CENTURY 21 Mike Bowman, Inc. handles all your property management needs from full-service leasing and management to one-time leases. Since 1971, our professional staff has been providing excellent service to thousands of owners through the management and leasing of their properties.

As a rental property owner you may experience many of the problems which can occur when dealing with tenants; DELINQUENT RENT, EXCESSIVE REPAIR COST, and TENANT COMPLAINTS, are most common.

With my history as a Broker and Property Manager in Northeast Tarrant County, I can help eliminate these common problems. Our Management Department's top priority is to serve you by saving TIME and MONEY. Century 21 Mike Bowman, Inc. Property Management offers you many unique services. Our professional staff and over 175 licensed agents provide:

• Full-time leasing agent to maintain occupancy
• Competitive management fees
• Property evaluations
• Property inspections
• Marketing program for occupancy
• Website that averages more than 1 million hits per month
• Multiple Listing Service (MLS) for maximum exposure
• Professional accounting systems
• Collections and evictions services
• Cutting-edge internet marketing

We have a Professional Property Management Team to handle all of you accounting, maintenance, and leasing needs. By placing your properties care in our hands, we can deal with the multitude of problems that can arise in managing rental properties.

You can certainly benefit from joining our Team of satisfied rental property owners. Like many of our clients, you will save Time and Money with our customized services. This keeps your management fee at a minimum.

We look forward to working for you and demonstrating how you too can benefit from being a part of our team. Please take advantage of our FREE MARKET ANALYSIS, which indicates the dollar amount your property should lease for and  the average number of days until a lease is secured.

Mike Bowman

Owner/Broker

Charges for One Time Leases

1. A non-refundable deposit of $250.00 is to be paid prior to signing the Residential Real Estate Listing Agreement Exclusive Right to Lease

2. If the $250.00 non-refundable deposit is depleted for the expenses related to the leasing of the property, the owner must deposit an additional $250.00 or Century 21 Mike Bowman, Inc. has the right to immediately cancel the one-time lease agreement. Any monies owed to Century 21 Mike Bowman, Inc. will be immediately due and payable by the owner.

3. Leasing commission paid to Century 21 Mike Bowman, Inc. will be paid on the basis of 50% of the first month's rental amount as stated in the Lease Agreement.

4. Security Deposits must be Certified Check or Money Order and are collected form the tenants and deposited in the Century 21 Mike Bowman, Inc. Escrow account. They are sent to the owner by certified mail after the Lease Agreement and The Lease Addendum Deposit  Agreement are signed by both tenant and landlord.

5. Owner must pay deposits for utilities and utility bills until such time as the property is leased. Tenants will be responsible for utilities after signing the lease agreement.

6. Inspection Fees and other fees are as listed below:

              $45.00

              $130.00 per Month

               $30.00 plus mileage at .33 cents / mile

                $45.00

7. Century 21 Mike Bowman, Inc. may terminate the Residential Real Estate Listing Agreement and Exclusive Right to Lease at any time within 48 hours notice in writing to owner.

Changes in Management Fees and "Vacancy" Charges

Each month Owner will pay Broker the greater of the minimum management fee or percent of the gross monthly rents collected that month. Reference Item 15A of the TAR 2201 form dated 10-5-05 Lease Management Agreements)

Deposits for utility bills must be paid by owner on vacant properties, or $250.00 utility reserve to be deposited in a trust account. The reserve must be maintained at that level until such time as the property is leased and the utilities are transferred to the tenant. The balance of the reserve account is to be refunded at the end of the Management Agreement Term.

Inspection fees are as listed:   New  Management Agreement Property Inspection $45.00, Bi-annual inspection - preventative $45.00, Move out Inspection $45.00, Spot Check Inspection $30.00

       Changes to Billing of Maintenance Time and Travel Billing

"After Hours" jobs are defined as before eight a.m. or after five p.m. on a weekday evening, all day Saturday and / or Sunday.

Mileage charge at .33 cents per mile based on travel distance from office to property.

Mileage will be charged for obtaining parts or services at actual round trip distance from property to store or vendor.