Do all agents do after lease management service? What is a standard market rate per month?

Asked by Home Owner, Hollywood, CA Sun Sep 9, 2012

My property is a small studio at Hollywood.

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4
Anthony Gale…, Agent, Brentwood, CA
Mon Sep 10, 2012
There is no standard it all depends on who does the management service i think somewhere around 6 percent is decent, however if you have one small studio you may be charge more.
0 votes
Richard "RJ"…, Agent, Beverly Hills, CA
Sun Sep 9, 2012
Not all agents also do management. Most will handle leasing but not many do month to month management. I happen to do management though. I do full service, list, lease, market, pre screening, the works (full service) 10% monthly based on rental rate... hence, $1200/mo would be $120 per month management. I would receive the rent from the tenant and handle all direct tenant contact so you dont have to do anything but get a monthly deposited into your account. Contact me if you are interested or have additional questions. Thanks.
Sincerely,
Richard "RJ" Kas (SFR, SRES)
"Representing the finest properties from Los Angeles worldwide"
KAS Properties - Coldwell Banker Previews International - Beverly Hills South
166 N. Canon Dr, Beverly Hills, CA 90210
310.859-5334 office - 310.488.9826 mobile - 310-273-0690 fax ATT: RJ
RichardKas@gmail.com - http://www.RJforLA.com - DRE: 01352771
Sellers Buyers Investors Leasing Consulting
0 votes
carlos parra…, Other Pro, Monrovia, CA
Sun Sep 9, 2012
No, all Agents/Brokers do not do after lease management service. There are some who specialize in management services.
Typical fees for management are from 3% to 10% of Lease depending on the volume. For example one unit might be 10% but 20 units may be only 3%. It is all negotiable.
0 votes
Sona Gallatin, Agent, Santa Clarita, CA
Sun Sep 9, 2012
Why would you need a property manager for just one condo? Usually property managers will take a property of 4 units or more and charge differently depending on the need. Higher maintenance needs may be higher fees. If your asking about the lease fee, that varies as well, usually 6-10% of the annual lease total.
Good luck
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