We have a complete set of tools and information to guide you through your role as a landlord during your
relationship with EJF. Relax – we’ll be there along the way to provide the expert services you expect
and deserve for both you and your tenants.
Inspections - In addition to our standard lease-cycle inspections, we strongly advise that
you have your unit inspected twice a year by a third-party inspector. The cost is between $79 and
$125 for each inspection, depending on the size of your property.
Licensing - Washington DC requires every owner of a rental property to have a Basic Business
License. DC charges $198 for a single family unit and EJF charges $250 for the processing of each
license. If an owner would like to process the BBL themselves with DC government, EJF will help
them through the process, however we hope you will agree that our small fees for handling this
process are fair and a great time saver and value for you!
Do you offer a discounted rate for multiple properties?
At our first meeting, we will present a competitive market analysis. This includes market conditions
and similar units that are actively being rented and recently rented.
The time it takes for each property to rent is specific to that property and depends on many factors.
Some are:
Market conditions
Pricing
Condition
Marketing Efforts
Marketing - EJF casts the biggest net! We can market you property further and wider than most.
We cooperate with other agents, because we are a broker. Many others are not.
We list your property on over 200 websites, including MRIS, which is exclusive to brokers.
What types of properties do you manage?
We specialize in single family homes, single condominiums/cooperative units, apartment buildings, row
homes and small commercial buildings.
Please note that we do not manage homes with chronic repair issues or conditions that might adversely
affect the health and/or safety of a tenant.
What areas do you service?
EJF is headquarted in Washington DC, and we manage all areas in Washington DC including the surrounding
urban areas of Maryland and Virginia. To effectively manage your property, we need to be able to
reach it easily. Give us a call -- even if you may be out of our managing area. We have established
relationships with other management companies all over the region and would be happy to give you
a referral.
How do you market the property?
We will set up a marketing campaign specific to your property. The campaign evolves based on many factors
including market conditions, competition, occupancy/vacancy, time of year and other considerations.
We update you weekly on our marketing efforts and make suggestions to improve your property’s attractiveness.
Our weekly updates include:
The number of showings completed and scheduled
Feedback from the showings
Market conditions/competition update
Make-ready update
Included in our leasing fee are:
Professional photographs of the property
Video walkthrough of the property
3-D floor plans
Our advertising includes:
Signage (if allowed)
Advertising at the property/neighbors with flyers, mailers or email (if we have them)
We will list your property for rent on over 200 of the most popular rental sites. A sampling of those
sites includes:
EJF website
Craigslist
MRIS (Realtor Agent only access)
Facebook
Zillow Rental Network
Zumper
Realtor.com
Abodo
Homes.com
FRBO
KeyLasso
EveryRent
Uloop
Walk Score
RentLingo
Hunt
RadPad
CampusCribz
RentHop
Condo.com
USA Today College
PadMapper
Apartable
Houses321.com
Lovely
Apartments.com
Apartment List
Listanza
ClassifiedAds
Trovit
ApartmentLove
RentFocus
uCribs
RealRentals
UniversityParent
CallitHome
Rent MLS
Nestigator
Trulia
HotPads
And many, many more!
Do you have in-house maintenance?
We have a team of maintenance technicians in-house, and we also have a deep-bench of third-party
vendor and contractor relationships. Our vendors and contractors are able to charge us less for
the same work due to the volume of business that we do with them, and we always pass along those
savings to you!
Our in-house technicians are approximately $65 per hour (with some minor variation) --which is much
less expensive than single-trade contractors, like plumbers and electricians, charge for their
work. We save our owners money by using EJF technicians for most of the multi-trade and make-ready
tasks.
Another benefit of using EJF technicians is the opportunity for us to observe the general condition
of the property at every visit.
Can we use our own vendors instead?
Yes! We are happy to add your contractor to our list of vendors if they meet our criteria. The criteria
are as follows:
They must be licensed and bonded.
They must respond timely.
Their workmanship must meet our standards.
We will make the contractor you choose your ‘preferred vendor’ for your property. We will assign
the work to your contractor as long as they respond promptly and are able to attend to the issues
in the timeframe we provide.
Tenants and Owners judge us by how well we handle maintenance, so we expect our vendors to perform.
We have policies in place to achieve the best possible resolution to any problems that may arise.
How do you pay for repairs for the property?
Repairs estimated to be less than $500 are paid out of the collected rent. If the estimated price exceeds
that amount, we will reach out to you for approval of the expense first.
However, we do act promptly and on your behalf without first notifying you, for all emergency issues
that may exceed the maintenance limit during certain types of issues. Examples of these types of
issues include:
Emergencies affecting the health and safety of the tenant
Anticipated damage to the property without action
Violations of DC housing laws
If the amount of repair exceeds what is in the owner’s escrow account, we will contact the owner to contribute.
This can be done electronically through the owner portal.
Reccurring expenses and known future expenses will be held in reserve in the owner’s account.
How will I receive funds and statements?
Rent proceeds are sent directly to the owner’s bank account electronically. The owner will be notified
by email when the transfer has been made.
Statements are posted in your portal on or before the 1st day of every month. The statement reflects
activity in your account for the preceding month.
Statements include copies of bills, work orders and inspections.
You will be notified by email when your statement is posted in the portal.
You may login to our online portal to view your current and historic monthly statements.
Why should I hire you as my property management company?
Our interests are aligned with the interests of the property owner. We offer a large leasing commission
to licensed agents as well. Our goal is to get the property rented as quickly as possible at the
highest rent possible while securing the best tenant.
We don't charge a management fee to our landlords unless we collect rent.
As a full-service management company, we handle every aspect of managing your property.
Are you licensed?
Yes, EJF Real Estate Services is a licensed Real Estate Broker in Washington, Maryland and Virginia.
We are fully insured and bonded.
All of our property managers are licensed real estate agents.
Our clients are entrusting us to safeguard one of their most valuable investments. Holding the highest-level
real estate licensing builds trust and reassures our clients that we hold ourselves to the highest
industry standards.
There is a major difference between a firm operating as a licensed broker versus one operating as
only a licensed property manager. Protect your investment and only do business with a company holding
a Broker’s license.
Fun fact - the District of Columbia does not require a broker's license in order to manage property!
Broker’s and Sales Licenses are inclusive of the property managers license requirements.
Companies only holding Property Manager’s Licenses have the following:
No experience requirement
No education requirement
No insurance requirement
No oversite other than DCRA
No ethics oversite
There is a very low bar required to obtain a property manager’s license. To see what you are getting
with companies holding only a DC Property Manager’s License or if you are interested in obtaining
a license yourself, do the following:
Step 1. Go to the DC Real Estate Commission’s website (DCREC) to obtain a copy of the
DC Property Manager Study Guide. It is only 46 pages long!
Step 2. Complete the DC Property Manager exam to obtain licensure!