Page 12 - NestPM_ThePlaybookWeb

it’s the guide by which our engagement is established and what is officially expected
from both of us is outlined in its pages. Please make sure you understand the
management agreement and if you have any questions – don’t hesitate to ask!

The PROPERTY MANAGEMENT DATA FORM (the “PMDF”) is crucial for us to
understand your property & expectations. We need this form before we can start to
market your property, so its important you return it as soon as possible – preferably
along with your management agreement. This form contains information we’ll need
related to leasing your property – like available date, preparing the property for your
new tenants, and helping us understand the physical attributes of your property,
utilities, etc…

Establishing reasonable LEASING EXPECTATIONS is the next step in the process. We
need to know when we can market your property as available – which means we need
to know when you plan to move out. We need a minimum of seven days to make the
property ready for the incoming tenants – so preparation and planning is important.
Once we sign a lease with a new tenant, there are expectations for cleaning, painting,
and maintenance that we need to meet.

The process by which we prepare your property for the new tenant is called
“TURNOVER” – this is an important term to remember for the future. Our Property
Manager will set up a time for a PRE-TURNOVER INSPECTION to establish a base-line
of expectations for work that must be completed before the new tenant moves in. If
you want to complete this work on your own – that’s fine, but you’ll be expected to
meet the standards we’ve established. Frankly speaking – the guidelines are rigorous
and it is in your best interest to hire one of our preferred vendors to complete this
work.

Once the management agreement is signed, the PMDF is returned and the Pre-
turnover Inspection is completed and the turnover expectations are established –
then, we start the LEASING PROCESS. There is a whole section dedicated to Leasing
that will follow, just remember that this point we’ll follow that process from the “go to
market” point forward until a new tenant is found and a move-in date is established.
So, we’ve found that tenant and it’s time for TURNOVER & MOVE-IN. We’ll execute
the pre-turnover plan to prepare the home for the new tenant to move in. You’ll be
expected to vacate the property at least seven days prior to the move-in to allow for
sufficient time to prepare and complete the turnover plan. We’ll paint, clean, fix what
needs to be fixed (inside & out) and prepare the home for your new tenants to live.

Management Agreement --- PMDF --- Pre-turn
Inspection --- Leasing Process --- Turnover & Move-in

12 NEST PROPERTY MANAGEMENT | THE PLAYBOOK