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Updated almost 8 years ago on . Most recent reply

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Chad Blessing
  • Cedar Park, TX
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PM Fees and Bulk Discounts

Chad Blessing
  • Cedar Park, TX
Posted

Hello,

I'm working up a proposal to manage about 10 units...(8 duplex units + 2 other homes)...all in my area in NW Austin.  Average rent is about $1,300.  My normal fee for one unit is 8%.  Anyone out there have experience providing bulk discounts for a similar range of units?  If so, how did you structure your agreement?

Thanks!

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

I offer a small discount for newer, low-maintenance homes or for multiple properties (three or more). My typical management fee is 10% and my steepest discount is to 8%.

  • Nathan Gesner
business profile image
The DIY Landlord Book
4.8 stars
244 Reviews

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