Here is an unfortunate email we just wrote to one of our landlords. The property was a 2 bedroom 1 bathroom house in the Sunset which was slated to rent for $3800.00/month with a March 1, 2021 start date.
I hope you are doing well. I unfortunately would like to let you know that your tenants have decided to withdraw their applications. <Tenant > company <Amazon> just released the news that employees do not have to return to office until next year. Due to the change, they will extend their travel to different destinations.
ReLISTO has been very successful in securing tenants for our landlords clients during Covid. We conduct virtual and private tours, post videos of each property and have an amazing set of online tools allowing prospective tenants to easily view each unit. Most importantly, we pay for a lot of advertising so our landlords listing gets seen.
In the last month, tenants have been returning to the city to “get a lease secured before prices go up”. We have rented multiple properties due to this. With recent announcement from Salesforce and other tech companies, the need to return to work is again a distant requirement. Tech workers will stay away and landlords, restaurants and businesses will need to wait longingly for their return. For some , this will result in a significant economic hardship if not bankruptcy.
On behalf of our landlords, I call upon the San Francisco Govt to proactively engage/ partner with the companies in our community as well as local schools to make a plan to get things back to normal. Some cannot wait till 2022.
ReLISTO has a new car! Residential leasing and property management requires quite a lot of travel, so you may have seen us zipping around town or parked in your neighborhood! Our new electric 2019 Smart CQ allows us to greater flexibility and versatility to serve our clients quickly and efficiently as ever. In addition to keeping ReLISTO’s team members agile, our little electric vehicle furthers our efforts to reduce our carbon footprint. This means we provide premiere residential leasing and property management services you can feel good about.
For the last 10 years, ReLISTO has been an industry leader in the use of innovative tools and technologies to deliver residential leasing and property management services. From our nearly paperless operations to proprietary online rental calculators, ReLISTO is dedicated to leading the real estate leasing industry in serving not only clients, but also the community as a whole. ReLISTO is aligned with San Francisco’s commitment to lower greenhouse gas emissions by employing greener alternatives for our operational processes. The biggest contributor to the city’s greenhouse gas emission is privately owned passenger cars and trucks.
Because leasing agents and property managers are required to travel around the city constantly to show and maintain property, moving from internal combustion engine vehicles to electric is one of the best ways to cut the company’s carbon footprint. With 44% of San Francisco’s electrical grid running on renewable energy sources, ReLISTO’s use of electric vehicles reduce the amount of greenhouse gas emissions we would otherwise create by 75%! ReLISTO applauds the city’s efforts to lower transportation-related emissions and is committed to doing our part as an industry leader–providing exceptional and environmentally friendly residential leasing and property management services in order to reduce our overall environmental impact.
In San Francisco, floating staircases generate higher rents. As such, ReLISTO prices these type of rental properties higher than similar properties in the same neighborhood; We know they’re are in high demand with our tenant customers.
Due to state code requirements, owner must build floating staircases to specific standards. These standards prevent the building of a “true” floating staircase since rails must be present on each side. Rails help steady the user while ascending/descending thereby helping avoid falls. On the downside, it counters the minimalist aesthetics and most unfortunately, at a time we all want home prices to fall, dramatically increases the cost to build. In San Francisco, standard floating staircases will have glass on the open side.
ReLISTO helps San Francisco and Central Coast owners lease and manage their properties. We secure qualified tenants, effectively manage each property and take care of each resident. We as part of our capital improvement program are happy to help our owners evaluate the benefits of converting their staircase. If right for our owner, our management team will even help manage the build as part of our standard service.