What are the fees of property management companies when an individual wants to rent out their home?

I don’t know anything about it. So, can someone give me a small education on it, how it works and a ballpark fee/price? I have a friend that wants to rent out his home.

4 Responses to “What are the fees of property management companies when an individual wants to rent out their home?”

  • Mary:

    Generally the fee is 8%. Sometimes you will have to pay a placement fee of around $300.

    Management fees are 8-10%.

  • tro:

    usually it is 10%, that’s what I charge my client and it seems to be pretty much standard

  • Elaine814:

    Depends on what they do ,where you live, are you let them handle repairs when something gos incorrect , mowing yard ?
    Give a bit more info .
    Elaine

  • kemperk:

    if you were-=are in PHX, az, I may possibly make you a fantastic deal.

    depending on where you are, you can negotiate a low rate
    today!