What is a normal management fee?
A monthly general management fee typically falls between 8% and 10% of the monthly rent for a single-family home—flat rates are rare for the monthly fee. Pay close attention to how fee structure is worded in your contract so that you know exactly how you are being charged for this baseline management fee.
How much does a property manager cost in NJ?
As a baseline, expect to pay a typical residential property management firm between 8 and 12% of the monthly rental value of the property, plus expenses.
What is the average property management fee in UK?
Full management fees: Full property management fees will typically cost landlords around 10-15% of the monthly rent collected. This can be higher in London. For longer tenancy contracts where you're getting guaranteed rent for longer, it could be worth seeing if your lettings agent will come down on the price.
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