Property Management Fees in Rochester, NY

Upstate New York, New York
Out of State Investing
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Property Management Fees in Rochester, NY

John K Smith
Member since 2025 · 2 posts · 1 vote

Hi folks - I am in the market for a Property Manager in the Rochester area for a 12 unit property. Is the below fee schedule normal?

Line Item

Fee

Collected Rents

10% of All Collected Rents

New Tenant Search & Onboarding

$500

Business Hour Service Calls

$80/hour + Materials Cost + Tax

After Hour Service Calls

$110/hour + Materials Cost + Tax
  • HVAC Cleaning & Inspection
  • Gutter Cleaning
  • Spring/Fall Exterior Cleanup
  • Seasonal Mowing & Weed Trimming
  • Seasonal Snow Plowing
  • General Contractor

Vendor Cost + 10% Oversight Fee
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  • Mark UpdegraffBusiness Member
    Real Estate Broker · Rochester, NY · Member since 2010 · 1k+ posts · 689 votes
    1y

    It depends on who you're hiring but that seems fairly standard.  In our market it is important to make sure they are a licensed broker, carry adequate GL and worker's comp (and name you as additional insured).  There are a lot of fly by night outfits up here unfortunately.  

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