What is the typical fee charged by property manager while rental is vacant?

[Christian Gibbs]

Hello BP forum!

 We are paying $500 a month  for a property manager but it's been two months or more and the house is still not ready for rental.

When a house/ property is vacant what is the normal negotiation for most property managers? 

 If they are on a percentage based agreement do they still collect a percentage of $0?
Or is a flat fee charged to help get the house ready  for tenants?

We were desperate to get the house cleaned and ready for tenants and hired our PM with hopes that this would be resolved much quicker.

To their credit they have had good communication with us and have hired the last exterminator that got the job done. So far we've spent $1850 on two different exterminators combined but at least the house can begin to get worked on.

I am used to working at a faster pace and hiring contractors to get things done.

Every time we have a phone meeting , something that was supposed to be done last week is still not done. Like replacing the doors/ locks, etc. and  its getting frustrating.

Whenever I articulate my frustrations to my wife it causes friction within our relationship 

I want to get this house rented asap but I wanted to get a barometer to see if perhaps my expectations are a bit unrealistic , especially with consideration that no one could get in the house due to the fleas until recently.

This is our first time working with a property manager so any tips would be greatly appreciated on how to proceed moving forward.. 

thank you!

Chris 

[Adam Bartomeo]

Normally, this fee is added when it is a flat fee service, or the owner is difficult to work with on pricing.

Working with contractors is a difficult task filled with frustrations and missing timelines. We moved a lot of the work inhouse to have full control of the timelines. If one is not accustomed to working with contractors, then your expectations are probably unrealistic. I grew up in the industry and still have a hard time with holding contractors accountable.