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The most common amount charged by Realtors is one month rent,but this rate is not set in stone. In Washington,DC,for example,one real estate company reported charging anywhere from25% to 50% of one month rent. A Realtor in San Diego said most agents are paid by the owner of the rental property.

People also ask


  • How much can a real estate agent charge for letting fees?

  • The maximum letting fee that a real estate agent can charge you for managing your rental property depends on the length of the tenancy agreement. If an agent has charged you a letting fee (according to the table above), they may then charge commission of: ?7.5% of rent collected from then on.

  • How much does it cost to manage a rental property?

  • Property management fee breakdown. Rental property management fees can vary quite heavily from one property management company to the next. Here is a breakdown of property management fees you should expect to pay: Setup fee. This typically runs up to $300 and covers the time involved with setting up a new account. New tenant fee.

  • How much should you charge for rent?

  • Learn how to determine rental price, keep track of the rental value of your home and the best ways to collect rent. To determine how much rent to charge a tenant, many landlords use the 1% rule ?which suggests charging 1% of the home value for rent. For example, a home valued at $220,000 would rent for $2,200 per month.

  • What are the different types of fees in a rental property?

  • 1 Setup fee. This typically runs up to $300 and covers the time involved with setting up a new account. 2 New tenant fee. … 3 Advertising fee. … 4 Lease renewal fee. … 5 Vacancy fee. … 6 Reserve fund fee. … 7 Maintenance fee. … 8 Eviction fee. … 9 Unpaid property management fee. … 10 Late service payment fee. … More items…