Press Release

September 15, 2010

The Barrows, who have more than a decade of experience in the high-end residential property rental and leasing market in Marin, have assembled a team of agents whose efforts are focused on a real estate industry segment that is often an adjunct for sales-oriented firms.

“Property rentals, especially in the $3000-$10,000 per month market segment, take a very special kind of knowledge and network,” said xxxxxx.  “Most real estate firms have devoted themselves to selling property and do not have the infrastructure or the understanding of the market niche to be successful at rentals.”

The Barrows had previously worked with a firm that handled rentals throughout the Bay Area.

“Because we had concentrated on Marin and because we live in San Rafael,” said Christopher Barrow, “we thought the market could support a firm with a Marin-focused business model.”

Foundation Rentals and Relocation works with sales oriented real estate firms whose clients have decided to rent their properties and with corporate relocation and human resources departments to assist in corporate rentals for relocating their executives to the Bay Area.

“Many real estate firms realize that they are out of their element in the rental market and consequently lack the focus,” said xxxxxx.  “On the corporate side, we have been working with companies who are moving executives to Marin and they recognize how well we understand the area, and the depth of our contacts in the market.”

For property owners, Foundation Rentals and Relocation  specializes in handling all aspects of the rental transaction, from listing to marketing to financial and background checks on potential tenants, taking most of the burden off property owners, enabling them to continue with their own lives and work, uninterrupted.

“Having concentrated on rentals throughout our career,” said  xxxxxx, “we know the infrastructure required for a rental agency, the ‘must haves’ of the process and the network of services to access.

“Because of the attractiveness of Marin County to celebrities,” said xxxxx, “we have developed deep contacts within the entertainment and sports industries and have very successful in finding property for high profile figures who are members of seasonal teams or who might be making a film in the Bay Area.”

The Foundation Rentals and Relocation basic rate is 6 percent of the contract total or 50% of one month’s rent for leases under 9 months.  Agents are available seven-days-a-week.  The office, is located at xxx Sir Francis Drake Blvd. in Kentfield (415-xxx-xxxx).
The vast majority of properties handled by Foundation Rentals and Relocation fall into the $3,000-$10,000 per month range.   However, the firm also handles properties which fall outside that range.

“Frankly, the market has changed during the economic downturn of the past three years,” said xxxxxx.  “While rental home rates are not quite as high as they were during mid 2008, the demand today is generally up and prices and demand appear to be fairly well balanced.”