Property Management Pricing
Apartment Buildings
- 1 broker of record (20+ years of experience) for each property located within our licensing footprint*
- State-specific regulatory compliance guidance
- State-specific regulatory compliance change alerts
- Compliance assessments
- Audit defense assistance
- Violation defense assistance
- Payable monthly
- Cancel any time
- Email/phone/text access
- 24-7 support, responses typically within 1 hour
Monthly Fee: $225.00 per building (50-250 units)
Single & Multi Family (<4 units)
- 1 broker of record (20+ years of experience) for each property located within our licensing footprint*
- State-specific regulatory compliance guidance
- State-specific regulatory compliance change alerts
- Compliance assessments
- Audit defense assistance
- Violation defense assistance
- Payable monthly
- Cancel any time
- Email/phone/text access
- 24-7 support, responses typically within 1 hour
Monthly Fee: See pricing schedule in table below.
Other Potential Items | Price |
Activation Fee - This is a one-time, upfront fee per property or state, depending on the BSA structure. This fee is charged to engage our services, answer your questions, research the requirements for the applicable state, review your Account Setup items, review any other items needed to prepare the firm application, and work with any service providers (e.g. insurance companies, banks, etc.) related to the BSA. | Apartment Buildings: Varies, but typically $250.00 - $500.00
Single & Multi-Family Properties: Varies, contact us. |
Apartment Buildings (5-49 units) Monthly Pricing - This is a monthly fee for engaging our services during the term of the BSA, regardless of firm status. | Varies, contact us for pricing. |
Apartment Buildings (251+ units) Monthly Pricing - This is a monthly fee for engaging our services during the term of the BSA, regardless of firm status. | Varies, contact us for pricing. |
Single & Multi Family (<4 units) Monthly Pricing - This is a monthly fee for engaging our services during the term of the BSA, regardless of firm status. | $250/month for 0 SF/MF properties (Dormancy Rate)
$500/month for 1-50 SF/MF properties$750/month for 51-100 SF/MF properties$1,000/month for 101-150 SF/MF properties$1,250/month for 151-200 SF/MF properties$1,500/month for 201-250 SF/MF properties$1,750/month for 251-300 SF/MF properties
$2,000/month for 301-350 SF/MF properties
$2,250/month for 351-400 SF/MF properties
$2,500/month for 401-450 SF/MF properties
$2,750/month for 451-500 SF/MF properties
$3,000/month for 501-550 SF/MF properties
$3,250/month for 551-600 SF/MF properties
$3,500/month for 601-650 SF/MF properties
$3,750/month for 651-700 SF/MF properties
$4,000/month for 701-750 SF/MF properties |
Dormancy Status - If you are new to property management and you are not managing any properties yet, a reduced rate applies instead of the standard annual or monthly rate. In order to market property management services a broker of record is required. | Varies, contact us for pricing. |
Real Estate Firms - If you need to license a real estate firm and want us to serve as the Broker of Record, an additional fee applies for each state or firm. This fee is charged for us to prepare the firm application. | $1,500.00 |
Real Estate Firm Application Fee Reimbursement - If we prepare a firm application, this is the fee that the applicable real estate commission charges to review the firm application once submitted. | Varies |
Higher Risk Affiliations - If the affiliation presents unique risk factors, a higher fee may apply. Such risk factors may include; company's reputation, company's business model, property's online reviews, number of units, property types being managed, property state, or any other factor that may increase our legal or regulatory risk. | Varies |
Time-Intensive Affiliations - While not common, if the affiliation results in a greater demand on our time, a higher fee may apply. Such additional time factors may include; oversight requirement, transactional review, customer document reviews, contract changes requested by customer, and/or any other factors that could increase our time requirement during the affiliation. | Varies |
*Subject to state laws and locations where we offer certain services.
Need a Broker of Record?
Send us an email with your questions. We'll get back to you within 1 hour.
info@mybrokerofrecord.com