Legal Alternative To Airbnb and VRBO

Posted April 7th, 2014 by ReLISTO and filed in Uncategorized

“S.F. cracks down on Airbnb rentals” is the title of today’s April 7, 2014 article in the San Francisco Chronicle. Authored by Carolyn Said, it appears that the Planning Department has started enforcing the laws which have been on the books for quite a long time. The law with only a few exceptions makes it illegal to rent a property for less than thirty (30) days.

If you are a home owner searching for an alternative means to legally earn an attractive premium on your furnished property, give ReLISTO a call. We can help. ReLISTO is seeking furnished properties for short term stays. Tenancies are more than 30 days, but less than a year, keeping  the landlord away from the legal issues discussed in today’s article, not to mention the very pricy San Francisco Hotel Tax.

To explore this opportunity or to list your property, give ReLISTO a call at 415-236-6116 x 1 or email us at service@relisto.com

ReLISTO Accepting Bitcoin Rent Payments

Posted November 13th, 2013 by ReLISTO and filed in Uncategorized

Bitcoin Accepted Here   ReLISTO, San Francisco’s leading provider of rental housing is proud to accept, on a trial basis, bitcoin rent payments for a select few of our temporary stay apartments in the Cow Hollow and Haight Ashbury Districts of San Francisco. These short term rentals are available for a minimum of 30 days, are fully furnished and include all utilities.

For more information, contact ReLISTO at 415-236-6116 or at service@relisto.com. To see our full line of rentals, including our executive / corporate housing visit us at http://relisto.com/rentals/

 

Results: SF Landlords and America’s Cup

Posted November 3rd, 2013 by ReLISTO and filed in Uncategorized

A Post-America’s Cup Rental Review    by Eric Baird

The final America’s Cup guests have departed their San Francisco furnished short stay rentals. In reflection of the event, it was a remarkable success for ReLISTO’s landlord clients.

ReLISTO statistics:

  • Highest  Monthly Rent: $22,500/Month (>3 Months) – 4 bedroom home in Pacific Heights.
  • Highest Rent Per sqft: $10.83/sqft   (>2 Months) – 2 bedroom, 1200 sq. ft. condo in SOMA.
  • Highest Budget: $30,000/Month  (>3 Month) – Offered on a 6 Bed home in the Marina.
  • Most Coveted Locations:  Russian Hill, Marina,  Pacific Heights, Cow Hollow, North Beach, Telegraph Hill,  Marina and SOMA.
  • How Many Properties Rented?  Every market rate property in our inventory was rented.

Although the America’s Cup Event was not as successful as everyone had wished for; ReLISTO’s clients were big winners.   We view this race as the first of many, with each new challenge bringing in more boats,  people and as such more opportunities for our SF landlords.

Congratulations to Oracle Team USA on their triumphant comeback, and protecting the “Auld Mug” for another four years.

ReLISTO specializes in renting long term unfurnished  as well as  furnished temporary, short stay housing to corporations, business entities and individuals for periods of 30 days or more.

Are you seeking short term, temporary, furnished, short stay housing?

Posted November 3rd, 2013 by ReLISTO and filed in Uncategorized
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Does one of the following describe your housing needs?

• A company seeking housing for an employee, contractor or executive.
• A business traveler in San Francisco on a short term job assignment.
• In San Francisco working on a development project.
• In San Francisco to produce a movie.
• In the Bay Area associated with a professional sporting franchise.
• Having your San Francisco home is being remodeled or painted.
• In San Francisco for medical reasons or supporting a loved one in one of San Francisco’s many hospitals and medical facilities.
The above list represents a few of the many reasons people come from around the world to stay in the City by the Bay. If you are in San Francisco for a minimum of 30 days, and require a furnished apartment, flat, cottage, condo, single family home, view penthouse or stately residence; we have options for you. Contact one of our knowledgeable agents for a personal evaluation of your housing needs and desires during your San Francisco experience.
We look forward to hearing from you!

How to reach us: service@relisto.com | 415-266-6116 ext. 2

ReLISTO specializes in renting unfurnished, and furnished temporary, short stay housing to corporations, business entities and individuals for periods of 30 days or more.

Flashing For Rent Sign- One Rincon- Penthouse Unit – ReLISTO

Posted January 26th, 2013 by ReLISTO and filed in Uncategorized

At 60 stories and 641 feet, The One Rincon it is the tallest all-residential building in San Francisco. For a limited time, two of the top floor penthouses are available to rent. This is a rare opportunity to live on the top floor of this exclusive building. Enjoy commanding views of the city, bay and Pacific Ocean. Owner may consider combining both units into one master suite.

Curious- See the property by looking for the flashing white strobe light from multiple locations in SF, highlighting the commanding nature of this property and the view a resident will have from this top floor property.

Key Features:
-Top Floor Penthouse
-2 Bedroom | 1 Den | 2 Bathroom
-Dark hardwood floors
-Top of the line appliances including Sub-Zero and Bosch
-Private Balcony
-Valet Parking Available
-Storage

2 Bedroom 1 Den 2 Bathroom One Rincon

Contact ReLISTO to schedule a private tour. 415-236-6116 x 2

ReLISTO Properties Featured In the Huffington Post

Posted November 28th, 2012 by ReLISTO and filed in Uncategorized

ReLISTO specializes in representing  San Francisco  properties which are modern, prestigious, or luxurious.   As such we were very pleased to see five of our properties featured in today’s Huffington Post.

http://www.huffingtonpost.com/2012/11/27/san-franciscos-most-expensive-rentals_n_2199736.html?utm_hp_ref=san-francisco-real-estate#slide=1810466

New Company Phone Number

Posted August 27th, 2012 by ReLISTO and filed in Uncategorized

At ReLISTO we are committed to making the rental experience as easy as possible for individuals seeking bay area rental housing. As such, ReLISTO recently acquired a new rental housing toll free number.. 855-688-RENT (7368)..

With this new number, individuals seeking San Francisco Bay Area rental housing can call using a toll free easy to recall telephone number. ReLISTO’s nationally advertises every one of our rental properties, and we frequently receive out of state calls from individuals relocating to the Bay Area for work. This provides this a free way to do so.

As a local company, ReLISTO telephone number is 415-236-6116

ReLISTO In the San Francisco Chronicle

Posted May 31st, 2012 by ReLISTO and filed in Uncategorized

As a premier provider of rental property for the San Francisco Bay Area, ReLISTO is proud to have been featured in the San Francisco Chronicle for our work in generating opportunity for local SF Bay Area Landlords. With the coming of the  America’s Cup, we have positioned our  rental agency to help local landlords take advantage of this event  while providing much needed short term rental space for event spectators.

Interested In Listing Your Property? We make it easy complete  the LIST YOUR PROPERTY form  to make your property available for the event

Once submitted we will post your property onto our website to take advantage of the anticipated interest  (no charge and no obligations)..  As prospective tenants express an interest in your property, we will contact you to check on its continued availability. If still available, then we will go to the next step to help showcase it, complete an extensive background check and execute a jurisdiction specific lease.

We are seeking homes, lofts, condominiums and apartments. If you are a broker representing a client visiting during the Cup. Give us a call.. We are taking reservations now

ReLISTO – Real Estate Leasing, Innovations, Services, and Tools Online is a San Francisco based full-service real estate leasing / rental brokerage specializing in: Furnished and unfurnished residential housing, long and short term, including lofts, condominiums, apartments, townhouses and single family homes,  commercial properties, landlord and resident support services including relocation and rental tours, property verification, management solutions and online tools such as the SF Rental Calculator. ReLISTO utilizes the most current web, social and mobile technologies to find qualified tenants, maximize return on investment and minimize vacancy. In 2012 and 2013, ReLISTO is proud to be extending its premier services to support the housing needs of the America’s Cup

 

 

Enjoyable Article About San Francisco Neighborhoods

Posted May 31st, 2012 by ReLISTO and filed in Uncategorized

Moving to San Francisco?  Click on the picture below to read a humorist view of  the cities various districts..

 

ReLISTO Featured In Wall Street Journal

Posted April 25th, 2012 by ReLISTO and filed in Uncategorized

As a premier provider of  rental property  for the  San Francisco Bay Area, ReLISTO is proud to have been  featured in today’s Wall Street Journal.       We appreciate the great opportunity America’s Cup represents to local landlords and we have   positioned our rental agency to help our landlord clients take advantage of it.

To List Your Property:  We recommend landlords to either give us a call or  complete the form as the first step to make your property available for the event..   http://relisto.com/landlords/list-your-property/ .

  • We take the information you submit and post your property onto our website  to take advantage of the anticipated interest..  Once its listed, we will come by to meet, confirm data and take additional pictures
  • As prospective tenants express an interest in your property, we will contact you,  to check on its availability.  If still available, then we will go to the next step to help showcase it, complete an extensive background check and execute a  jurisdiction specific lease (For San Francisco Landlords-This is key)
  • We are seeking homes, lofts, condominiums and apartments

 

If you are a broker representing a client visiting during the Cup. Give us a call.. We are taking reservations now

 

 

Will San Francisco City Crack Down On Short Term Rentals?

Posted April 2nd, 2012 by ReLISTO and filed in Uncategorized
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Will Airbnb, VRBO (Vacation Rentals By Owner and Roomarama be a thing of the past?  In SF it just might be.. A Hearing will be held  this afternoon to consider more stringent short term rental  requirements and  penalties, including possible criminal convictions again agents and landlords!!

“Any person convicted of a misdemeanor hereunder shall be punishable by a fine of not more than $1,000 or by imprisonment in the County Jail for a period of not more than six months, or by both”

Regardless of the outcome, ReLISTO,  by employing  legal counsel, has positioned its America’s Cup  rental properties  to appropriately fit within  San Francisco rental laws. ReLISTO prides itself on creating opportunities for our landlord clients, not messes..

See Article At: http://www.socketsite.com/archives/2012/04/airbnb_a_civil_and_criminal_penalty_hit_list.htm

Link to revised language: http://www.sfbos.org/ftp/uploadedfiles/bdsupvrs/committees/materials/lu120299tdr.pdf

 

Cheers Go Out To the SF Planning Commission

Posted April 2nd, 2012 by ReLISTO and filed in Uncategorized

8 Washington project a 165-unit luxury and affordable housing proposal clears Planning Commission.

A wonderful step helping San Francisco grow like a city should grow.. This development will help beautify the Embarcadero waterfront, add much needed housing inventory, and due to its unique living walls and roof create an additional tourist attraction thus providing revenue to our city and citizens…

From: http://8washington.com/resources/RFP_Submittal_web.pdf

From: http://8washington.com/resources/RFP_Submittal_web.pdf

 

Here is the article in the Chronicle… http://www.sfexaminer.com/local/development/2012/03/8-washington-project-clears-planning-commission#disqus_thread

New America’s Cup Race Course Map

Posted March 9th, 2012 by ReLISTO and filed in Uncategorized
Comments Off

 

 

San Francisco Landlords.. Newest Race Course Map Out..  A good percentage of the race will be concentrated near the Presidio,  Marina, Pacific Heights, North Beach, Fisherman’s Wharf, and Russian Hill neighborhoods of San Francisco..  Very similar to the prime area’s of Fleet Week.

 

America’s Cup Authority is also planning on mulitple JumboTrons being located at various  inland areas of the city

 

 

If you’re a landlord with rental property that  you would like to make available for the America’s Cup, give us a call or email us at service@relisto.com.

 

If you’re a broker or travel agent or organizer and have clients seeking San Francisco property, check our current Americas Cup Rental Housing Listings. Don’t see what you like, we have more listings whose owners prefer to remain anonymous.  Give us a call or email us at service@relisto.com.  We are happy to help.

 

ReLISTO - Real Estate Leasing, Innovations, Services, and Tools Online is a San Francisco based full-service real estate leasing brokerage specializing in furnished and unfurnished residential housing, including lofts, condominiums, apartments, homes and commercial properties. ReLISTO provides Landlords and Residents leasing support services including relocation and rental tours, property verification, management solutions and online tools such as the SF Rental Calculator. ReLISTO utilizes the most current web, social and mobile technologies to find qualified tenants, maximize return on investment and minimize vacancy. In 2012 and 2013, ReLISTO is proud to be extending its premier services to support the housing needs of the America’s Cup

 

 

 

 

SF Landlords- America’s Cup 2012 Schedule / Update

Posted March 9th, 2012 by ReLISTO and filed in Uncategorized

 

 

Race Venue and Dates:

Above is the most recent schedule for San Francisco America’s Cup Races in 2012.. The August 18th race represents the opening of the 2012- 2012 AC World Series. The exact venue of this first race is still up in the air as race organizers try to build momentum and excitement for this type of sporting event .

 

The October race date is still uncertain, but will be held in San Francisco and what organizers are calling the “Bay Arena” . Race   course will be  positioned between Alcatraz and the San Francisco Cityfront.  Shoreside viewers will have a front row seat for what will be akin to a Daytona 500 race.    This race will be televised live on NBC.

 

Scale of Race:

The San Francisco Business Times reported today that expectations for the scale of the race may be less than originally anticipated…  http://www.bizjournals.com/sanfrancisco/morning_call/2012/03/americas-cup-downshifts-to-smaller.html

 

Meaning For SF Landlords:

The key question is what does this all mean for San Francisco, Sausalito and Tiburon property owners planning on renting their homes for the races?   The opportunity is still there.  Regardless of the changing schedule and venues, spectators  will still come to an event in which the sponsors are spending millions of dollars to market. When they come, they will need a place to stay..  To that end, landlords still have a wonderful opportunity to earn a premium on their property during the races..  Premier homes,  homes near the waterfront , or homes with a  docking slips will  command a premium in the market..

 

If you’re a broker or travel agent or organizer and have clients seeking San Francisco property, check our current Americas Cup Rental Housing Listings. Don’t see what you like, we have more listings whose owners prefer to remain anonymous.  Give us a call or email us at service@relisto.com.  We are happy to help.

 

If you’re a broker or travel agent or organizer and have clients seeking San Francisco property, give us a call or email us at service@relisto.com.  We are happy to help.

 

 

ReLISTO - Real Estate Leasing, Innovations, Services, and Tools Online is a San Francisco based full-service real estate leasing brokerage specializing in furnished and unfurnished residential housing, including lofts, condominiums, apartments, homes and commercial properties. ReLISTO provides Landlords and Residents leasing support services including relocation and rental tours, property verification, management solutions and online tools such as the SF Rental Calculator. ReLISTO utilizes the most current web, social and mobile technologies to find qualified tenants, maximize return on investment and minimize vacancy. In 2012 and 2013, ReLISTO is proud to be extending its premier services to support the housing needs of the America’s Cup

 

 

 

 

Premier Open House Reception- SOMA LOFT

Posted March 9th, 2012 by ReLISTO and filed in Uncategorized

ReLISTO is proud to have hosted a Premier Open House Reception at one of our newest SOMA San Francisco Loft listings.    Almost 20 prospective tenants, relocation agents, business partners  and neighbors enjoyed complementary wine, beer,  and hors d’oeuvre while receiving  personal tours or appreciating  the  many modern amenities.

 

Located at 601 Fourth St,   this is a newly renovated conversion loft in a historic  wine warehouse.  High end fixtures and finishes make for wonderfully comfortable living and a sleek Manhattan style look. Refinished maple hardwood floors and new lighting make the space even more inviting. The new tenant will enjoy using a ceramic cooktop, caesarstone counters and top of the line appliances. A glass enclosed tub and double sinks in the bathroom are nice touches. The Elfa storage system maximizes the benefit of an enormous walk in closet.

If you would like to see more pictures or view our video walk-through presentation click “HERE” If you would like to learn more about this loft or about our ReLISTO services, contact Tracy Ballard , Leasing Consultant at 415-236-6116 x 112  or at Tracy@ReLISTO.com

ReLISTO Open House Receptions are one of the many services we provide to maximize the exposure of our Clients Property.. If you’re a landlord and interested in learning more about our leasing services, or if you’re a relocation agent interested in being invited to our next event, contact us at 415-235-6116 or  email us at Service@ReLISTO.com   

 

ReLISTO Rental Listing Now On Facebook

Posted February 29th, 2012 by ReLISTO and filed in Uncategorized

ReLISTO understands the importance of social media for the Tech Savvy San Francisco tenants seeking rental housing. Each of our property listings can now be seen and shared on Facebook, thus making them more available for prospective tenants to find..  Call or email ReLISTO today if you’re a SF Bay Area property owner interested in understanding how social media influences rentability of your property.

SF Rental Calculator On Facebook and In the News

Posted February 23rd, 2012 by ReLISTO and filed in Uncategorized

The SF Rental Calculator is now on Facebook. Use and share and if you find it useful please “Like” us!

 

SF Rental Calculator in the news: See full article written by Dave Crow, Attorney and business owner of Crow & Rose Attorneys at Law on the usefulness of the calculator. Before publishing the article, Dave ran the calculator through numerous scenarios and tests.. He found our methodology sound and true to his understanding of the policies outlined by the rent board. We appreciate the time Dave took to write this article and are pleased  with the bilateral support from both Landlord and Resident advocates on the calculators  utility..   Read full article.
 
 
 

SF Rental Calculator Update: 2012/2013 Interest Rate

Posted February 23rd, 2012 by ReLISTO and filed in Uncategorized

ReLISTOs SF Security Deposit Interest & Rent Board Fee Calculator was updated this morning to reflect the new security deposit interest rate of 0.4%, effective March 1, 2012 – February 28, 2013. Next update will be summer of 2012 to enter the November 2012 Rent Board Fee.

 

With the SF Security Deposit Interest & Rent Board Fee Calculator Landlords and Residents can easily determine the amount of interest on security deposits (See Chapter 49 of the San Francisco Administrative Code) and annual Residential Rent Stabilization and Arbitration Board Fee, commonly know as the “Rent Board Fee” (See Chapter 37A of the San Francisco Administrative Code) owed to the other . These two different and quite complex computations can be a cause of significant deliberations and disputes between Residents and Landlords. The SF Interest and Rent Board Fee Calculator allows each party to easily run the complex calculus for free, in only moments, online, thereby helping foster better relations between Residents and Landlords . All that is required is for the user to enter a start and end date along with the initial principle. The ReLISTO SF Rental Calculator will then provide an amount due to either or both the Landlord and Resident by factoring in multiple variables such as the changing interest rates and various rent board fees over the entire term or tenancy. By generating a precise figure with minimal effort, Landlords can now easily manage this required step for each of their rental properties.

San Francisco Takes Multifamily Top Spot

Posted February 2nd, 2012 by ReLISTO and filed in Uncategorized

Through 2011 and now 2012 ReLISTO has seen a large number of newly hired workers coming to San Francisco seeking apartments, condo’s, lofts or single family homes. The vast majority are entering technology positions or engage in the financing of technology companies.. Just over the last few days, we had multiple inquirers from individuals being hired by salesforce.com as well as a host of smaller “app” companies. These individuals are earning over 100K and are in a position to pay a premium to live on a great street next to their favorite coffee shop, have private parking or live in a high rise loft with a bay view.

This surge in interest was confirmed by the 2012 National Apartment Report, which was released on January 19th 2012 by Marcus & Millichap. The report list San Francisco taking the #2 spot this year, displacing New York! For the full report go to Marcus & Millicap Link.

ReLISTO, a real estate leasing brokerage specializes exclusively in the leasing / renting of real estate, including furnished and unfurnished residential housing, commercial properties as well as relocation services. ReLISTO Agents utilizes the most up to date web, social and mobile technologies to find qualified tenant, maximize return on investment and minimize vacancy. For 2012 and 2013 ReLISTO will be extending its premier services to support the housing needs of the America’s Cup and to support local Bay Area Landlords, by providing listing, relocation and placement services for the event.

Rentals Needed in Alameda California For Amercia’s Cup

Posted January 28th, 2012 by ReLISTO and filed in Uncategorized

We received a housing request today for executive type quarters, with a five month contract in Alameda California.  Property must be in very good to excellent condition, well maintained and nicely furnished. If you are the owner of such a property  in Alameda or elsewhere in the Bay Area, including Oakland, Emeryville, Treasure Island, Marin, Sausalito San Francisco and Tiburon,   contact  ReLISTO.com to make it available for the Cup.

ReLISTO, a real estate leasing brokerage  specializes exclusively in the leasing / renting of  real estate, including   furnished and  unfurnished   residential  housing, commercial properties as well as relocation services. For 2012 and 2013  ReLISTO will  be extending its premier  services to support the housing needs of the  America’s Cup  and to support local  Bay Area Landlords,  by providing   listing, relocation and placement services for the event.

 

For More Information Contact:

ReLISTO

Service@ReLISTO.com

510-735-8894 x 101

415-236-6116 x 101

San Francisco approves America’s Cup environmental plan | Joshua Sabatini | Local | San Francisco Examiner

Posted January 25th, 2012 by ReLISTO and filed in Uncategorized

Reprinted From: San Francisco approves America’s Cup environmental plan | Joshua Sabatini | Local | San Francisco Examiner.

The hope for a 140-foot JumboTron-carrying barge in Aquatic Park for the America’s Cup was sunk Tuesday after members of swimming clubs blasted the plan. 

The elimination of that proposal helped secure the Board of Supervisors’ unanimous rejection of two appeals of the environmental impact report completed for the upcoming 34th America’s Cup regatta.

The decision means The City remains on track to host the much-hyped event.

The America’s Cup Event Authority had planned to broadcast the yacht racing action on a 40-by-22-foot screen on top of the barge. But it was one of the most criticized elements of the authority’s plan during Tuesday’s hearing.

Dolphin Club and South End Rowing Club members who swim in Aquatic Park said it would pose a safety hazard and stir up toxic sediment.

Mary Murphy, an attorney for the authority, agreed to eliminate that proposal and said the organization will instead locate the screen on land.

A coalition of groups, including the Sierra Club and Golden Gate Audubon Society, had filed the environmental impact report appeals, arguing the document failed to adequately address water and air pollution and noise and impacts on birds.

The next challenge facing the America’s Cup is the board’s vote on the development agreement between The City and the event authority. Supervisors on Tuesday indicated that they plan to improve the initial agreement to ensure The City will receive more money out of the deal.

The board’s budget committee is expected to hold a Feb. 8 hearing on the agreement.

jsabatini@sfexaminer.com

The 34th America’s Cup

$1.4B Regional economic activity expected to be generated by event

8,000 Jobs event is expected to create

500,000 Maximum number of spectators estimated for peak days of event

Source: America’s Cup
Event Authority

 

Read more at the San Francisco Examiner: http://www.sfexaminer.com/local/2012/01/san-francisco-approves-americas-cup-environmental-plan#ixzz1kUhMczRt

Increase Commercial Demand Along Ocean Avenue

Posted January 24th, 2012 by ReLISTO and filed in Uncategorized

Good news for the Oceanview Merced Ingleside neighborhood. Vacancy rate dropped from 9.5 percent  in January 2011 to 6.8 percent today.   New commercial leases for grocery store, new banks and restaurants along Ocean Ave  announced by Mayor Edwin M. Lee.  See Full Announcement at SFMayor.org

Ocean Avenue is one of 11 corridors included in the City’s Neighborhood Marketplace Initiative neighborhood economic development program. Targeted neighborhoods for this program  include Visitacion Valley Portola, Ocean Avenue, Polk Street, Excelsior, Tenderloin, Bayview, Divisadero, and Chinatown.

The Neighborhood Marketplace Initiative (NMI) Map January 2012

The Neighborhood Marketplace Initiative (NMI) Map January 2012

 

America’s Cup EIR Hearing

Posted January 24th, 2012 by ReLISTO and filed in Uncategorized

The Board of Supervisors will hold a public hearing on Tuesday, January 24, 2012 at 4 p.m. in City Hall Room 250 to consider a pair of appeals against the Environmental Impact Report (EIR) unanimously approved by the Planning Commission for the 34th America’s Cup in San Francisco. 

The Board needs to hear from residents and small business owners who want to see the America’s Cup – and the many economic benefits associated with it – move forward. Time is of the essence. The first sailing regattas are scheduled to start this fall, and the EIR must be certified before construction can begin.

Please join ReLISTO  in attending the hearing or submitting a letter of support urging the Board of Supervisors commission to deny the appeal of the America’s Cup Environmental Impact Report.

Personalize and use the language below and e-mail your supervisor today!

 

Eric Mar, District 1, eric.l.mar@sfgov.org
Mark Farrell, District 2, Mark.Farrell@sfgov.org
David Chiu, District 3, david.chiu@sfgov.org
Carmen Chu, District 4, carmen.chu@sfgov.org
Christina Olague, District 5, christina.olague@sfgov.org
Jane Kim, District 6, jane.kim@sfgov.org
Sean Elsbernd, District 7, sean.elsbernd@sfgov.org
Scott Wiener, District 8, scott.weiner@sfgov.org
David Campos, District 9, david.campos@sfgov.org
Malia Cohen, District 10, malia.cohen@sfgov.org
John Avalos, District 11, john.avalos@sfgov.org

 

January 23, 2012

Dear Supervisor,

I am writing to express my strong support for the 34th America’s Cup in San Francisco and urge you to reject the appeal of the event’s Environmental Impact Report (EIR), which was unanimously approved by the Planning Commission.

Critics of the America’s Cup EIR are primarily concerned with water-pollution and transportation impacts resulting from the series of sailing regattas and the spectator activities planned at Aquatic Park. However, a complete analysis of potential environmental impacts was conducted and impacts related to air quality, water quality, and recreation all have feasible mitigation measures to reduce the severity of identified impacts. In addition, a thorough analysis on proposed dredging activities was conducted and the analysis found that any environmental impacts because of dredging would be less than significant. The claims made by the NIMBY (Not In My Backyard) and environmental groups against the America’s Cup are simply unfounded and attempt to derail plans for this world-class sporting event to come to San Francisco.

The America’s Cup is the third largest sporting competition in the world – behind only the Olympics and the World Cup. In total, the series of sailing races is expected to generate over $1 billion in economic activity – three times the estimated impact of the Super Bowl.  The series of world-class sailing regattas will create nearly 9,000 jobs and make important investments in our city’s waterfront infrastructure.

I urge you to deny the appeal of the America’s Cup Environmental Impact Report (EIR) and keep this important event to our city and economy.

Thank you.

 

ReLISTO received this communique today from the San Francisco Chamber of Commerce of which ReLISTO is a member. ReLISTO will be attending this meeting.

Just Released: Crime Maps Real Estate Property Rentals

Oakland Crime spotting and San Francisco Crime spotting maps are now available on ReLISTO.com. Prospective tenants can not objectively evaluate historical crime incidents near their rental property interests. Information is invaluable to individuals who may be moving here from other areas of the country or world.


See San Francisco Crime Map

 

See Oakland Crime Map

 

Crimespotting was chosen because of the objective manner in which they present the crime  information.  Residents are able to select a geographical area of interest,  the date,  time range as well as the type of crimes they are most interested in.

 

With this launch, ReLISTO becomes one of the first real estate brokerage in the United States to link objective crime information directly into its website .  Other third party websites have built crime maps, but not a brokerage .  We wish to extend a warm appreciation to Crimespotting for allowing us to iframe their content .  See http://oakland.crimespotting.org  and http://sanfrancisco.crimespotting.org for their full websites.

 

ReLISTO is  committed to delivering the latest property rental  technology and information to both landlords and residents.  ReLISTO specializes in leasing commercial  real estate  and residential furnished and unfurnished rentals, including residential lofts, condominiums, apartments, homes and flats in throughout the San Francisco Bay Area.  In addition, ReLISTO provides residential relocation services and tours for companies and individuals interested in moving to San Francisco.

 

 

EV Chargers for Multifamily Buildings Extended Application Deadline

Posted January 18th, 2012 by ReLISTO and filed in Uncategorized

San Francisco Multifamily buildings have an additional 30 days to apply for free electric vehicles through this demonstration project funded by the California Energy Commission. The application deadline has been extended to March 1, 2012, but interested buildings should apply as soon as possible because funding is limited. Please be aware that all applications must include a bid from an approved contractor.

FREE EV Charging Stations For SF Multi-Units

Posted December 19th, 2011 by ReLISTO and filed in Uncategorized

Hard to believe, but true.. If you own a multifamily building in San Francisco with at least three (3) residential units, you may be eligible for  a free EV (Electric Vehicle) charger and  installation.

Why is getting a free EV charger make good business sense? Because Electric Vehicles are coming and  in large numbers. Its projected that by 2030, over 60% of new cars sold will be electric!   This will be a dramatic increase from the current 2000+ electric vehicles   being driven around the SF Bay Area.   This percentage should be higher in San Francisco as the city is  on track to be the  electric vehicle capital of the nation.

This increase in the number of electric vehicles is  important for owners of San Francisco and California rental housing because a majority of charging will occur at home.. It currently it takes about  4 – 6 hours to fully charge an electric car. In addition, public charging stations will only supply about 5% of the anticipated need  and workplace charging stations around 25-35%.  The remaining 60% of charging will occur during the night , while a car is idle and parked at home.

The need for home charging units  presents rental property owners  a unique opportunity to increase the marketability and value of  their rental property.  Property will rent more quickly ,or at premium rate compared to  to similar listings.  For owners who don’t wish to increase their rental rates, or have multiple tenants using the electric “pump”, a utilization fee can be charged directly from the pump therefore only charging the people using the electricity..

If you own or co-own a multi-family building in San Francisco and are interested in preparing for the  anticipated wave of electric cars this is your opportunity..   The California Energy Commission is funding a demonstration project  but time is short .. Applications must be submitted by February 1, 2012..
ReLISTO is able to help. If you are a multi-family building owner give us a call and we can provide additional information or assist with submitting your application.  For an application to be considered, it must be submitted with a bid from an approved contractor.. Their is no charge for the contractor to bid the project.   Grant money  may pay for the full cost of charger and installation, but cannot be guaranteed until project and application is reviewed.
This blog article was written after ReLISTO attended a Multi Charge meeting at the Koret Auditorium in the San Francisco Main Library. ReLISTO is committed to brining value and innovation to San Francisco Landlords.
Useful Links 
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Video Interview With America’s Cup Project Director

Posted December 2nd, 2011 by ReLISTO and filed in Uncategorized

Michael Martin Project Director of the San Francisco Office of Economic & Workforce Development speaks with Jack Hanson of Comcast “Newsmakers.” (interview date: May 9, 2011). This is a short discussion about spectators on the waterfront, the Americas Cup Village and the EIR Report.

 

More Rental Units Coming to Mid-Market

Posted December 2nd, 2011 by ReLISTO and filed in Uncategorized

 

Beautiful rendition of what will be coming to the Mid Market area of San Francisco, specifically 1401 Market Street.  Project will bring over 700 rental units to San Francisco when completed.  Mid-Market area has seen a recent surge of interest due to the  San Francisco Board of Supervisors approving earlier this year  a plan that gives Twitter and other companies moving into the Mid Market and Tenderloin areas a six-year break on payroll taxes on new employees.

Go to Handel Architects Website: for  additional pictures and   information about the project

Other Articles About Project:

  1. San Francisco Business Times: 
  2. Curbed

 

Van Ness Ave Bus Rapid Transit (BRT)

Posted December 1st, 2011 by ReLISTO and filed in Uncategorized

About 25 individuals attended  November 30th 2011 Van Ness Avenue Bus Rapid Transit  public hearing appropriately held on Van Ness Ave at the Holiday Inn.  Numerous posters were displayed, highlighting some of the projects  key features, with a staff member attending each to answer  questions.  In addition a presentation was given along with a slide show

Depending on the version adopted, individuals traveling along the Van Ness Ave corridor will see travel times change.  The most aggressive design, Alternative 3 Variation B would result in more parking, and a quicker commute for cars and buses.  Figure 3.2.8 from the San Francisco Transportation Authority EIS/EIR report shows in detail what  projected efficiencies would be achieved  with each alternative compared to 2007 baseline measures.

 

ReLISTO as a leader in San Francisco real estate leasing and rental market for commercial properties, apartments, lofts and homes, appreciates the benefits BRT will bring to San Francisco Landlords and Tenant with regards to both value and  affordability.  We frequently encounter situations that a prospective tenant will avoid certain areas of the city due to a long commute time over a mere one or two miles.  Traffic improvements will increase ones ability to zip across the city and make hard  to reach districts  of the city   such as the Richmond , Sea Cliff, Presideo and the Marina much more accessible.

Public comments are now being accepted for the proposed Bus Rapid Transit project on Van Ness Avenue.  Below you can find the links to key reports on the project and the address to contact via email the Transit Authority to leave your public comment..

  1. Van Ness Bus Rapid Transit Home: http://www.sfcta.org/content/view/306/152
  2. To leave your official public comment with the Transit Authority:  http://www.sfcta.org/mos/Contact_Us/task,view/contact_id,22      If you would like to comment on the Draft Environmental Impact Statement/Environmental Impact Report, please put “Draft EIS/EIR Comment” in the message subject box, then enter your comments in the space provided
  3. The complete EIS/EIR report for Van Ness BRT  http://www.sfcta.org/images/stories/Planning/VanNess_BRT_EIR/Van%20Ness%20BRT%20Public%20Draft%20EIS-EIRBOOKMARKED.pdf
  4. Link to EIS/EIR report segmented into smaller sections:  See Download the EIS/EIR   http://www.sfcta.org/content/view/808/409/#PRE

 

 

 

 

 

 

 

 

 

Report From America’s Cup Business Forum

America's Cup (AC) Presentation

San Francisco, California. An America’s Cup Business Forum was hosted by the San Francisco Chamber of Commerce October 13th to a packed audience- standing room only. Most everyone was interested in understanding how they could help support the over 5 million anticipated visitors coming to San Francisco to enjoy the event, its host city as well as the surrounding bay area. Tom Huston, COO of America’s Cup Event Authority and Mike Martin America’s Cup project director were two of the primary speakers.
The event covered the unique characteristics of the race and the many benefits to both the city of San Francisco and the Bay Area. Detail discussions were also held on how service / product providers can participate in supporting the cup and the multitude of people it will bring into the city.

Some key points discussed today.

1) This is the third largest sporting event in the world
2) The first “Close to Shore” Cup Race
3) A Cup race is like Formula 1 on water
4) Event will be TV and big screen TV friendly
5) If the Golden Gate Yacht Club (GGYC) wins, the Cup stays!
6) Rhode Island kept the cup for over 50 Years!

Tom and Mike had a wonderful collection of slides and videos that they presented to the audience.. Most all were short and sweet, but conveyed a good deal of information. ReLISTO took pictures of many of these and we are pleased to share these below with our clients, customers and visitors.

  • Estimated Number of Spectators- Peak Weekend Over 300K and 5M for 2013!

 

San Francisco America's Cup Spectator Estimates

 

  • What Things Will Look Like At the Marina Green and San Francisco Piers (click picture for larger image)

 

 

 

  • Local Transit and Bike Maps For the SF America’s Cup

 


ReLISTO is committed to providing our landlord clients and seekers of rental housing the most current and accurate information regarding America’s cup and how it relates to the real estate rental / leasing market. In addition we have available housing for the races..Link to us on twitter @ReLISTO for the most current updates, check our website or just give us a call.

Spare the Air Winter Alerts

Posted September 23rd, 2011 by ReLISTO and filed in Uncategorized

Are you a San Francisco Area landlord or tenant with a fireplace in your rental? If so, you are most likely subject to Spare the Air Quality Regulations making it illegal to burn wood, firelogs, pellets, or other solid fuels in your fireplace, woodstove, outdoor fire pit, or other wood-burning device on days for which the Air District issues a Winter Spare the Air Alert.

Winter Spare the Air Alerts for 2011/12 are between November 1 and February 29.

Landlords: Make your residents aware of the regulations. The best time to do so is at lease signing with an addendum.

Residents: The BAAQMD http://www.baaqmd.gov announces through multiple media channels when Spare the Air Days are in effect. It has also produced phone applications and widgets (see below) that can be downloaded for free.. Fines for non compliance range from a mailed warning up to $2,000.00

Beta Version Online Calculator from ReLISTO Gives SF Landlords Easy, Accurate Refund Amounts @ReLISTO

San Francisco Interest and Rent Board Fee Calculator

                                                                         PRESS RELEASE

For Release:      Immediate                                      
Contact:    Eric Baird, ReLISTO                                 
(415) 236-6116 x101
 

Beta Version Online Calculator from ReLISTO Gives SF Landlords

Easy, Accurate Refund Amounts

 

San Francisco Bay Area residential leasing brokerage ReLISTO has launched a free online calculator for the local real estate rental industry. Now San Francisco  landlords and tenants can easily determine the interest on security deposits owed tenants and the reimbursement for annual Residential Rent Stabilization and Arbitration Board  fees owed landlords. The calculator, currently in its beta version, is the first of several technological solutions coming in the year ahead from ReLISTO. The launch was announced to coincide with Real Estate Connect® 2011 San Francisco, held July 27-29, 2011.

To make some very complicated math easy, provide an accurate number almost instantly, and reduce disputes with vacating tenants, the San Francisco Bay Area residential leasing brokerage ReLISTO has launched a beta version calculator on its website for area landlords. The SF Interest and Rent Board Fee Calculator is the first of several pioneering technological services for the rental housing industry that ReLISTO will be releasing this year to complement their professional leasing services while providing landlords a variety of management solutions and operational efficiencies.

San Francisco landlords are required to pay interest on security deposits as well as seek reimbursement for annual rent board fees.  These two different and quite complex computations can be a cause of significant deliberations and disputes between tenants and landlords. The beta version SF Interest and Rent Board Fee Calculator allows each party to easily run the complex calculus for free, in only moments, online, thereby helping foster better relations between landlords and tenants.  All that is required is for the user to enter a start and end date along with the initial principle. The ReLISTO calculator will then provide an amount due to either the landlord or tenant by factoring in multiple variables such as the changing interest rates and various rent board fees over the entire term or tenancy. By generating a precise figure with minimal effort, landlords can now easily manage this required step for each of their rental properties.

“Our free calculator is only the first example of ongoing releases by ReLISTO of several technological solutions in leasing and management that will help the entire real estate leasing industry, especially landlords,” said Jackie Tom, Managing Broker of ReLISTO.  ”We are excited that the first of our new tools has gone live in time for Real Estate Connect, since the focus of the conference mirrors our drive to give landlords management tools built on advanced technology.”

“The idea began after many of our clients sought assistance with calculating rent board reimbursement and interest. It’s a very complex process involving amounts, rates, and the exact periods of the lease, and must be completed within a very short time to meet legal requirements. We also found that many landlords did not realize the city’s rent board fee is something that can go on their side of the ledger which could reduce the amount they need to pay. Our free online calculator provides a comprehensive solution.”

 

The free online calculator to help San Francisco landlords determine security deposit interest refunds and the rental board fee reimbursement is now operational at http://relisto.com.

The debut of the beta version online SF interest and Rent Board Fee Calculator for landlords was announced to coincide with Real Estate Connect® 2011 San Francisco, a conference “Where real estate and technology connect,” produced by Inman News. It is an appropriate occasion for the announcement, as the name ReLISTO is an acronym for “Real Estate Leasing Innovations, Services and Tools Online” which reflects the firm’s commitment to utilizing advanced technology to improve clients’ ROI.

ReLISTO is a professional residential leasing agency providing leasing and management solutions to the San Francisco Bay Area including property tours and relocation, property management tools, as well as services for landlords and properties ranging from single apartments and single-family homes to large multi-unit buildings. As a software provider, ReLISTO is committed to create or utilize the most advanced technology assisting  clients to  efficiently manage their property while providing the services to manage the most critical and time-consuming phase of the tenancy cycle and  find and sign qualified tenants in the shortest possible time using highly trained leasing agents utilizing the most advanced marketing, productivity and communication tools available.

ReLISTO Managing Broker Jackie Tom has been recognized by the San Francisco Apartment Association as its 2009 Leasing Agent of The Year and 2010 Independent Owner of The Year. Founded on a core of individuals with considerable personal experience as rental owners and managers themselves, and with strong community and industry affiliations, it is also uniquely qualified to serve as a consultant on a wide range of compliance issues throughout the San Francisco, Peninsula and East Bay areas.

ReLISTO is located at 1318 Hayes Street, San Francisco, California, 94117. For more information call (415) 236-6116, email service@relisto.com or visit http://relisto.com.

 

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ReLISTO – Imfuna Case Study

Challenge..ReLISTO wanted to increase business efficiencies, increase revenue and find a way to create binding property reports for building managers in the rental market.

Solution..Imfuna Rent, a free property inspection and reporting system, and Imfuna Let, property inspection and reporting system for the U.K. Imfuna empowers the commercial real estate industry with an easy-to-use mobile platform to capture, store and share critical inspection and audit data.

Results..Imfuna Let enabled ReLISTO to reduce the time spent producing a report drastically to just 30 minutes onsite, reducing the need for extensive office administration and hard drive storage needs. The mobile application expanded ReLISTO’s business and revenue stream by generating condition reports for building management, a task typically done by outside vendors.

Background..ReLISTO is a hugely successful team of leasing consultants in San Francisco, one of the most dynamic rental markets in the U.S., according to CNNMoney.com. The company works in a city where there are many more renters than owners due to high homeownership costs – only about a third of the population own their homes.

Managing Director Eric Baird’s personal vision for the company is to expand capabilities utilizing everything new technology has to offer. As a leasing agency, ReLISTO is in an industry that historically shies away from direct involvement in property service and management. However, with Imfuna’s products, the Company has increased business offerings and therefore business revenues. With protection from legal disputes due to Imfuna’s binding property reports, agents are able to create condition reports for building management during the move-in and move-out process, protecting all parties involved.

Imfuna also enables ReLISTO agents – such as one of the country’s top listing agents, Jackie Tom – to complete inspections upon first acquiring a listing via mobile devices. Once in the office, the agent will use the Web to add pictures, make edits and send request feedback from the landlord. After subsequent adjustments, the report is sent to the landlord who then provides a copy for renter upon lease signing. The renter can do a walk through and make comments, which are then implemented into the report.

Imfuna has enabled ReLISTO agents to offer protection on a renter’s deposit, and protection on a landlord’s property – all while protecting agents from legal dispute.

 

Imfuna Rent Pro Press Release

Posted July 27th, 2011 by ReLISTO and filed in Uncategorized

ReLISTO works with many technology partners enabling us to provide a superior services to the leasing industry. Here is a press release from one of our partners Imfuna..

_____________________________________________________

IMFUNA RENT PRO PROPERTY MANAGEMENT APP RELEASED
Agents, Property Managers and Landlords can now better Protect, Manage and Value Rentals

SAN FRANCISCO – June 21, 2011

Imfuna today announced the first release of its Imfuna Rent Pro application, a mobile-to-web solution that enables agents, property managers and landlords to better protect, manage and value their rental property without specialized hardware or training. Imfuna Rent Pro will debut and demo at the 2011 Pacific Coast Builders Conference in San Francisco from June 22 – 24. The application is the first of its kind to offer professionals full transcription in the digital reporting process. The application is available for download in the Apple Store (http://itunes.apple.com/app/rentpro/id439751609?mt=8) and Android Market (https://market.android.com/details?id=com.imfuna.rentpro.app).

Imfuna Rent Pro expedites and improves the process of capturing and managing a property’s condition giving property professionals worry free documentation to protect property and deposits. The application quickly and easily allows users to:

  • Capture detailed “snapshots” of a property’s condition over time, with a mobile device;
  • Take photos, notes and dictation on site to create cohesive, intuitive property reports quickly & easily without new devices;
  • Achieve fast agreement between building owners and tenants reducing condition disputes to almost zero;
  • Improve maintenance processes through documentation;
  • Create professional, time-stamped reports of a property’s condition over time with side-by-side comparison reports allowing for long-term protection;
  • Instantly share and edit condition reporting between landlords, agents, property managers, maintenance and tenants.

“Landlords today are requesting online tools and services that will make their job easier and increase their return on investment,” said Eric Baird, managing director, Real Estate Leasing Innovations Services & Tools Online (ReLISTO). “My leasing agents understand the importance of embracing new technology to improve service and develop new revenue streams. Our ability to achieve success has been greatly enhanced with Imfuna Rent Pro. It’s a powerful tool that’s quick and easy to use.”

Imfuna Rent Pro enabled ReLISTO to provide additional services to clients with detailed move-in and move-out inspection reports. The new product resulted in improved customer service and increased revenue opportunities. The mobile application expanded ReLISTO’s business and revenue stream by generating condition reports for building management over time, not only reducing deposit disputes, but also giving the owner a record of the property over-time stored in the cloud for access anytime and anywhere.

Jax Kneppers, co-founder of Imfuna adds, “With Imfuna Rent Pro, companies like ReLISTO are able to increase business offerings and therefore revenue. With protection from legal disputes due to Imfuna’s binding property reports, agents can create condition reports for building management during the move-in and move-out process, protecting all parties involved. While the leasing industry has historically shied away from direct involvement in property service and management, Imfuna Rent Pro will break from tradition and give any agent the ability to perform complete inspections upon first acquiring a listing via a mobile device.”

How it works

Imfuna Rent Pro can be downloaded to any iPhone or Android mobile device. Users can then collect data at the property in a uniform and standardized format and take unlimited digital photographs. Unlike other inventory software solutions, Imfuna Rent Pro includes dictation and transcription within the application. Dictation capabilities allow users to easily replay and redo the recording on site and access the full transcription just 24 hours later.

After the data is collected, the user accesses the Imfuna portal online to check and edit the report, including amending dictation. The report can be shared with relevant parties and all further comments are automatically date and time stamped to provide an accurate and traceable reporting trail, heightening the credibility of reports. Over time, this secure online portal will retain the full historical data of any property.

Availability and Pricing

Imfuna Rent Pro can be downloaded for $1.99 from the Apple Store (http://itunes.apple.com/app/rentpro/id439751609?mt=8) and Android Market (https://market.android.com/details?id=com.imfuna.rentpro.app). Users receive five free reports, with subsequent reports priced at $9.50 which includes 30 minutes of dictation.

Imfuna has also recently released Imfuna Let, comparable to Imfuna Rent Pro, for the UK market, and soon will be releasing Imfuna Punch List for the construction industry.

About Imfuna

Imfuna streamlines workflows and increases productivity for the building and real estate industries through mobile-to-web applications. Imfuna’s platform of applications has redefined how the commercial real estate industry inventories property via mobile devices and the Internet. The Company’s platform enables users to collect data on mobile devices and store inventoried data in a secure cloud environment for future reporting, collaboration and forensic proof. Imfuna was founded in 2009 by two world-class forensic engineers. They developed a flexible technology platform to support multiple applications for collecting, storing, and sharing condition data about any physical asset. Imfuna has released product solutions in the US and UK, with more on the horizon.

http://www.imfuna.com

Media contact:

Rachel Bennett
E-Mail: media@imfuna.com
Telephone: (415) 392-1000

 

Finding Your Rental In San Francisco

So you’re moving to San Francisco?  Welcome to one of the most beautiful and desirable cities in the U.S.!  Finding the right rental can be a daunting task in one of the tightest rental markets in the country.

First Steps

To prepare, start looking at listings on craiglist.com well before your arrival in San Francisco so you can recover from sticker shock before your actual search begins.  Follow a rental agency’s Tweets or Facebook page to start learning about the market.  The best agents post video tours and photos of units, but do keep in mind that online images are no substitute for seeing a unit in person.

Consider timing.  Most rental units are not shown until they are vacant and often they go to the qualified applicant who will start a lease the soonest.  Know exactly what date you’d like a lease to start.  If you are looking more than 30 days before your move date, you’re probably looking too soon and you will likely not be the successful applicant.  Two to three weeks before your move date is the ideal time frame to conduct your in-person search.

Decide What You Want

The most successful apartment hunters know what they want and act quickly when they find a rental that meets their needs.

Research which neighborhoods you like best.  Take public transportation lines to and from your workplace.  Hang out for a bit and get a good feel for the area.  You won’t have time to waste looking at rentals that are too far from work or don’t have the neighborhood look and feel that you want.

Newcomers to San Francisco often find they aren’t able to identify a property that has everything on their wish list, and it becomes a game of give and take.  Prioritize your wish list into “must haves” and “nice-to-haves”.  Consider the following examples:

  • Reserved parking in some neighborhoods is tough to find and some apartment hunters decide against bringing their car to San Francisco and instead use one of the car-share services.  With this alternative, you will save money and the environment at the same time!
  • Personal washer and dryer in unit are common for $3,000+/month rentals but not so much in the lower rents.  Even so, many buildings have nice laundry facilities with card readers, so there is no need for quarters!  Consider the benefits of Laundromats (there is one on almost every block here): quiet time to read a book, catch up on email, and you’re likely paying a lower rent than if you had onsite laundry.  There are also plenty of wash and fold services for the busy professional; some of these companies even offer pick-up and delivery.

Often people think they need a two-bedroom apartment until they see some of the massive one-bedroom units available in buildings constructed in the 1920s.  Some of these units are over 1,000 square feet.  One bedroom lofts built in SoMa in the last ten years are often even larger.  So if you would like a second bedroom for an office or nursery, look instead for large one-bedroom units, which sometimes have bonus rooms that don’t qualify as a true second bedroom, yet still meet your needs.

A note on pets: When you find a unit that will work for you, don’t hesitate to apply.  However, it is important to come prepared:  Bring photos of your dog to the showing or have them ready to email with an application.  At this writing, only 13% of the available rentals in Pacific Heights will consider a dog, 20% for cats.  Finding a home with a dog over 60 lbs is not impossible…but it is difficult. Also be aware that landlords customarily request an additional deposit for a pet – usually $500.  This is fully refundable at move out if there is no damage.

Last but not least, don’t hold out for the “perfect apartment”—it doesn’t exist—and you risk losing a near-perfect fit.  Leases are typically 12 months.  If you have regrets about the choice you’ve made, you won’t have to wait too long to move on to something better.  So relax and don’t forget to enjoy your search.

Viewing Units

Be sure to view units during daylight hours.  The sun can shed the light needed to discern the condition of a unit.  Take a day off of work to look for your new home.  Applying for rentals during the week will give you a leg up on most applicants who wait until the weekend.  When open houses are advertised, ask for private viewings prior to the scheduled events.  You’ll beat everyone else to the punch, but just as importantly, you’ll meet owners and agents one-on-one so you can dazzle them with your charm!  Open houses are often chaotic and individual attendees blend with all the others when owners and agents later review applications.

Be Prepared

Order your own credit report and bring it with you to showings.  If there is anything negative on your credit report, have a written explanation ready and a payment plan arranged.  Those applicants with accounts in collections, judgments, or bankruptcies will find it difficult to compete for a rental in San Francisco.  Other items to have on hand are recent paystubs, bank statements, offer letters from new employers, and phone numbers for your last two landlords.  Having this information ready and organized will give you a step up against your competition.  The more documents you can provide to a potential landlord, the more comfortable they will be with you as a tenant.

Last tip: Have move-in funds ready for immediate withdrawal.  A delay in the first payment can cause you to lose a unit to someone else who is ready to go.   Typical move in costs are first month’s rent plus security deposit (usually equal to 1-2 months rent).

Good luck & happy hunting!

Tracy Ballard, Leasing Consultant, DRE 01870837, relisto.com, has rented more than 200 homes to happy tenants in San Francisco.  Prior to moving to San Francisco 10 years ago, Tracy obtained her business management degree at University of Alaska, Anchorage.

Anthony Harkins, Leasing Consultant, DRE 01513284, relisto.com, has extensive experience in renting apartments in San Francisco and brings a unique viewpoint to the process with 20+ years in property management.  Anthony holds a degree in Finance and is also a California Certified Resident Manager.

Aiming High Can Cost You Money

Posted July 27th, 2011 by ReLISTO and filed in Uncategorized
Article originally authored in 2005 by Jackie Tom 

 

Your unit is vacant. You have spent time cleaning it and upgrading the appliances and fixtures. Now the time has come to put it on the market. With the rules of rent control spinning in your head, you are determined to get the highest possible rent—so you aim high. Many landlords feel they can dictate market rents for their properties, so they market them on the high side. They take this approach in order to compensate for negotiations; and also in order not to be trapped with low rents in a rent-controlled unit. They conclude that by setting the rents high, they will eliminate financially irresponsible applicants. But in my experience, tenants dictate the market and what the market rents will bear. This is mostly a result of the Internet. Tenants are able to both research and compare available rentals more thoroughly than ever before, so this is why setting realistic rents can offer you so many benefits.

Set Realistic Rents….Knowing what the market can bear is the key to pricing your unit correctly and getting the highest possible rent. As a landlord, your goal should be to get a good rent, with a great and responsible tenant. Sometimes, however, landlords aim too high and are disappointed with the turnout at open houses, followed then by even further disappointment with the quality of applicants who apply. When you have a vacant unit, your first question should be, “How much can I get?” Your second question should be, “How do I determine what is market rent?” There are many sources that list available rentals. You can even narrow your search to specific neighborhoods. But the problem is these sources only list the asking price. What you don’t see is the final rental price of the unit. But rest ­­­­­assured—experienced rental experts have this information. Increase the pool of qualified tenants by advertising your vacant unit at market rents. Imagine having the difficult task of  choosing from multiple, well-qualified,  eager, potential tenants who want to move in now. One of my clients with a unit in the 900 block of Castro had just such a dilemma this month. Having priced her unit at market rent, she received several nice, exceptionally qualified applicants within a week and had a signed lease shortly thereafter.

Rent Your Units Quickly…. Each month your unit sits vacant you are losing money that could help pay the mortgage, property taxes and insurance. Every month it stays vacant increases the amount of time you will need to recoup your losses. For example, let’s say you list your unit for $2,300, and three months later you finally rent it for $2,000. Obviously you will have lost out on $6,000 rent. So why would anyone overprice their unit? About four months ago, I had a listing appointment and presented the landlords with a very realistic rent for their unit. But the owners wanted to market it at a rent that matched a comparable house located just down their street. So they politely declined my services and put the house on the market themselves. Just last week, they came into my office to have me help analyze credit reports from some potential tenants. Thus, I was able to find out that the landlords had ended up renting their unit at the same rent I had quoted them. Sadly, all this occurred four months after my first meeting with them, which meant they had lost out on $8,000 in rent. Aiming high cost them money.

Reasons Landlords Price High…

“I won’t rent it too low because it’s a rent-controlled unit and I don’t want to be stuck with these rents for a long time.”

I know this feeling well. Having a vacancy in this market is a lot of work and no fun. Tenants are out looking at properties all the time, so they see what is available in their price range. Thus, they know how units should be priced, and believe it or not they keep track of how long units are on the market. Armed with this knowledge, prospective tenants will not pay more than market rent. Would you?

“Charging higher rents will give me the type of applicant that is more financially stable and mature.”

In this economy, nobody can guarantee the stability of their employment. People get transferred and move now more than ever before. They move for promotions or better jobs, or they get laid off and are forced to move to a less expensive unit. But keep in mind that regardless of how financially qualified tenants are they will not pay more for their units than they are worth. In January 2005, we rented 26 units. This success was due in part to a pricing strategy that relied on our experience in the rental market. We have seen clients aim high; and we have seen the result—lost income. But when you know where the target is, your aim will get you a pool of qualified tenants, a filled vacancy and a rent check in your hands. Meanwhile, those who chose to aim high will still be searching for the target.

Article was originally printed and published in 2005. Jackie Tom is a native San Franciscan and started her real-estate career in 1995. She has been an active participant in many different aspects of the real-estate market and has found her passion and expertise in rentals.  Jackie is the owner of Rental In SF, a boutique Leasing Agency providing exclusive representation for landlord clients and the Co-Founder and Managing Broker of ReLISTO a Leasing and Management Solutions company. She can be reached at 415-552-3263, or at Jackie@rentalsinsf.com

Making Your Rentals More Marketable

Posted July 27th, 2011 by ReLISTO and filed in Uncategorized

This article written for the San Francisco Apartment Association by ReLISTOs Managing Broker Jackie Tom.   -Relisto

Making Your Rentals More Marketable

By Jackie Tom- 2005

 

People often say that if your product is good enough it will market itself. Back in the dot-com days, good enough was any vacant unit, for all we had to do was clean it and hang a “For Rent” sign out front. In just a matter of hours, there would be a line of people with applications in hand, hoping to rent your unit. These people were not looking for a view, laundry, gas stove and/or parking. In that tight market, they were simply hoping to find a vacant unit in the city by the bay.

It is a very different story today. Unemployment is a reality to many, for most of the dot-com jobs have dried up or moved out of town. As a result, the number of vacant units has risen dramatically. “Good enough” is no longer any vacant unit. We now realize that we must each change our frame of mind. We can no longer rely on a quick cleaning and a “For Rent” sign to attract tenants. We have to learn new ways to market our product. As a real estate rental agent specializing in filling landlords’ vacant units, I will share some of the tech­niques I use in this “tenants’ market.”

 Preparing Your Unit

As you begin to prepare your vacant unit for showings, remember that in this market, prospective tenants are concerned about the landlord as much as they are with the unit. The condition of your unit and building is seen as an indicator of how you will treat your tenants. A dirty unit in need of maintenance suggests the land­ land­lord will be unresponsive to his or her tenant’s requests for service when problems occur. As I mentioned above, we all know the need to clean our units prior to putting them on the market. But how much cleaning is necessary? My rule of thumb is that your unit should leave no evidence of the previous tenant(s). This advice sounds obvious, but I cannot begin to tell you how many times I have shown units that have not been cleaned to this standard. I was handling a vacancy in a great, grand Victorian. The unit had been lightly cleaned and I had shown it several times without getting much interest. I decided then to follow my own advice. I worked with the land­lord to have the entire unit thoroughly cleaned and repainted. In addition, we installed new knobs on the kitchen cabinets, installed period-looking fixtures and hung nice sheer drapes. Gone was any evidence of the previous tenants. The unit had the look of a recent remodel, elevating it from the look of a typical rental to that of a nice home. The landlord signed the lease with a new tenant a week later.

The example above also illustrates another way to prepare your unit: upgrade it with a new, fresh look. Now is the time to consider strongly ways to make your vacancy stand out from all the others. This is also a great way to increase the value of our investment. The best part is that you do not need to spend a lot of money to spruce it up. Knobs for kitchen cabinets, new drapes and even new lighting fixtures can be bought inexpensively if you shop for deals. Last, consider simple staging techniques before showing the  apartment. You will be surprised how even a few props can elevate the look of your unit. I remember showing a client’s unit with a kitchen and several other rooms that felt small and awkward. To improve its look and feel, I had dark cabinets in the kitchen painted white and put a bowl of fruit on the counter. In one of the small rooms, I staged pillows on a built-in window seat; and in another well-lit room, I placed a nice comfy chair. Simple and inexpensive staging turned the vacant unit into a warm, inviting home. Within two weeks, I was presenting several qualified tenants to the landlord. Advertising There are several media outlets and resources available to advertise your unit. Before you list your unit, you must accurately describe its attributes. In today’s market, prospective tenants do not want to be deceived or have their time wasted looking at units that do not match the description in your listing. This became very apparent when one of my clients had a one-bedroom unit for rent. It was on the smaller side, and the doors between the bedroom and living room had been removed. When I first listed the unit as a one-bedroom apartment, I had many people come through, but the feedback was that it was too small. In response, I decided to advertise it  as a junior one-bedroom unit. I had  the unit rented within a few weeks.  The same unit that was deemed too small when listed as a one bedroom rented quickly at the same price when the advertising accurately described its attributes. For owners of Victorian units, remember that a fainting room is no longer considered a bedroom. List it as an office or spare room. You have now crafted an accurate description of your unit and you are ready to place an ad, but have you considered whether or not to allow pets? In today’s market, it is definitely worth considering. By doing so, you can attract a larger group of prospective tenants. Remember that you can specify cats or small dogs only, even though many of the large or giant breeds are more docile apartment dogs. As a landlord, all my units are pet friendly. I simply photograph high traffic areas prior to the move-in inspection in order to document the condition of the unit. I then ask the tenant to initial the photographs during the move-in inspection, and I request they sign a thorough Pet Agreement. The photographs and agreement are helpful when settling any potential issues about pet wear and tear to the unit. Setting the Right Rent Obviously there are many factors that determine the amount of rent you can charge for your vacant unit. Though it is paramount that you set a realistic rent, determining the appropriate amount may prove a bit of a challenge. Yes, you can use the trial-and-error method of starting out by listing a high rent and lowering it if the unit is still vacant after a certain amount of time has passed. Setting a realistic rent upfront, however, often reduces the time your unit is on the market.

Article was originally printed and published in 2005. Jackie Tom is a native San Franciscan and started her real-estate career in 1995. She has been an active participant in many different aspects of the real-estate market and has found her passion and expertise in rentals.  Jackie is the owner of Rental In SF, a boutique Leasing Agency providing exclusive representation for landlord clients and the Co-Founder and Managing Broker of ReLISTO a Leasing and Management Solutions company. She can be reached at 415-552-3263, or at Jackie@rentalsinsf.com