Leasing commission to PM

[David McErlean]

Hi everyone. This question is for people having a property manager handle all leasing and managing. What are you paying for leasing commissions to your property management company? I am from California where 6% is a pretty standard rate. Im looking at property in Florida and the property management company wants the full first months rent (8.3%), plus their 10% on top to manage. I would love some input. Thanks, 

[Shaun Patterson]

It depends on the area and what they are managing but usually its anywhere from 70 to 100 percent of the first months and 7-10% based on the area and whats being managed.