About Us

Real-Time Leasing has been in business since 2001. As a licensed brokerage we specialize in the management of single family homes to small apartment buildings (24 units or less). By focusing on the needs of smaller units we are able to give more individualized attention to our clients and tenants.

We have built a strong foundation to service all aspects of property management. Our job is strictly to protect your investment and to bring you the comfort of owning rental properties in what can sometimes be a very volatile market. Our philosophy is to be open and honest with our owners in our approach to management as we are here to make your life easier.

Real-Time Leasing is proud to be associated with several organizations (MHA, NAPRM, BBB and the Southern Twin Cities Realtor Association). This enables us to better serve our owners and to meet the needs of our tenants.

Services and Fees

We offer these types of services:

• Placement and Monthly Management
• Placement Only
• Take Over Management of Existing Properties

We charge 50% of one month's rent for tenant placement and monthly management fee of the rent collected for each month thereafter after initial Placement. This fee includes tenant location, background check (criminal, credit, rental history), administrative costs, key delivery, and all move-in procedures. We guarantee tenant placement for three months or we will waive the next placement fee. This guarantees that we'll work hard for you, to fill and retain quality tenants.

Placement Only

We charge 100% for one month's rent for tenant placement only, with no monthly management.

Take Over Management of Filled Units

We charge a flat rate administrative 'set up' fee for taking over management of units with residents already living in the premises. This fee includes, first month's management fee, background check on current tenant (if applicable) and administrative costs. Please contact the office for further details. Management only option is subject to tenant and property review and approval by Real-Time Leasing.

Advertising

Yard Signs

History has shown that yard signs are the most effective form of advertising for rental properties. Real-Time Leasing provides signage for your property at no charge to you. This service also includes delivery, setup and removal of yard signs.

Online advertising

Another popular and effective form of advertising is web-based (online) advertising. We will list your property on many web sites that we have access to, in addition to our own. Online advertising has proven to bring in many leads and lets prospective tenants view pictures of the inside of your property.

Print advertising

Print advertising is another effective method to get your property noticed. We carefully determine which form of advertising will be most effective for your property and select the best. All ads are paid for by the owner. Prices will vary. Please consult your leasing agent for details and assistance with scheduling.

Frequently Asked Questions

How often will I receive statements?

You will receive your monthly statement by the 10th of the following month, along with your proceeds for that property. At the end of each January, you will also receive a yearly I/E statement (for the previous year) with each of your properties itemized.

How do you handle maintenance issues?

We have our own maintenance department to take care of small repairs such as clogged toilets, drain problems, fuses or blown breakers, and more. They are also set up to resolve major problems that may arise. However, every now and then there may arise an issue that will require a certified technician, e.g: furnace repair, A/C repair or duct repair. In such instances, Real-Time Leasing will endeavor to call or email our owners informing them of those maintenance requirements.

Do you check up on the tenants often?

We try and schedule mid year walk through with the tenant at their home. We will then send any necessary reports to the owner providing them with details of the condition of the home . Any needed preventative maintenance and /or repairs are also noted in our database for that tenant's future move out. If we discover problems that need immediate attention, we will determine who is to be billed - tenant or owner (normal wear and tear ) and schedule the necessary repairs.

How do you advertise?

We will place print ads, we post signs outside the property, we also advertise on our site and we will also post on other sites as well.

What happens if a tenant vacates within 2 months after they have been living in a unit?

Our placement fee guarantees placement for 3 months. If a tenant vacates within that 3 month period we will place another tenant and waive the placement fee.*