Hello.
Robert Bruss, a Bay Area real estate attorney and real estate broker,
writes a column that appears in the S.F. Chronicle. He is considered
an authority on real estate matters.
Bruss has stated that 10 to 15 percent is a typical property
management fee for a single family rental house.
From the S.F. Chronicle:
"Q. You recently said professional property managers typically charge
10 to 15 percent of the gross rent to manage a rental house...
A. ...
...Unless the rental department is a loss leader, it is difficult for
a brokerage to provide quality service to the landlord for a fee of
less than 10 to 15 percent of gross annual rent for a single-family
rental house."
source:
Robert Bruss, San Francisco Chronicle, 11/10/2002
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2002/11/10/RE1427326.DTL
Thus, 10-15 percent of $2000 would be $200-$300.
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More about Robert Bruss:
http://www.bobbruss.com
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search strategy:
sf chronicle archive terms:
bruss, property, managers, fee
I hope this helps. |