Owner Onboarding Portal — Powered by Bradford Elite Real Estate
469-647-1229 · propertymanager@myelitehomemgmt.com · myelitehomemgmt.com
Welcome to Elite Home Management. Please complete all sections so we can set your property up correctly from day one. This takes about 10 to 15 minutes.
Tell us about the property we will be managing on your behalf.
Complete this section only if your property is part of a homeowners association. Select No to skip ahead.
We will need physical access to your property for repairs, inspections, and showings. Please provide all key counts and code details below.
Please provide your current utility provider details for each service at the property.
Add any property notes, review the fee schedule and policy addendum, and sign below to confirm your understanding.
| Management fee | 8% of rent collected, $125 minimum |
| Vacancy period | No management fee charged |
| Leasing fee | 60% of one month's rent |
| Lease renewal fee | $250 flat |
| Month to month continuation | No fee |
| Roommate change | No fee |
| Property setup fee | $150 one time |
| Make ready inspection | $45 per inspection |
| Additional inspections | $75 per inspection |
| Vendor payment processing | $10.00 per payment |
| Court appearance | $100.00 per appearance |
| Offboarding fee | $150 only if terminated early or without proper notice |
| Professional listing photos | Included, reimbursed at actual cost only if canceled early |
| Maintenance reserve | Standard reserve, may be increased to $250 to $500 per unit with written notice |
If you have a signed written fee agreement with Elite Home Management, the fees in your signed agreement control over this standard schedule.
Please scroll through the full addendum. The signature of understanding unlocks once you reach the end.
Addendum to Residential Leasing and Property Management Agreement (TXR 2201)
This Addendum is made part of the Residential Leasing and Property Management Agreement (the "Agreement") between Owner and Elite Home Management LLC, by Bradford Elite Real Estate ("Broker") for the Property described above. Paragraph references below refer to the Agreement. Where a section states that it modifies a paragraph of the Agreement, the terms of this Addendum replace the conflicting terms of that paragraph. Where a section states that it confirms or clarifies a paragraph, it is provided for clarity only and does not change the Agreement.
Modifies Paragraphs 4(II)(A) and 6(A)
For each month the Property is leased, Owner will pay Broker the greater of 8% of the rent collected or the minimum management fee of $125. The $125 minimum applies only when 8% of the rent collected is less than $125.
Example: For a monthly rent of $1,300, 8% equals $104, which is less than $125, so the management fee is $125. For any monthly rent of $1,562.50 or more, the management fee is 8%.
Notwithstanding Paragraphs 4(II)(A) and 6(A), no management fee, including the minimum management fee, will be charged for any period in which the Property is vacant.
Confirms Paragraph 4(II)(B)
60% of one full month's rent, earned and payable when the lease is executed.
Confirms Paragraphs 4(II)(C) and 6(C)
Each time a tenant renews or extends a lease for the Property, Owner will pay Broker a flat renewal fee of $250. The fee is the same regardless of the rent amount or the length of the renewal term.
A new lease signed by the same tenant who is already living in the Property counts as a renewal. The fee is earned and payable when the renewal or extension takes effect and may be deducted from funds Broker holds in trust for Owner. No renewal fee is charged when a lease continues on a month to month basis.
Roommate changes. Adding or removing a tenant while at least one current tenant remains in the Property is a roommate change, not a new tenancy. A roommate change during a lease term does not result in any fee to Owner. If a roommate change happens at the time of a renewal, only the renewal fee stated in this section applies.
Additional fees under Paragraph 6(J)
Property Setup Fee: $150, charged once at the start of management. Make Ready Inspection: $45 per inspection. Additional Inspections: $75 per inspection.
These fees are in addition to the fees listed in Paragraph 4 of the Agreement, are earned when the service is performed, and may be deducted from funds Broker holds in trust for Owner.
Confirms Paragraph 4(II)(D)(2)
$10.00 per vendor payment processed. Broker does not charge a percentage based maintenance coordination fee.
Modifies Paragraph 4(III)(C)
The $150 offboarding fee stated in Paragraph 4(III)(C) applies only if Owner terminates the Agreement before the Expiration Date or without providing the written notice required under Paragraph 3. No offboarding fee will be charged when the Agreement ends with proper notice. This section does not change the fees upon termination stated in Paragraph 4(III)(A).
Modifies Paragraphs 4(I), 5, and 7(A)(23)
Reserve. The reserve stated in Paragraph 4(I) is the standard reserve. Based on the condition, age, and needs of the Property, Broker may increase the required reserve at any time to an amount between $250 and $500 per unit by notifying Owner in writing. Owner agrees to fund and maintain the requested amount. All other terms of Paragraph 5 continue to apply.
Repairs. Repairs that do not exceed the repair limit stated in Paragraph 7(A)(23) and are within the available reserve may be completed without prior notice to Owner to prevent delays or further damage to the Property. If sufficient funds are not available, repairs may be delayed until funding is received, except emergency repairs authorized under Paragraph 7(A)(24).
Alterations. Notwithstanding Paragraph 7(A)(23), Broker will not make any alterations, upgrades, or improvements to the Property without Owner's prior approval, regardless of cost. Repairs and maintenance that restore existing items to working condition are not alterations.
Clarifies Paragraph 7(A)(25)
Owner will keep utilities active and in Owner's name during all vacancy periods. If utilities are not active, Broker may establish service as necessary to protect the Property, as authorized by Paragraph 7(A)(25). All associated costs will be billed to Owner and may be deducted from funds Broker holds in trust for Owner.
Confirms Paragraphs 4(II)(G)(3), 6(G)(3), 7(A)(16), and 7(E)(2)
Broker will coordinate eviction and related legal processes. Broker does not hire or pay attorneys on Owner's behalf. Attorney fees, court costs, and all legal expenses are the responsibility of Owner.
Broker charges $100.00 per court appearance on behalf of Owner, as stated in Paragraph 4(II)(G)(3). This fee is for Broker's time and is not an attorney fee.
Modifies Paragraph 14(e)
Professional listing photos are included at no additional cost to Owner. Notwithstanding Paragraph 14(e), Owner will not be billed for professional listing photos, except as stated below. All other expense reimbursements under Paragraph 14 are unchanged.
Early cancellation. If Owner cancels the listing or terminates the Agreement before the Expiration Date, Owner will reimburse Broker for the actual cost of professional photography for the Property, as shown on the photographer's invoice. This reimbursement is in addition to any fees stated in Paragraph 4(III), is payable at the time of cancellation or termination, and may be deducted from funds Broker holds in trust for Owner.
Policy
Timely communication from Owner is required to ensure efficient operations. Delays in Owner response may result in delays in maintenance, leasing, or overall property performance.
Clarifies Paragraphs 11(G), 11(H), 16(A), and 23(D)
Readiness. Before management begins and before each new tenancy, Owner will deliver the Property in rent ready condition, with utilities active, systems and appliances in working order, and the locks and smoke alarms required by the Texas Property Code in place. Repairs needed to make the Property rent ready will be completed at Owner's expense before the Property is marketed.
Owner belongings. Owner will remove all personal property, furniture, tools, and stored items from the Property before management begins and before each make ready. Appliances and other items that are included in the lease are not considered Owner belongings. No locked or restricted areas are permitted. Owner will not keep any closet, garage, shed, attic, or other area of the Property locked or reserved for Owner's use. Broker does not provide storage of Owner's property.
If Owner items are found at the Property, Broker will notify Owner in writing before removing them, and removal will be at Owner's expense. Except for loss or damage caused by Broker's negligence, Broker is not responsible for Owner property left at the Property.
Access. Owner will provide Broker with keys, remotes, and codes for all doors, garages, gates, alarms, smart locks, mailboxes, and amenities. Owner will not change any lock, code, or access device without first notifying Broker in writing. While the Property is occupied, Owner will coordinate any visit through Broker. If access is not provided, Broker may rekey or obtain access at Owner's expense.
Delays. If the Property is not ready or accessible, marketing and leasing may be delayed. Broker is not responsible for lost rent resulting from those delays.
Paragraphs 21 and 22(A)
This Addendum is incorporated into the Agreement as listed in Paragraph 21. Where this Addendum expressly modifies a paragraph of the Agreement, this Addendum controls as to that paragraph. All other terms of the Agreement remain in full force and effect. In the event of any other conflict between this Addendum and the Agreement, the Agreement controls.
End of Addendum. Elite Home Management LLC, by Bradford Elite Real Estate, License No. 9015453-BB.
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Thank you for completing your owner onboarding with Elite Home Management. Our team will review your submission and reach out shortly to confirm your property setup and next steps.
1. You will receive a confirmation email at the address you provided within a few minutes.
2. Watch for a separate secure DocuSign email from Elite Home Management containing your ACH Direct Deposit Authorization and W-9. Please complete within 48 hours.
3. Our team will contact you to schedule your property walkthrough and confirm your onboarding is complete.
Questions? Call or text 469-647-1229 or email propertymanager@myelitehomemgmt.com