Property Management
A property manager's management fee is most commonly calculated as:
AA flat annual fee regardless of income
BA percentage of gross collected rents, typically 8–12% for residential✓ Correct
CA fee per unit per month regardless of occupancy
DA percentage of the property's market value
Explanation
Property management fees for residential properties are most commonly a percentage of gross collected rents — typically 8–12% depending on the market, property type, and services provided. Some managers also charge leasing fees for finding new tenants.
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