Midterm Property Management Fee Structure

[Sophia Bahena]

Hi everyone, for typical longterm property management a lease out fee is usually half a month to a month that the PM gets to keep once they lease out the vacant property, how does this translate in the midterm property management...say when renting a house to traveling nurses that would stay 3 to 6 months at a time. Should a property management company be charging any sort of leasing fee? TIA

[Stephanie Walker]

I think it depends on the management company. We manage MTR properties throughout NC and SC. I don't charge a lease out fee or any upfront fees. However, there are many that do. I would shop around and make sure the company you choose specializes in MTR.