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NEW LANDLORD | NEW PROPERTY

This procedure should be used when our sales team signs up a new property. As a customer, this is often the first point of contact, lets be sure to make it memorable.

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Responsible Parties:

1. Support

2. Leasing

3. Accounting

4. Compliance

SUPPORT

1. Welcoming the Landlord
Send an e-mail to the landlord and welcome them to Thompson Asset Management. Attach the standard welcome letter.

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View the Standard Welcome Letter here

View the Standard Welcome Letter Email Template here

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2. Follow up Until We Receive the Data

a. If the landlord hasn't replied, please follow up 2 business days later and send the follow up e-mail. 

b. If the landlord hasn't replied to the email, please send them a follow up text message.

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View the Standard Follow Up E-Mail here

View the Standard Follow Up Text here

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3. Communicate the results with the team members.

The follow up data hasn't been determined yet, but we need to know:

# of units

# of vacant units

# of occupied units

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For all the occupied units, please ask the landlord for a copy of all the leases.

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View the Lease Request E-Mail Template here

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LEASING

1. Determine the rental objectives

# of Vacant Units

- Capture media

- Determine rental price

- Communicate the maintenance requirements with the landlord and with the maintenance manager.

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# of Occupied Units:

- Drop a notice of direction

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2. Capture media and upload to the drive
Send an e-mail to the landlord and welcome them to Thompson Asset Management. Attach the standard welcome letter.

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View the Standard Welcome Letter here

View the Standard Welcome Letter Email Template here

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Start the advertising process to get the unit rented.

ACCOUNTING

1. Create the folders in the Drive

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2. Add the property to YRQ & Invite the owner to the Owner Portal

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3. Add the tenants to YRQ & Rent Cafe

COMPLIANCE

1. Save the Direct Deposit for in the [zZzZ]

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2. Verify that all the contracts have been saved.

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3. Verify the systems info

- Are the vacant units advertised and in the pipeline?

- Are they vacant / occupied on Rental Collection & Yardi?

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4. Reach out to the landlord and send the Survey: Landloard Onboarding

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