Frequently Asked Questions
Frequently Asked Questions about MMG Luxury Property Management
Q: Where does MMG Luxury Property Management manage property?
A: MMG Luxury Property Management services the entire Phoenix Metro area.
Q: What types of properties does MMG Luxury Property Management manage?
A: MMG Luxury Property Management manages any type of residential property including single-family homes, townhomes and condos.
Q: What services does MMG Luxury Property Management provide?
A: Almost all of our competitors are traditional property management companies that have thousands of properties to manage and are difficult to get a hold of. We are a boutique management company that concentrates on our service first before acquiring another property to manage. You can take comfort in knowing that you will only speak with either Trey or Kelly when you call. We provide elaborate marketing campaigns to get your property maximum rental exposure. In addition, we run nationwide criminal and credit background checks as well as income/employment verification on every prospective tenant to make sure we are finding you a qualified renter. Beyond that, enforce the lease, collect rents, rapidly disburse rental proceeds to our owners via electronic transfer or check, and aggressively chase down rent when tenants don’t pay on time. We also inspect your property multiple times annually on an interior and exterior basis to ensure the property is being properly taken care of by the tenants.
Q: What does MMG Luxury Property Management charge for these services?
A: MMG Luxury Property Management has the most simplistic and cost-effective fee structure in the marketplace. For all other single-family homes, townhomes, and condos, we have a low, one-time setup fee, which covers all of your advertising until we find this initial tenant for you. Please see the management fee tab to discover more of our fee structure.
Q: Who determines rent for my property?
A: You, but remember that ultimately, the market determines the rental amount for your property and it is our job to provide you with good, reliable market information regarding market rent rates. As such, we will always recommend market pricing to you but we allow our clients to choose the price point.
Q: How long will it take to rent my property?
A: For all of our properties that are market-ready and priced at market rates, our average days on market is very low. For homes that are not in market-ready condition and/or or priced at above-market conditions, then it can take considerably longer to rent.
Q: If the property is vacant, do I still have to pay management fees?
A: No, if the property is vacant we don’t charge you a management fee. You have hired us to get the property leased and manage it for you. We wouldn’t feel right charging a fee for not performing on our end.
Q: Who pays for any maintenance that needs to be done on my property?
A: Unless the tenant is responsible for damage or is negligent with regards to property maintenance, then owners bear the financial responsibility of paying for repairs.
Q: Why should I choose MMG Luxury Property Management to manage my property/properties?
A: If you are looking for the best value in residential property management, you have found it! With a service offering that is as comprehensive as any in the market combined with the most cost-effective solution you will find anywhere, moving forward with MMG Luxury Property Management is a decision you, and your checkbook, will thank you for!