Maitland, FL · Member since 2017 · 7 posts · 0 votes
I am a remote and self-managed owner. Insanity, I know. But there is an onsite contact person who I'd like to have manage the keys and showings while I continue to manage the listings, tenant vetting, maintenance (through my contacts), and payments. As yet, I do not see this situation addressed on the boards, but please direct me to the post if you know of one-- Suggestions on what should the fee structure should be for my key-holder? Thank you for your thoughts. (Please I'd like to address the question itself and not directions to get a full-service property manager. That is something I'm already considering.)
Real Estate Agent · Pittsburgh, PA · Member since 2015 · 1k+ posts · 846 votes
6y
@R.G. Pham it sounds like you just need a leasing agent.
Typically one month's rent for leasing is what people in my market charge. We also have a startup in my area called Ikos that does this.
As far as managing keys, just move everything over to keypad locks. We've been doing that and it's pretty sweet since all you need to do is change the code between tenants.
Maitland, FL · Member since 2017 · 7 posts · 0 votes
6y
Thank you Cameron, we would prefer not to rely on the tenants as we have the realtor/contractor who has been working on the property to hold the keys and do showings/turnover, but since he does not live on the property we are not sure what the fee structure should look like. I'm considering a high percentage of rent during turnover months and a smaller fee for holding the keys when leases are in place.
Real Estate Agent · Pittsburgh, PA · Member since 2015 · 1k+ posts · 846 votes
6y
@R.G. Pham it sounds like you just need a leasing agent.
Typically one month's rent for leasing is what people in my market charge. We also have a startup in my area called Ikos that does this.
As far as managing keys, just move everything over to keypad locks. We've been doing that and it's pretty sweet since all you need to do is change the code between tenants.
Another suggestion is to make a digital copy of the key in Home Depot and you can just text them the key. They would just have to pick it up. You can doc the $5 from the first months rent if need be. I would also do the code thing as suggested.