U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Business
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 09-24-2007, 05:43 AM
Location: Kirkwood, DE and beautiful SXM!
12,054 posts, read 19,659,322 times
Reputation: 31734


Thanks for the info Sunsprit.
Reply With Quote Quick reply to this message

Old 09-24-2007, 05:22 PM
2,197 posts, read 6,595,746 times
Reputation: 1684
Originally Posted by SXMGirl View Post
I am considering renting a home that I have inherited. What is the percent of rent that a property manager usually receives? I live over 400 miles from this house, and the reason that I don't want to sell is that I would virtually make no profit after paying a realtor. Any suggestions would be appreciated. Thanks.
Most property managers charge 10% of the rent. Some will negotiate a flat fee instead. In addition, some will charge a set-up fee, a leasing fee (approximately a month's rent) and a cleaning fee (about $150-250).

Property managers are helpful, if you can find a good one. If you go this route, I would advise finding one that does this as a business, not a realtor who does it on the side. And I would check references and ask to see some of the properties they manage. I have had good and bad luck with property managers, but if you live 400 miles away, having one will make your life much easier. Good luck!
Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Business
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top