Property Management
What is a management fee structure for a residential property manager?
AAlways a flat monthly fee
BTypically a percentage of collected rents (6-12%) plus leasing fees, maintenance coordination fees, and other charges✓ Correct
CA percentage of the property's market value
DA fixed annual fee regardless of occupancy
Explanation
Residential property management fees typically include a monthly management fee (6-12% of collected rents), leasing/tenant placement fees (often one month's rent), maintenance coordination markups, and sometimes renewal fees.
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