Property management services & fees

Management options

• Full-service management

  8% of rent

  Discuss property type, location, current needs and the proposed management scope.

• Leasing coordination

  Half a month's rent

  Ask about permitted leasing services, advertising, applications and the applicable process.

• Maintenance coordination

  $50 a work order

  Confirm how requests, vendor scheduling, approvals and repair charges are handled.

• Rent administration

  Included in the 8% fee

  Discuss payment administration, records, fees and the responsibilities in the agreement.

• Owner reporting

  Included in the 8% fee

  Ask about statement frequency, included records and how questions are resolved.

• Move-in and move-out coordination

  $300 a move

  Discuss scheduling, documentation, access and the agreed process for transitions.

Put the responsibilities in writing

Confirm approvals, reporting, service limits and transition terms before signing a management agreement.