Comparing property management fees alone won’t be of use in your quest to find the best management company for your needs. Cheaper is not always better, in fact it almost never is.
It is our position however that the “fee” a management company charges is not particularly useful without more information. The ultimate question, and the one that matters most, is how much money will go into the owner’s pocket each year.
Consider a scenario where a property management company charges $100 per month. If that management company then places a tenant paying $2,000 per month, the owner will receive $1,900 per month. If another management company charges $120 per month, but gets a tenant that pays $2,100 per month, the owner will net $1,980 per month.