Most property managers charge a percentage of the rent each month, so their fee rises whenever your rent does. A flat fee stays the same. At a 8% rate, a flat $165 a month is cheaper for any home renting above about $2,063 a month. Enter the percentage and leasing fee you have been quoted to see the yearly difference at your rent.
| Per year | Percentage quote | RNB (Rocklin) |
|---|---|---|
| Management | $2,496 | $1,980 |
| Leasing (spread over the stay) | $1,300 | $650 |
| Total | $3,796 | $2,630 |
Example: a $2,600/month home quoted 8% management and a full month to lease costs about $3,796 a year; RNB's Rocklin office would charge about $2,630.
A percentage fee is cheaper only below the break-even rent, which is the flat fee divided by the percentage. Above it, every rent increase also increases a percentage fee, while a flat fee stays put.
Management at RNB's Rocklin office is a flat $165 per month, with no hidden fees. Management at RNB's Elk Grove office is a flat $165 per month, with no hidden fees. Management at RNB's Davis office is a flat $165 per month, with no hidden fees. Management at RNB's Golden Gate (Sausalito) office is 6% of gross rent for homes renting under $7,500 per month, or 5% at $7,500 and above, with a $165 per month minimum and no hidden fees.
RNB fees from the published fee schedule for each office. See services and fees. More landlord tools.