Our management fee is 10% of the monthly rent. We do not charge vacancy fees or finder’s fees for new residents. We only pass on the direct marketing costs and maintenance costs.
Our fee basis and structure is designed to be all inclusive, simple and ensure we are working towards a common goal of:
- Finding suitable residents at the market rent as promptly as possible.
- Maximizing the occupancy (our occupancy rates for 2017 were 97.2%)
- Minimizing vacancy and turnover costs.
As a consequence our only fee is 10% of the collected rent. There are no vacancy fees, no leasing fees, no lease renewal fees, no vendor fees.
No Rent = No fees
The only other fee is an up front marketing fee of $180 to list your property to prospective resident. This is a one time fee to offset the costs of listing your property. These costs include:
Paid advertising on platforms such as:
- Google ad words
- Sponsored Facebook posts
Management fees & Services include:
- Photography and video tour of your property
- Comprehensive marketing to prospective residents
- Property shows
- Resident applications and background screenings
- Lease preparation and electronic signing capability
- Property turnover co-ordination and cleaning
- Vendor coordination
- In house 24 emergency coverage
- Repair requests
- Managing all tenant communication and requests
- Maintenance coordination
- H.O.A notices and violations
- Rent collection
- Disbursement of funds and accounting
- On line account access
- Bi annual (6 monthly) property walk through
- Move in and move out walk-through with video
- Security deposit management
- Peace of mind