How Much Does Property Management Cost?

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Leasing Only Service Full
Service
The Other
Guys
Fee 70% of 1 Month’s Rent 8% of Rent “Collected” (Zero up front)*
1/2 of 1 Month’s Rent + 7% ++ of monthly rent
Rent Analysis
Listing & Marketing
Tenant Screening & Placement
Lease Preparation
Move-In Coordination
Resident Welcome Gift Not typically offered
Financial Reporting
Rent Collection
Accounting
Move-out Inspections
Serving Notices
Tenant Correspondence
Handling Security Deposits
24/7 Emergency Line
Eviction Coordination
Annual Inspections Add on $$ FEE
Annual Admin Fee Add on $$ FEE
Annual FTB Compliance Fee Add on $$ FEE
Lease Extension Add on $$ FEE
Close Out File Add on $$ FEE
New Property with Existing Tenant Add on $$ FEE
City Inspection Add on $$ FEE
Maintenance Coordination Add on $$ FEE
  • More than one property managed for owner – fee dropped to 7.5% of rent “collected”.