
Earnest Homes
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Frequently Asked Questions
Is your property management licensed and insured?
Earnest Homes is insured and licensed with California Bureau of Real Estate DRE# 02008003. We have a general liability policy, errors and omissions, worker’s compensation, and all state requirements.
I am renting out my property for the first time, how does property management work?
The law is changing rapidly in California and it has never been a better time to hire a professional management company. Our firm can handle everything from preparing the property to rent-ready condition, marketing, leasing, screening prospects, rent collection, maintenance, eviction, and etc. Our managers will hold your hand and walk you through the process.
Can you cancel the management agreement?
This is a relationship based business and we believe in respect and trust in one another. If you are not happy with our service for any reason, you can give us a 30 day notice at any time. There’s no early termination fee.
What happens if my tenant doesn’t pay rent and how do you handle eviction?
Although we screen carefully to be sure we are only placing qualified tenants in your property, there is always the possibility that a tenant may fail to pay rent. Earnest Homes enforces a very strict rent collection policy to protect our owners’ interests and our current eviction rate is below 1%. All rent payments are due on the 1st of every month, and late fee is charged by the 4th day. If unpaid after the 6th day of the month, a 3 day notice to pay will be served. We will contact the owner to make them aware of the situation and explain available options. It has been our experience that most tenants will pay before the expiration of the notice or make contact with our office to explain the delay. If the tenant does not pay or vacate within the five days prescribed, the next step is filing an eviction. The property owner does not have to appear in court, this is a process we handle for you with our eviction attorney (court, attorney, and representation fee will apply). Earnest Homes also offers an Eviction Guarantee Protection with Platinum or Diamond Service Plan to cover this expense.
Can you help sell my property?
Yes! Earnest Homes is a licensed brokerage firm. Most of our clients choose to list their homes with us because we are already familiar with your home and tenant. We will post a proper notice and help coordinate with the tenants. We are a member of California Association of Realtors and MLS. Earnest Homes will refund the management fees up to one year if you choose to list your home with us.
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Company Details
15303 Ventura Blvd #900, Sherman Oaks, CA 91403
Property Types
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Company Size
Years in Business
10 years
Founded Year
2016
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