dollars and cents
flat fee system.
we hate to be “nickel and dimed” and figure you feel the same. so we offer the most competitive rate in a way that makes sense. the same rate all the time…no extras.
full service management:
50% of the 1st full month rent as a fee for the “rent up” process
9% of the gross monthly rent as the management fee. click here for specials.
leasing service:
100% of 1st full month rent
how is this different from the norm?
you may find a company that says they will charge a lower monthly percentage but watch out for extra charges. these charges can be $50-$100 each time for items like inspections, postings, dealing with tenant issues, sending your statements each month, paying your mortgage payment, maintaining a tax savings account, etc. as you can imagine, all these extras can double or triple what you were originally quoted as a management fee.
be sure to ask about policies regarding repairs to your property.
it’s common practice for property managers to charge “cost plus 10%” when they have to hire a contractor for repairs. what this means, is that they will charge an extra commission of 10% of the cost for the repair. as you may suspect, there is a conflict of interest here and it may be routine to select a random company out of the yellow pages or the highest bid in order to increase the commission amount. we believe it’s our job to keep your costs low and your income high. therefore, we have worked hard over the years to develop sound relationships with contractors that give us both rock bottom rates and quality work.
