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Updated about 5 years ago on . Most recent reply

Wayne Newland's profile image
Wayne Newland's profile image
Wayne Newland
  • Member since May 16, 2019
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Wayne Newland's profile image
Wayne Newland's profile image
Wayne Newland
  • Member since May 16, 2019
Connect
Wayne Newland
6
Votes |
5
Posts
Real Estate Agent

Property Managers Pay

Wayne Newland
Posted

I am curious how property managers are getting paid under their brokerages? I am thinking of starting a PM division in my brokerage. I would likely charge a 10% fee per property to manage. Is it customary for the manager to get a percentage of this 10% or any other fees collected? Or would the manager get a base salary or hourly fee? How are some of your managers getting paid?

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