These are two different things; Lesse Fee is for procuring a tenant, the Management fee is for managing the property.

How about everyone provides their recommendation on books, blogs and podcasts and related material and then we use our local libraries and the net to procure them.I recently read Flipping houses for dummies by  Ralph Roberts and liked it very much. 

There is also a TAA lease that can be used if you are a member of the Texas Apartment Association and you do not have to own apartmentsThe state(Texas Real Estate Commission) does not procure a lease agreementThe general public can do whatever they want to do.

It reads:In addition to any leasing, management or other fee payable hereunder, a sales fee equal to 6 percent if the Property is sold during the lease term or up to 180 days following the expiration of the lease term, to a purchaser procured by Agent, or to any entity affiliated with, controlled by or under joint ownership or control with such Owner or any of its owners or principals.How many of you have come across this clause before?

I might also agree to a clause that says the agent is due a commission if I purchase a property where he was the "Procuring Cause" for 60 days after the agreement ends. 

@Steve Vaughan The interesting point about your stance of "I reserve the right to retain an agent..." is that the seller's agent would be under no obligation to pay your buyer's agent a commission as he was not the "procuring cause" of the transaction.A sharp buyer's agent will know that.A not-so-sharp buyer's agent will squeal like a stuck pig when they don't get paid, but if they try to go to arbitration or their local Realtor board, they'll lose.

I work in facilities management for JLL in Procurement so I have an understanding of how to manage labor/material costs.  

(architects call this phase procurement or bidding and negotiation)What is the biggest value that your firm brings to my project?

It's what is called the procuring cause.If it came down to arbitration and the listing agent won, you would have to pay your friend out of your pocket or your friend would be out of luck.Best case scenario:The listing agent says nothing more about the topic, your friend submits the offer and everyone moves forward.

You also have the options to procure hard money (probably not the cheapest option but they don't have as many regulations and requirements) and non-traditional funds.