Arizona Property Management Division
by Glenn Sanford
1. Notes:
1.1. Only Valid AZRE Licensed can be on the Trust Accounts
1.2. Property Managers
1.2.1. Responsible for All Communication
1.2.1.1. Tenant
1.2.1.2. Property Owner
1.3. Eviction Process
1.4. Charge to the Owner
1.4.1. Less then $1000
1.4.1.1. 10%
1.4.2. More then $1000 / month
1.4.2.1. 8%
1.4.3. 5 or more properties
1.4.3.1. 7%
1.5. Forms
1.5.1. ARMLS / ADRE
1.5.1.1. Hall Holiday Holiday
1.5.1.1.1. drevictor.com
1.6. Payout to Owners
1.6.1. 15th of the month
2. Property Management Phone #
3. Property Management Website
4. Trust Account
4.1. Pay Vendors
4.2. Pay Owners
4.3. Pay Operating Account
5. Operating Account
6. Split
6.1. 70/30
6.1.1. Property Manager / eXp