(Effective as of January 1, 2019)
Each individual property is subject to bids. The following fee schedule is a guide line for property owners who are interested in our services:
Property management fee:
- Single family homes or condominium units: minimum $135 per month.
- Small income properties (2-4 unites): 6% of monthly rent income (minimum $245 per month per building).
- Investment properties (5 units and up): 5% of monthly rent income (minimum $455 per month per building).
- Commercial retail or office buildings: Please call for individual bids.
Please call us for a quote on management fee and or leasing commission. Thank you.
Residential leasing commission:
- For 12 month lease term: 6.25% of lease term rent income.
- For lease renewal: 3.25% of renewal lease term rent income.
- For month to month tenancy: 75% of first month rent income.
Commercial leasing commission:
- 5.25% of initial three (3) year lease term rent income and 3.75% of remaining lease term rent income.
- No leasing commission charged for any renewal lease term rent if property is under MIFGroup Inc. management.