the latest local, state and federal legislation that apply to renting and maintaining rental properties.
• Inspections
• Perform periodic inspections (Inside and outside) on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations, etc.
• Send owner periodic reports on the condition of the property

Financial

• Provide accounting property management services
• Detailed documentation of expenses via invoices and receipts
• Provide annual reporting, structured for tax purposes as well as required tax documents including a 1099 form
• Provide monthly cash-flow statements which offer a detailed breakdown of income and itemized expenses

Maintenance, Repairs, and Remodeling

• Establish a preventative maintenance policy.
• Provide a network of licensed, bonded and fully insured contractors.
• Assign jobs to different parties based on who will do the best job for the best price.
• Maintain outdoor areas
• Leaf and snow removal
• Landscaping
• Removing trash and debris
• Maintain and monitor a 24-hour emergency repair hot-line
• Larger renovation or rehab projects
• Provide recommendations on how the project can maximize rental income.
• Prepare preliminary cost estimates
• Get multiple independent bids for the work
• Act as general contractor overseeing the work

Tenant Move Out

• Inspect unit and fill out a report on the property's condition.
• Provide tenant with a copy as well as estimated damages
• Return the balance of the security deposit to the tenant
• Forward any portion of the owner's portion of the tenant deposit to the owner or hold in owner reserves for repairs.
• Clean and perform needed repairs or upgrades
• Re-key the locks
• Put the property back on the market for rent