Understanding Property Management Fees: What to Expect

Property management fees can vary depending on the services provided by the management company. Here's a breakdown of typical fees and the services they cover:

Typical Property Management Fees:

• Marketing: Fees for advertising your property and attracting potential tenants.
• Viewings: Fees for arranging and conducting viewings of your property.
• Letting: Fees for managing the letting process, including tenant referencing and agreement preparation.
• Maintenance: Fees for handling routine property maintenance and repairs.
• Legal: Fees for managing legal aspects of tenancy, including Right to Rent checks and tenancy deposit protection.

Understanding these fees and the services they cover can help landlords make informed decisions about property management.