Fisher Properties Group

Serves Safety Harbor, FL

35244

Hired 2 times

Not yet available

21 years in business

Free on-site estimate

5.0

This pro accepts payments via Check.

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Credentials

Background Check

Robert Fisher 
Completed on 9/17/2023 

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Introduction

With my company, you deal directly with the experienced owner. I'm the one with my name on the company, who answers the phone and is on the front lines every day. What better motivation is there than that in providing a good service? We are a licensed Real Estate Brokerage and Member of the National Association of Residential Property Managers (NARPM) Letting our owners sleep well, travel, and just not worry with the peace of mind someone trustworthy and professional is taking care of their investment.

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Q&A

What should the customer know about your pricing (e.g., discounts, fees)?

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We try to make it simple for everyone. Fees basically fall into 2 categories: Monthly management fees are based on a % or rental income but the overall cost to the owner also depends on characteristics of their properties: the age, location (HOA or not), number of properties, house versus condo, military discount, services required etc. Secondly, there is a Tenant Procurement fee to do all the work necessary to market the property and secure, screen and move in a new tenant. This is a % of the first month's rent and also depends on many factors. See my website for details. It is important to note: We don't charge renewal fees OR markups on maintenance bills.

What is your typical process for working with a new customer?

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We want to understand the client's properties and needs first...the issues, timing and goals. Then we need to understand more about the property characteristics and current state. If we feel our services are a good fit, we arrange to visit the property prior to finalizing management terms and strategy. See my website for details.

What education and/or training do you have that relates to your work?

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We are a Member of NARPM - National Association of Residential Property Managers. As such, we continually educate and adhere to the best ethics, technology, and business practices in the industry. The Owner/Broker has extensive background in both residential and commercial real estate since 2004 and holds a graduate degree in Finance.

How did you get started doing this type of work?

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We were asked to by many clients as trusted real estate advisers over the years to expand from retail Brokerage into managing their homes. This became a good complimentary service for our clients over the years.

What types of customers have you worked with?

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Customers range from local single-property owners to foreign residents with several properties owned in the Tampa Bay area.

Describe a recent project you are fond of. How long did it take?

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I was hired as a project manager by an owner who had unfortunately self-managed a very nice hated home. The tenant left the house with utilities off, pool green, carpet trashed, and ceiling caving in from a roof leak the tenant ignored. After a month of rehab, I secured a properly screened new tenant that moved in and is now paying good rent!

What advice would you give a customer looking to hire a provider in your area of work?

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There is a lot that goes on behind the scenes where an owner is never aware...and that's part of what you are paying for. A competent property manager with solid processes in place is crucial to success over time, just as you would expect when evaluating a CPA or attorney. Property management done legally and professionally is complex and difficult, but very easy to do illegally and poorly. "Fees" are important but it is the last question you should ask. Why is that? Like your CPA or attorney, what you get for those fees is where the value calculation lies. It is short-sighted to make a decision about the longer term risk and health of your investment over $20 a month on a "low sticker price". Deficient management can cost you thousands of $ and exposure to a variety of risks. There are so many landmines and pitfalls as a Landlord that can severely impact your property, cash flow, and legal risks.

What questions should customers think through before talking to professionals about their project?

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Understand you will be entering the world of a professional Landlord. This totally changes the legal requirements and decision-making processes from what you are used to in living in the property yourself. This is why it is often a big mistake for owners to self-manage and requires a competent independent manager. For the same reasons, it also requires an owner who is willing to let a good manager manage. Some things to think about when we first talk: - What is the current occupancy state of the home and timing? - Have you ever rented out a home or used property managers in the past? - How long do you plan to rent? - Do you plan to move back into this home or sell it? - Will you want pets in your home? - Do you have a lawn, pool, gated community, amenities to include? - Are any utilities included at the property? - Are you in an HOA community that requires approval or separate applications for tenants? - Do you have a home warranty? Once you decide to rent, NOT recommended and I'll explain why. - Is your home in rent-ready condition? Some things are required, some recommended. I can help there.

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