-c305b20.png/:/rs=h:110,cg:true,m/qt=q:95)
-c305b20.png/:/rs=h:104,cg:true,m/qt=q:95)
Our Fees
One to Four Unit Property
Licensed REALTORS® specializing in property management, backed by local and remote support staff, efficiently lease, manage, and coordinate maintenance for residential properties in their care.
Monthly Management Fee
Each month, Owner will pay Rental Success® 10% of the gross monthly rents collected that month.
Leasing Fee for New Tenancies
Each time the Property is leased to a new tenant, Owner will pay Rental Success® a leasing fee equal to 100% of one full month's rent payable under the lease.
Renewal or Extension Fee
Each time a tenant in the Property renews or extends a lease, Owner will pay Rental Success® a renewal or extension fee equal to 25% of one full month's rent for the renewal or extension.
Service Fee
Each time Rental Success® arranges for the Property to be repaired, maintained, redecorated, or altered as permitted by this agreement, Owner will pay Rental Success® a service fee equal to 10% of the total cost of each repair, maintenance, alteration, or redecoration.
Fees Related to Insurance and Legal Matters
If Owner requests or instructs Rental Success® to coordinate or communicate with any insurance carrier regarding any casualty to or on the Property, or if Owner requests or instructs Rental Success® to appear in any legal proceeding or deposition related to the Property, Owner will pay Rental Success® $100.00 per hour for Rental Success®' s time expended in such matters and in preparation for such matters.
Offsite Managed Multifamily Property (5+ Units)
Local and remote Rental Success® staff lease, manage, and maintain multifamily communities through a centralized system and uniform operating procedures.
Monthly Management Fee
Each month, Owner will pay Rental Success® 6% of the gross monthly rents collected that month.
Leasing Fee for New Tenancies
Each time the Property is leased to a new tenant, Owner will pay Rental Success® a leasing fee equal to 50% of one full month's rent payable under the lease.
Renewal or Extension Fee
Each time a tenant in the Property renews or extends a lease, Owner will pay Rental Success® a renewal or extension fee equal to 25% of one full month's rent for the renewal or extension.
Service Fee
Each time Rental Success® arranges for the Property to be repaired, maintained, redecorated, or altered as permitted by this agreement, Owner will pay Rental Success® a service fee equal to 10% of the total cost of each repair, maintenance, alteration, or redecoration.
Fees Related to Insurance and Legal Matters
If Owner requests or instructs Rental Success® to coordinate or communicate with any insurance carrier regarding any casualty to or on the Property, or if Owner requests or instructs Rental Success® to appear in any legal proceeding or deposition related to the Property, Owner will pay Rental Success® $100.00 per hour for Rental Success®' s time expended in such matters and in preparation for such matters.
Onsite Managed Multifamily Property (5+ Units)
Rental Success®’s corporate team and regional managers direct and supervise the operation of multifamily properties managed by dedicated onsite staff.
Monthly Management Fee
Each month, Owner will pay Rental Success® 3% of all income the property generates that month.
All expenses pass directly through the property at cost.