Most Frequent Questions and Answers

Property Management

Total Concept is our full service approach to property management. Designed specifically with the absentee Owner in mind, Total Concept provides you with the peace of mind that your property is being looked after by someone who will look after your residential property as if it were our own. For a full list of our services click on the Services navigator.

At Total Concept, we take pride in tailoring our services to your specific needs. We will be happy to review your needs with you and see how we can best work to develop a mutually beneficial relationship.

We walk each of our properties weekly with an inspection checklist and keep that record on file.
We report to you weekly via the internet and included digital photography when useful.

Emergencies, such as a water pipe breaking, require a fast-response. Our Clients agree to allow us to react immediately to any such emergency, as their agent, and then to promptly follow up with the Client/Owner.

Any non-emergency repairs, whether suggested by us or by the property Owner, are quoted or bid-out to independent sub-contractors. Quotes and bids are then reviewed with the Owner.

All repairs, emergency or non-emergency, are billed in a cost-plus agreement with the Owner.

In addition to Total Concept’s comprehensive care for your property, you may also be eligible for a reduction in premium on your second home’s Homeowner’s Insurance policy. Increasingly, insurance companies are either requiring homeowners to retain the services of a property manager, or are assigning higher premiums to owner’s of second properties who do not retain the services of a property manager. Consult your insurance agent to
see if you are eligible for a discount.

Another advantage of our Regular Monthly service is the manner in which we routinely save our clients money on maintenance or repair items. Smaller items are scheduled during our regular visits, therby saving time, and we all know that time equals money.

Real Estate

According to realtor.com, “A REALTOR® is a licensed real estate salesperson who belongs to the National Association of REALTORS® (NAR), the largest trade group in the country.” Held to a higher ethical standard than licensed agents, REALTORS® must adhere to a code of ethics. Use of the R tradmark can only be used by members in good standing with NAR.

A REALTOR® has undergone Ethics Training and is committed to ensuring that the public’s best interests are served properly in the real estate transaction. Additionally, a REALTOR® has their finger on the pulse of the local market and can assist you with making a sound real estate decision when buying or selling a property. A REALTOR® is also backed by the National Association of Realtors and it’s local state board which provide market data, market trends, and updates on new legislation effecting the real estate industry.

While it’s fun to search for properties online and go to open houses, the first step is paperwork. Get pre-qualified for a mortgage loan. It’s important that you are shopping within your ability to purchase. There’s little sense in finding the perfect home only to find out you can’t finance it. Read more in our home buyers guide.

This is where having a real estate agent signed on as your agent comes in handy. It’s their responsibility to assist you in finding a good fit based on what you share with them. There are a number of sites where you can search the MLS starting with the real estate agent’s own web site. Be certain to check the advanced search to help in narrowing down your results to the properties that meet your needs list. You can search for regional MLS listings on our site here.

This can depend upon the services you’ve requested. There are no fixed rates for services across all agencies as this is a violation of fair trade laws. For a typical home purchase, the seller pays the commission that a real estate broker charges. Before you sign an agreement to work with a particular agent, this will be spelled out for you in the agreement.

Once you’ve found the land or home you wish to purchase, have made an offer and has been accepted, it can take four to six weeks to close. Each situation is different of course. A cash sales close faster. It does depend upon the type of loan, type of property and, type of sale. For example, a short sale can take 90 to 120 days to close. See https://www.realtor.com/advice/buy/how-long-does-it-take-to-close-on-a-house/ for more details on closing times.

The average down payment in 2014 was 14%. The amount you’ll be required to put down could depend upon a number of factors including the type of loan, your credit score, and type of property. This is yet another reason why it’s important to be pre-qualified for a loan prior to shopping for a property.

Vacation Rentals

Generally speaking, our minimum rental during the Summer season is for seven nights. During off peak periods, non-summer, we will offer shorter stays. We also offer seasonal stays.

Some of our properties are pet friendly and are so indicated. We do ask that dogs be crate trained if they are to be left unattended inside of the home. Thank you for your cooperation in adhering to this rule.