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Pricing
How management is charged.
Property management is normally a percentage of the rent we actually collect, so the incentives line up: we are paid when the property is occupied and paying. The figures below are indicative and your written quote is what applies.
Management
Ongoing management of an occupied unit.
8–10% of collected rent
- Rent collection and delinquency handling
- Maintenance coordination and work orders
- Inspections and compliance monitoring
- Owner dashboard and monthly statement
- Year-end summary
Tenant placement
Filling a vacancy, from listing to signed lease.
50% of first month's rent
- Listing, photography and syndication
- On-demand self-showings
- Full applicant screening
- Lease preparation and disclosures
- Move-in condition report
Lease renewal
Keeping a good resident rather than refilling the unit.
$150 per renewal
- Renewal offer and market review
- Current forms and disclosures
- Signature collection
- Updated rent roll
Indicative rates for Sacramento properties. Your written quote confirms the rate, what it covers and anything excluded. Nothing is charged before you have signed it.
What else may apply
Everything that could appear on a statement.
| Item | When it applies |
|---|---|
| Management fee | Monthly, on rent actually collected — not on rent invoiced. |
| Leasing fee | When a new tenant is placed. |
| Renewal fee | When an existing lease is renewed. |
| Maintenance | Passed through at vendor cost. We do not mark up vendor invoices. |
| Project coordination | For capital work such as a roof or a re-pipe, quoted before it starts. |
| Eviction coordination | If it becomes necessary, quoted at the time. |
| Lease-break or early termination | Per the lease terms, when it happens. |
No markup on maintenance. Vendor invoices are passed through at cost and attached to the work order, so you can see exactly what was charged and by whom. That is the point of the platform.
Questions
About fees.
Why a percentage rather than a flat fee?
It ties what we earn to the property performing. A flat fee is paid whether the unit is occupied or not, which is not an arrangement we want.
Is there a management fee while the unit is vacant?
The management fee applies to rent collected, so a vacant unit generates little or no management fee. Leasing work to fill it is charged separately as the leasing fee.
What is the minimum term?
Management agreements are typically month to month after an initial period, which is stated in your quote. If you are not happy, you should not be locked in.
Do you charge for the initial walk-through?
No. The initial walk-through, the rent assessment and the written condition report are free, and the report is yours to keep whether or not you engage us.
How much do repairs cost me?
Vendor cost, passed through without markup, subject to the approval threshold you set. You see the invoice on the work order.
Get your rate in writing.
Send the address and we will come back with a rent assessment, a condition report and a written quote that states the rate and what it includes.