Fair Performance Based Pricing With No Hidden Fees
The most expensive mistake a real estate investor can make is to cut corners on tenant placement
Choose the Right Management Package
Services Offered |
Self Managed Lease Only |
PM Full-Service Industry Averages |
|---|---|---|
| Property Leasing | ||
| Tenant Placement Leasing Fee | 1 month’s rent, due at leasing signing. | From 50% of one month's rent and charged up front |
| Premium Marketing | $150 | Not applied or $200+ |
| High-Quality Property Photos | varies | |
| Live Agent Showings | Unlimited agent support | Limited to in-house agent or self-show lockbox access. |
| Custom Rental Analysis | ||
| Make-Ready Project Management | DIY or 20% coordination fee if requested | 10-100% Markups |
| Pet Screening | varies | |
| Lease Preparation & Signing Coordination | ||
| Move-in Coordination | ||
| Lease Renewals | DIY or 50% of 1 month’s rent if requested | $250+ |
| Property Management | ||
| Monthly Mgmt Fee | N/A | Flat Fee up to 15% always charged, even when rent is not actually paid |
| 24/7 Property Maintenance Monitoring | DIY | varies |
| Maintenance Coordination & Management | DIY | 10%+ |
| Utility Administration & Management | DIY | |
| Lease Enforcement | DIY | |
| Annual Property Inspection | DIY or $150 if requested | |
| Eviction Services | DIY or $250 coordination fee if requested | varies |
| HOA Administration | DIY | |
| Security Deposit Disposition at Move Out | DIY | |
| Vacancy Management | DIY | |
| Rent Collection | DIY | |
| Bill Pay | DIY | |
| Secure Online Portal | DIY | |
| Monthly Reporting | DIY | |
| ACH Owner Payments | DIY | |
| Year-End Tax Reporting | DIY | |
| Get Started | Get Started | |
Pricing Strategies
Pricing your rental requires knowledgeable expertise of current market conditions.
Your Residential Renters Consultant will help answer the following questions:
- What have renters recently paid for similar properties?
- Will this price attract enough attention by renters to generate showings and acceptable offers?
- What properties are competing for the attention of renters right now?
- What properties have not rented, indicating what prices renters are unwilling to pay under current market conditions?
Consider the following:
- If the listing price is set outside of the proper parameters, potential renters may be deterred from consideration.
- Arriving at the optimal price requires evaluation and understanding of current market conditions, the marketable features of your property, and recent trends in the rental market.
- The closer your rental is priced to fair market value when it first comes on the market, the more likely it will rent quickly with well-qualified tenants.
- The higher your rental is priced above market value, the fewer number of available renters.
Pets or no pets:
If you are hesitant on allowing pets, you may want to consider the following:
- Residential Renters Consultant can implement safeguards to significantly reduce risk.
- Pet insurance can be required.
- Pet Agreements shall be provided to renters defining terms and conditions.
- Additional Pet Deposits & Monthly Pet Fees can be incorporated.
- There is a large population of qualified renters who have pets. Providing accommodations will greatly increase your marketability.
- More apartments are allowing pets in order to maintain competitive advantage.