Majestic Real Estate Services

QUALIFYING CRITERIA

Rental History:

Two years of rental history will be verified on present and/or previous residences. A history of not paying rent on time, disturbances, property damage, or an eviction filing will result in denial to rent the home. History must be verifiable and from an objective source.

Employment History/Income:

Applicants must have two years of employment history. Applicants must have a combined gross income of at least three times the monthly rent. You will be asked to furnish copies of your last two employment pay stubs or if self-employed, a most recent tax return or 1099's.

Credit History:

An unsatisfactory credit report showing payment defaults may result in requiring a higher security deposit or can disqualify an applicant from renting the home.

Section 8:

Due to the paperwork and required inspections, we are not accepting applications involving the Section 8 program. We can however, refer you to a property management company who does participate in the section 8 program.

Pets:

Pets are considered on some of our rentals. Only non-aggressive pets will be considered. Certain animal species including Pit Bull, Rottweiler, German Shepherd, Husky-Alaskan Malamute, Doberman Pinscher, Chow, Great Dane, Saint Bernard, Akita, Wolf Hybrids, and any animal with a history of biting are not accepted. All service animals will be accepted. A non-refundable monthly pet fee acceptable to the owner will be charged.

Exceptions:

In the event any exceptions to the qualifying criteria are made, additional security deposit or co signers may be required.


APPLICATION PROCESS


Application Fees:

All application fees are non-refundable with no exceptions.


Length of Lease

Our standard lease term is for 12 months.


Holding Deposit:

We may require a holding or good faith deposit to be collected to hold a property off the market. In the event the application is approved and applicant fails to enter into a lease, the applicant shall forfeit this deposit. This deposit shall be applied to the required security deposit.


Security Deposits

Security Deposits are security for faithful performance of the lease agreement. Unless claimed due to a breach of lease or property damage, the security deposit is refundable within 15 days after move out of the property at the expiration of the lease term and the return of all keys to our offices.

The security deposit is usually equal to:

One full-month's rental fee for qualifying applicants. We reserve the right to require a higher security deposit for applicants with "bruised" credit, or failure to meet the standard qualifying criteria, and/or pets.

Funds to Move In

To move in we require that you place the security deposit and pay the first month's rent. These funds must be paid by certified funds (money order or cashier's check). We do not accept personal checks, credit or debit cards for the security deposit and first month's rent. 


Application Process Time

Application processing time may vary. Applications are processed as quickly as possible, however, many other parties are involved (your employer, refferences, current landlord, ect,) as well as varying seasonal increases in applicants being processed or number of vacancies being filled. 

maintenance

request
Click Here

rental

application
Click Here

​Majestic Landlords  

Majestic Real Estate Services is recognized for providing unequaled support with its unique “hands on” management style. We have management experience in a wide variety of property types to include townhomes, planned unit developments, zero lot line, single family homes, homeowner and condominium associations. The MRES team is just as dedicated as the home owners are to ensure that each individual property is maintained at the highest level resulting in enhanced property values and joy of ownership.

Below are a list of some of the services we provide our landlords:

ADMINISTRATIVE SERVICES

  • Management Reports
  • Contract Administration
  • Enforcement of Community Rules & Regulations
  • Enforce terms and conditions of the lease agreement
  • Collect and deposit rents
  • Financial Reports with Summary Review
  • Delinquency Collections


LEASING

  • Marketing and Leasing Plans to Maintain High Occupancy
  • Manage Unit Turnover Activities to Minimize Vacancy Time
  • Determine Market Rental Value
  • Make recommendations to increase marketability.
  • Market rental property for lease.
  • Show property to prospective tenants. 
  • Process deposits, screen tenants, credit checks, criminal background check, verify rental history,personal and employment references.
  • Negotiate leases. 


PROPERTY MAINTENANCE

  • Property Inspections
  • 24-hour Emergency Service
  • Manage repairs and maintenance issues
  • Supervise exit activities: painting, carpet cleaning, etc


Key Benefits

  1. Marketing - We advertise our listings in the Multiple Listing System as well as other websites that advertise rentals globally, like Zillow, Trulia, Hot Pads, and Raltor.com. We use “L Post” signs when permitted, in order to capture drive by prospects. We are also members of the Armed forces housing network and consistently implement new creative marketing techniques to stay ahead of the competition.
  2. Determine market rent - Our vast inventory of rental properties, apartment complexes, and thorough knowledge of the rental market will ensure that your property is leased quickly at current market levels.
  3. Leasing Professionals - We have a friendly team of licensed professionals that are available seven days a week, both days and evenings, to show properties to prospective tenants.
  4. Screening - We screen all tenants very thoroughly prior to accepting them as tenants. We pull credit and background checks, verify previous rental history and current employment.
  5. Negotiating the lease - We negotiate all leases’ to obtain the best lease price and terms as well as prepare and execute all paperwork associated with the property.
  6. Management - We handle all the day to day issues pertaining to the property and its tenants, file all notices, as well as collect the monthly rental payments
  7. Maintenance - Should your rental property need appliance or service repairs we have access to cost efficient contractors and service people and pass on our volume discount.
  8. Financial statement - We provide you with an accounting for the property on a monthly basis, as well as provide you with a year end report.
  9. Full service sales - If you choose at some point to sell your property, we can assist you within our full service, award winning, brokerage department.