LEASING AND PROPERTY MANAGEMENT
In close collaboration with our Leasing Division, we obtain an up to date market rental estimate and make a leasing proposal for your asset. Our proposal is not just the market rental level but includes suggestions for maintenance, improvements and alterations to the asset to improve its long term economic performance.
Our Management Services
Property Marketing and Leasing Assistance
Fee: 5% of rent + consumption tax
Assessing and establishing of new lease conditions, etc.
Soliciting of new tenants and introducing to other agencies (assistance with PR activities as required).
Investigating background and creditworthiness of prospective tenants.
Handling of all operations related to the conclusion of a lease agreement.
Coordinating work for Landlord and tenant requests before occupancy and negotiations for the settlement of disputes between the parties.
Move-in inspections and explanation of facilities for tenant (leased room status report and confirmation work).
Standard Management Plan for an Occupied Leasing Property
Acting on behalf of the landlord to collect the rent in the event of delay or nonpayment.
Invoicing the monthly rent, any public utility bills, and fees for repair the tenant may owe.
Safekeeping and management of a spare key.
Arranging repairs for any appliances within the unit.
Preparing the documents pertaining to the move-out.
Conducting move-out inspection and negotiating the restoration fee with the tenant.
Arranging restoration of the unit after the tenant vacates.
Negotiating settlement of security deposit.
Negotiating and executing contract renewal.
PROPERTY MANAGEMENT GUIDE
The starting point is a discussion about your property.
Partnering with a reliable and effective Property Manager is the key to successful property ownership. We are understands the importance of maximizing an owners return and protecting your interests.
Determine the appropriate rental level for your property.
We has been leasing property in central Tokyo for over 10 years. During this time we have housed literally thousands of tenants. In consultation with our leasing team, your property manager will conduct a comprehensive market appraisal and propose the optimal rental value for your property.
Additionally, your property may benefit from renovations or improvements to maximize its rental potential. Your property manager will make recommendations and organize quotations. Should you decide to proceed we will engage and supervise contractors for the improvements.
Market your property through multiple channels.
Japan-broker Marketing. We are a licensed Japanese Real-estate agency. We use all the Japanese inter-broker marketing channels including REINS, Athome, SUUMO and Homes. We ensure your property is presented in the best possible way on all the major Japanese real-estate search engines.
Show your property to potential tenants.
Your property manager will coordinate the property viewings, ensuring that your property is presented in the best possible way to prospective tenants.
Vacant properties require attention and we make sure to ventilate the property, run the taps and flush the toilets each viewing to keep the property in good condition.
Negotiation and Applicant Screening
Negotiate the best deal possible.
Your property manager works to achieve the best possible outcome for you. We know that it is important to achieve a high rental return while taking the least amount of tenant related risk as possible. To reduce owners risk we ; ensure that the tenancy agreement is structured in the owners interest perform a stringent check on potential tenants and their employers and where appropriate, make use of rental guarantee companies.
In some cases we may advise you against taking a particular tenant. Bad tenants exist and are a risk for your investment.
Prepare and execute the tenancy agreement.
We will prepare the tenancy agreement contract based on the agreed terms.
As a licensed real-estate broker we conduct the legally mandated duties including the explanation of Important Terms.
We also create invoices on behalf of the owner for the contract monies such as rental and security deposits.
Take care of the tenants.
As you property manager we;
conduct an pre-tenancy inspection of the property. We do a simple cleaning, replace broken light bulbs etc. and arrange for any repairs which may be required.
liaise with service providers to do the name change and start service for internet, cable television and other utilities.
we are present on the move in day to verify with the tenant the current condition of the property (damage check), hand over the keys and explain how to use the property and facilities.
During the tenancy the property manager will handle any claims from the tenant related to the property.
Represent the owners interest in all matters related to the property.
As your property manager we take responsibility to react to any issues which may arise related to your property.
This may include things like collection for late or unpaid rent. The invoicing of parties for repair fees and public utility fees which should be borne by the tenant. Safe keeping and management of the property’s spare keys. And the retaining and supervision of contractors to make repairs and do maintenance when required.
Provide timely financial reporting to the owner.
Handle the departure of tenants and restore the property to its original condition.When a tenant vacates a property your property manager will;
Conduct move-out inspection. At the time of move-out we accept return of the keys and confirm with the tenant the condition of the property and areas that will require restoration or repair work. Calculate Deposit Return. It is necessary to estimate the costs of repairs and restoration and negotiate with the tenant to agree on a deposit amount to be returned. Organize repairs and restoration work. Once the property is vacant we will arrange for contractors to do any repairs and restoration work required to return the property to original condition.
The property is ready for another tenant and so the property management cycle starts again.
◆ This document is not a thing guaranteeing that the present rent income is provided surely in the future. After the tenant was dismissed, you will need to assume that the rent does not enter for a certain period of time.
◆ Considerations : The information contained herein should not be used in any actual transaction without the advice and guidance of a professional ‘Tax Advisor’ who is familiar with all the relevant facts. The information contained in any potential real estate investment is general in nature and is not intended as legal, tax or investment advice.
Furthermore, said information may not be applicable to or suitable for the individuals’ specific circumstances or financial needs and may require consideration of other matters. The document originator assumes no obligation to inform any person of any changes in the tax law or other factors that could affect the information contained herein.
It is based on assumptions and has been made in view of the information available at the time of writing the problem is a specific description of unknown risks and uncertainties, risk and uncertainty, forward-looking statements, other There are likely to be affected is a assumption of the factors. Therefore, forward-looking statements such, does not guarantee future results.