Pricing

The full cost of management, on one page.

Every fee in the management agreement is on this page, with the amount and when it's charged. The wording matches the agreement.

Every fee we charge
Fee	Amount	When it's charged
Management	8% of rent collected	Each month rent comes in. No rent, no fee.
Finding a tenant (leasing)	50% of the first month's rent	Once, when a new lease is signed
Lease renewal	[$ or none]	[When]
Setup	[$ or none]	[When]
Eviction coordination	[$ or none]	[When]
[Any other fee in the agreement]	[$]	[When]

Fees we don't charge

[Fees we never charge, confirmed against the final agreement: e.g. repair markups, vacancy fees, inspection fees, technology fees]

Year one: new tenant at $2,000 a month

Management, 12 × $160$1,920

Finding a tenant$1,000

Other fees[pending]

Total$2,920

Share of $24,000 rent12.2%

Year two: the same tenant renews

Management, 12 × $160$1,920

Lease renewal[pending]

Total$1,920

Share of $24,000 rent8.0%

Year two: tenant leaves, one month empty

Management, 11 × $160$1,760

Empty month$0

Finding a new tenant$1,000

Total$2,760

Share of $22,000 rent12.5%

How we find a tenant

[Where homes are listed, how showings work, a link to the written screening criteria, and what happens if a home has not rented in N days]

How repairs work

Repairs under [$X] are handled and shown on your statement with the invoice. Anything over [$X] waits for your approval, with bids and photos attached. The exception is an emergency that puts people or the house at risk: [emergency rule, word for word from the agreement].

[Vendor referral fees: one plain sentence, per Abode's decision]

When you get paid

Rent is paid out on the [10th], with your monthly statement. [Reserve held, if any].

Read the management agreement (PDF)

Want these numbers for your house?

Examples assume rent is collected in full for each month with a tenant, and are for illustration. Totals add any other fees from the table above.