Property Managers Pay

[Wayne Newland]

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?