Property Management Fees and Pricing
Every day your property is not leased, you lose money. Thousands of homeowners and investors trust us to manage their rental property and to maximize the return on their investment. To them, the cost of property management is worth the price. We help property owners get market rent, avoid common mistakes and place quality tenants faster.
Our pricing is competitive with property managers in the area, however with us, you benefit from the added value of 30+ years of property management experience from the nation’s leading property management company. We are professional and trustworthy ensuring our owners and residents are satisfied. In addition, we make sure our clients know what to expect up front, with no hidden fees or surprises. Our customers value the services we provide, for a fair price.
Through the years that we have been in business, we understand that the needs and goals of each owner and property are different. Since we have many different packages with various options, we ask that you call and talk with us about your particular needs for property management. Together, we will figure out which property management package will most likely fit your specific needs and budget.
Our packages range from a simple Resident Placement Plan to Full-Service Property Management:
Resident Placement
The Resident Placement Plan starts with the completion a detailed analysis of your property which we use to determine the maximum market rental rate for your home. We will then assist with any make-ready maintenance work (if necessary), take professional photographs, advertise your property, take calls and answer inquiries, show your property to interested prospects, qualify applicants, draft the lease, set resident expectations, and complete move-in documentation.
If your home is already occupied by residents not placed through Real Property Management 360, you find your own resident, or you hire your own outside agent to place a resident and you want us to take over with a lease already in place, there is no resident placement fee charged.
Full-Service Property Management Fee
This is the fee charged for the day-to-day operations of your rental property. Items typically covered by the property management free include rent collection, maintenance coordination, lease enforcement, and resident relations. The standard fee for this service in our market is approximately 10-15% of the monthly rent.
Full-Service Property Management Packages
If you’re tired of the headaches that come with managing your rental property, we’ve got it handled. At Real Property Management 360, we realize that one size does not fit all when it comes to the needs of each individual property. Each package provides services and guarantees above and beyond the standard for property management in Texas.
Our management plans are designed to handle the stress of residents, maintenance, and liability.
Starter
Leasing – 75%
Set Up Fee – $195
Management
Legal compliance
24/7 reporting access online
Standard advertising
Marketing photos
Rent collection
Weekly marketing reporting
Owner payments electronically
24/7 maintenance response
Monthly owner statement
Annual 1099 and financial report
60-Day risk free guarantee*
Renter replacement – 6 months*
Advanced
Leasing – 50%
Set Up Fee – $195
Management
Legal compliance
24/7 reporting access online
Standard advertising
Marketing photos
Rent collection
Weekly marketing reporting
Owner payments electronically
24/7 maintenance response
Monthly owner statement
Annual 1099 and financial report
Rented in 29 days guarantee*
60-day risk free guarantee
Renter replacement – 12 months*
Bi-annual property evaluation*
Risk-free eviction guarantee*
Items typically covered by our Standard Full-Service Property Management Agreement include services such as Maintenance Coordination, Monthly Accounting, Rent Collection and more.
If your needs are better served with a higher level of service, our Enhanced Full-Service Property Management Agreement includes all services within the Standard package, plus Annual Maintenance Inspection and a Rented in 29 Days Guarantee.
Additional Services
To minimize your risk and give you peace of mind, we also offer the following guarantees:
*Rented in 29 Days Guarantee
We are a dedicated partner in your corner and understand how important a quick turnaround time is to you and your bottom line. If we don’t rent your property in 29 days or less, you do not pay a management fee for the first month. With our marketing plan and world-class client management system, we’re confident we can lease your property quickly and get the rent coming in.
*Periodic Maintenance Inspections
We stand behind our commitment to simplifying property ownership and making sure your property is maintained properly, that is why we perform periodic maintenance inspections for only $299. We inspect the property both inside and out to ensure resident compliance and assess property condition. Our Basic plan includes an annual inspection while our Enhanced and Premier clients are placed on a semi-annual schedule.
*60 Day Risk Free Guarantee
We stand behind our commitment to relieving your hassles. If, for any reason, you’re not completely satisfied in the first 60 days, you can terminate your agreement. No questions asked. Just let us know in writing that you wish to terminate our services and we will refund all your management fees. No hassle, argument, questions, or hard feelings.
*Tenant Replacement Guarantee
$10/mo
We don’t want you to experience the stress of having a tenant walk away—leaving you with an empty property, no rent to pay the mortgage, and the expense of finding a new tenant. So if we place a tenant with you and that tenant vacates your property in less than six months, we will find you a new qualified tenant for free.
*Risk Free Eviction Guarantee
$25/mo
We understand the challenges that come with evicting a tenant. With the Risk Free Eviction Guarantee, you pay a small monthly fee and we pay all the legal fees involved in an unlawful detainer suit. Because so many people participate in our program, the cost of a painful eviction is spread out over many property owners—affordably minimizing the risk for everyone involved.
