Fee
Structure
MANAGEMENT
FEES
The management fee is a percentage of the
contracted rent amount. This fee is
charged each month for the efficient
operation of the property*. This fee is quoted
based on the total number
of units being managed as well as the location and
condition of your
property.
LEASING FEE
The Leasing fee is a
one time commission paid each time we rent the property. This fee is
also a percentage of the first months rent for each newly executed
rental agreement.
The
leasing fee includes:
Advertising: We place ads on the
internet to offer your property for rent. We include placement on our
web site and provide yard or window signage. We also recommend
additional print and internet advertising.
Showings:
We schedule appointments to show prospective
residents your property. Our leasing assistants are courteous and
friendly. Application and screening: We offer a simple but effective
application along with a modest application fee. We screen each
applicant?s credit, verify current and past rental history and verify
current employment.
Initial set up fees:
We do not
require a set up fee of any kind. We do require you to deposit an
initial amount to cover any additional advertising or property expenses
such as utilities, water etc. After your property is occupied we do not
require you to keep any reserve amount of funds in your account. Some of
our owners do, but that is up to you.
Renewal fees:
We also value each
of our residents and encourage them to remain with us. That is why we do
not charge a renewal fee.
*All of the services included with each
management account are explained on the Management Agreement.
