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Property Management Blog

How Much Does Professional Property Management Cost in Charlotte?

When you’re looking for Charlotte property management, you will likely want to consider the cost of hiring a professional. We’re discussing what property managers charge, and what you can expect services to cost. Remember that you need to compare services as well as fees when you’re comparing one management company to another. At TouchPoint Property Management, we provide two different types of services, and that’s pretty standard with most companies in this area.

Tenant Procurement Services

Tenant procurement is the first service that most property managers will provide. This covers finding a great tenant. Your property manager will need to advertise your property and market it widely to the largest pool of potential renters possible. There will also be showings to schedule and applications to process. Property managers will thoroughly screen tenants, conduct a walk-through inspection, and handle the lease and the contracts. The cost for tenant procurement typically costs the equivalent of half a month’s rent, which is often collected out of the first month’s rental payment. 

Charlotte Property Management Services

In addition to tenant procurement, there are the costs associated with ongoing property management. This would include taking care of the property on a regular basis. Your property manager will handle all maintenance needs, as well as inspections, repairs, working with the tenant, and making sure the house and the tenants are okay. There are a number of details involved in ensuring that the rent continues coming in. A good property manager will keep your income high and your expenses low. In the Charlotte area, the general range for a monthly maintenance fee is between 8 and 10 percent of the monthly rent. 

If you have any questions about property management fees in Charlotte, or you’d like to hear about how we can help you with your Charlotte rental property, please contact us at TouchPoint Property Management.