d_ausra, Home Buyer in Lake Park, FL

How much usually property managers charge to find tenants/further management.Heard about 10% monthly rent, is it true?

Asked by d_ausra, Lake Park, FL Sun Oct 27, 2013

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6
Myrna Hernan…, Agent, Wellington, FL
Fri Nov 1, 2013
Hello. The fee is normally 10% but that is something that you can discuss with the PM Co you choose. The important thing that you need to know is that you go with a certified PM that has an established company with an escrow account. There are a lot of RE managing properties and are not lethally set yo for it. Do you homework that's is the best advice I can provide you with.
If you would like more information feel free to contact me directly
Myrna Hernandez
MHMSC
954 205 5555
0 votes
Josh Barnett, Agent, Chandler, OK
Fri Nov 1, 2013
Its all negotiable but remember, you get what you pay for.
0 votes
Cathy Brue, Both Buyer And Seller, Palm Beach Gardens, FL
Fri Nov 1, 2013
Commission is always negotiable between a company and client. You will have to contact individual companies/agents to see what they offer
0 votes
Bob Brubaker, Agent, Lake Worth, FL
Sun Oct 27, 2013
Rate schedules of Property Managers vary! The 10% figure you hear
can be 10% of rents collected,10% of Gross amount of the Lease''
or other commission for the " Operations" side of the Service.
Then there are separate fees for Securing a tenant which
can vary from 6% to even 10% again.!! with many times
annual "renewal " fees on existing leases.
All this is to point out that the Management Contract you sign
has to spell out in detail- the charges for the" on-going"
management services you are going to receive as well as
all leasing commissions. The fine print can" make" or "break"
you. Best advice focus on the duties performed for
Best Comparisons Not % rates to start with.
If I can help, contact me anytime.

Bob Brubaker Highlight Realty Palm Beach County Fl. 561-876-6649
0 votes
Joan Zimmerm…, Agent, Lakeworth, FL
Sun Oct 27, 2013
You hear right it's about 10% of the monthly rent.


Serving buyers and sellers in Palm Beach County since 1995


Sincerely,
Joan Zimmerman
Continental Properties
2240 Palm Beach Lakes Blvd.
West Palm Beach, Fl. 33409
561.294.8712 daytime
561.792.2330 evening
0 votes
Myrna Hernan…, Agent, Wellington, FL
Sun Oct 27, 2013
That is true. We also charge first months rent for finding a qualified tenant. Other PM Co charge for additional services we do not. Also, give personable attention to all of our clients and tenants. Please feel free to contact me if you would like to speak with me directly.
Myrna Hernandez
MH Management Solutions
954 205 5555
0 votes
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