Explanation
Often plus a leasing fee (50–100% of one month's rent) when placing a new tenant.
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Real Estate Term
Property Management Fee
Compensation paid to a third-party manager, usually 8–10% of collected rent.
Real Estate Term
Compensation paid to a third-party manager, usually 8–10% of collected rent.
Often plus a leasing fee (50–100% of one month's rent) when placing a new tenant.