RATES AND
FEES
Rates
The fees quoted below are for management of one single-family
rental property: single family home,
individual condominium or townhouse.
For our services, the following
rates apply:
|
•
Securing a new tenant
|
20% of the first complete month's rent
|
|
•
Monthly |
10% of the monthly gross income received |
We do
not charge for payment of the following on behalf of the
client:
|
• General
excise tax |
• Insurance |
|
• Mortgage |
• Property
tax |
|
• Maintenance fees |
• Association dues |
For coordinating any
extraordinary repairs or renovation projects, a special fee
(to be negotiated with the
owner prior to the start of the project) will be
charged. All out-of-pocket expenses,
such as advertising, repairs, legal fees and Rent Check
dues will be charged to the client's account.
Fees
|
Start-Up |
NONE |
|
Renewal |
NONE |
|
1099 |
NONE |
|
Monthly |
We only charge our fees based on rent
collected. |
|
Placement |
Tenant placement fees will range from $75.00
- $400.00 with one half of that fee being
used to pay an outside broker, for a
referral of a qualified tenant (should there
be one). In addition, we guarantee the
placement of the tenant for up to 1/2 of
their lease term. Should the tenant vacate
during the first half of their lease, we
would not charge you again to replace the
tenant. |
|
Advertising |
All advertising costs are passed through to
the owner. |
Repairs - New Property
On occasion, an owner will call us and need our office
to manage, handle, and complete thousands of dollars in
repairs and clean-up of a property BEFORE
we ever manage it or make it available for the first
time to the renting public. We
charge 15% of the repairs made for handling these types
of
repairs.
Management |
Maintenance
