Blog Post

New Tenant Move In

We will choose the first approved applicant, based upon our tenant screening policies. The unit is taken off the market when the approved applicant has signed the pre-lease holding agreement and the lease agreement, as well as paid the holding deposit.

If the applicant decides not to rent the unit, they waive the holding deposit which is then paid out to the owner as income. If the applicant moves in as agreed upon, the holding deposit is transferred and becomes part of the applicant's refundable security deposit.

WPM will assure completion of a signed move in condition form, documenting the condition of the home at time of move in. This form is required in the State of Washington if you deduct any repairs, yardwork or cleaning from the tenant's refundable security deposit upon move out. WPM retains a copy of the signed move in condition form.

HOLDING DEPOSIT

Washington State law limits the amount of the holding deposit charged to the incoming tenant to 25% of first month's rent. For this reason, we charge a full month's rent for the first month so that the holding deposit is as high as the law will allow and the holding deposit is based upon a full month's rent, rather than a pro-rated portion.

If the tenant did not have occupancy for the full first month, they will receive a rent credit in the second month prorated to the amount of non occupied days. If this occurs the owner will see on their statements the tenant placement fee charged in the first month, and the tenants rent credit in the second month, and may not see a normal owner payout until the third month.

REFUNDABLE DEPOSIT

We retain the tenant’s refundable security deposit and pet deposit (if applicable) in a non-interest bank account pending move out of the tenant.

CARPET CLEANING FEE

If there is carpet in the property, we collect a non-refundable carpet cleaning fee from the incoming tenant. This fee is paid out to the owner as income. When the tenant moves out, we have the carpets professionally cleaned and that fee is charged to the owner.

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Full Service Management

May 26, 2023

Established in 2005 Windermere Property Management exclusively manages properties with the focus of preserving and enhancing the value of investment properties. We provide professional management for single family, multi-family and commercial units. Our full service management allows owners to focus on other aspects of their investment portfolio, while ensuring that their properties are well-managed and profitable. EXPERIENCED TEAM Our staff includes four licensed real estate brokers with 30 years combined experience. You also have access to our in-house maintenance company that employs a handyman, landscaper, residential and commercial cleaners as well as on-call staff for after-hours emergencies. SERVICES FOR OWNERS ❱ Marketing: WPM markets your rental online and distributes to our pool of pre-qualified applicants. Each property receives a “for rent” sign in the yard and a 3D virtual tour. ❱ Tenant screening: We professionally screen applicants, negotiate lease terms, collect deposit/rent/fees, sign lease/addenda and complete move-in walkthrough with tenant. ❱ Rent collection: We collect rent and any applicable fees from tenants on behalf of the property owner and ensures that rent is paid on time. ❱ Maintenance and repairs: We have an in-house maintenance team to handle service and repairs for rental properties or we coordinate with contractors to ensure that the property is well-maintained. ❱ Property inspections: We complete the move out walkthrough, coordinate any work such as cleaning and repairs. Additionally, we conduct annual interior inspections on each property. ❱ Lease management: Throughout the lease of your property, we handle lease agreements, including renewals and terminations as well as handle tenant inquiries/concerns on your behalf. ❱ Financial reporting: Owners have 24/7 online access to copies of monthly cash flow statements, paid invoices, copies of leases, and other important documents. Owners also have the ability to make an owner contribution via their portals.

Preparing and Maintaining Yardcare

May 26, 2023

PRIOR TO RENTAL YARD SHOULD

Payment and Management of Utilities

May 26, 2023

CITY OF WALLA WALLA & COLLEGE PLACE

Steps To Renting Your Home

May 26, 2023

GETTING READY TO RENT

Screening Policy

May 26, 2023

By Applicant submitting a signed Application they acknowledge and agree to the following:

Preparing Your Property For Lease

May 26, 2023

It’s important that your property be well maintained not only to increase the value and maintain your investment but to set the bar for care by future tenants.

Recommended Pet Policy

May 26, 2023

Pet ownership statistics show ownership levels have reached new highs during the past couple of years. The American Pet Products Association found that 70% of households own a pet, a significant increase from 1988 when 56% of households owned a pet. Additionally, there are approximately 500,000 service animals in the us and nearly 200,000 emotional support animals, up from merely 2,400 in 2014. Pet ownership and the use of service and support animals continues to rise through the US. A trend we see here in our local community as well.

Marketing Your Property

May 26, 2023

Windermere Property Management has a comprehensive approach to marketing your property, to provide the best exposure to the most qualified potential tenants. This process starts by helping you prepare your property so it makes a good first impression, attracting good tenants, reducing time on the market, and obtaining the best rental price.

Property Repairs and Maintenance

May 26, 2023

You have access to our in-house maintenance company that employs handymen, landscapers, residential cleaners as well as on-call staff for after-hours emergencies or we can coordinating with outside vendors to ensure that the property is well-maintained.