How Much Do Property Management Companies Charge In Little Rock
Hi, guys. I’m Victoria Wilbanks and I’m the team leader here in Little Rock for gkhouses, and I’m just here today to tell you a little bit about how much do property management companies charge here in Little Rock.
This is a question we get all the time about what are our fees, how much are they, that kind of thing.
The first fee that really anybody sees is a leasing fee.
So, a leasing fee can either be a percentage or a flat fee just depending on the management company, but what this is, this is just our fee for leasing the house.
Basically, all of the work that we’ve done before with marketing, with underwriting the tenant, and placing the tenant and all that, that’s just our fee for that.
The next one is going to be our management fee.
You’re going to get charged this whenever there’s somebody in the house, leasing the house.
This is going to be either a percentage or a flat rate, sometimes a percentage of the rent or that kinda thing, but this is just going to be our monthly management fee for when the tenant is actually still living in the house.
The next thing is gonna be a maintenance markup.
So, say, we have to coordinate a vendor, an HVAC vendor or something like that, for an air conditioning, there’s going to be a markup for us to coordinate that.
Obviously that’s just a fee so that you don’t have to do it, so you don’t get the call at 5:00 on a Friday for your air conditioner.
That could either, again, be a percentage or a flat rate with that also.
The next thing is just gonna be preventative fee.
So this is really important and something that a lot of people don’t really think about, but this is gonna be the things that we can pay for…that you can pay for up front and not have to pay for it later.
This could be anything from filter and battery inspections, eviction protection, HVAC inspections, like, biannual, and then gutter cleanings, those kinda things that if those situations went unnoticed that they could turn into bigger, more expensive issues where you could pay a fee up front and we can always check on it for you.
If you have any questions about any of these other fees that are charged here in Little Rock or anything like that, feel free to give me a call. My number is (501) 232-0676. You can just press extension 3 and you can get through to me. Thanks so much.