DMS Properties, LLC ... Residential Real Estate Services can help you find tenants for your rental home or find buyers for your home for sale. Because we are a full-service real estate brokerage firm, there is almost nothing we can't do regarding residential properties. We are working on updating this section, so please Contact us today if you need more information.
Before we can advertise and market the property, there are documents that need to be completed so that we are in compliance with the Maryland Real Estate Commission (MREC). If we will be finding tenants for your rental property, you will need to complete our Tenant Placement Service Agreement. The commission for finding tenants varies somewhat; if the listing agent finds the qualified tenants, then the commission is 50% of the first month's rent ... if another real estate agent finds the qualified tenants, then the commission increases to 75% of the first month's rent (so that the agent can be compensated).
On the other hand, if you are selling your home, then you will need to complete the Exclusive Right to Sell Residential Brokerage Agreement. Naturally, before we complete either of these documents, we will discuss all of the terms and conditions and will have already determined the fair market value range (either for rent or for sale). The commission that we charge for selling a home is 6% of the purchase price (3% is used to compensate the co-operating agent who finds the buyer). If our listing agent is the one who finds the buyers, though, there is a reduction in the total commission. We will be happy to discuss our commission structure with you ... just Contact us today with your questions.
Both of these agreements authorize us to market the property on our web site, on various real estate-related web sites and in the local Multiple Listing Service (MRIS).
When we begin marketing your property (or managing it prior to getting tenants) we will routinely place a lock box on the home, especially if it is vacant. This is done, of course, only after the owner signs our Lock Box Authorization. This makes it easier for us to facilitate showings of the property to potential tenants and to allow easy access by our contractors if they will be doing some work on the property for you.
At DMS Properties, LLC ... Residential Real Estate Services, we have a great record of finding tenants for our rental listings, which usually saves our homeowners some money. We are working hard to achieve the same success for our home sellers ... finding the buyers, so that we can save money for our home sellers, too.