How much does property management cost in Northern Virginia?
Below, we spell out the fees we charge. If you need help understanding this, or need any assistance, please Call us. Our team members always eager to answer questions for curious clients.
If you compare prices with other property management companies in Northern Virginia, you'll will learn that Nesbitt Realty & Management is typically one of the lease expensive choices you'll find for property management. And, our prices are typical for listing a rental property. However, we further discount our listing fees for landlords that use our rental management services.
No Hidden Fees
If you try to compare our fees to others, take care to watch for hidden fees. Often, the competition boast about low prices, but when you factor in the hidden fees and start-up expenses, we actually are the less expensive option.
We will match or beat any published price in Northern Virginia.
Professional Photography - Includes a floorplan and 3-D virtual tour that allows prospective tenants to tour the property remotely.
Signage - For rent sign installed at your property (where allowed)
Showing - We show the property to qualified prospective tenants.
Prepare the Lease - The lease is written by Realtor association staff attorneys and your agent fills in relevant details.
Collect Funds - We collect funds for security deposit, initial rent and background fees.
Exposure - We put the property on hundreds of websites, and the Multiple Listing Service which makes it available to every Realtor in Northern Virginia.
Lowest Price Guarantee - If price is your primary concern, we can eliminate the professional photography to discount the listing fee down to 1/2 of one month rent. Our agents take pretty good photos with today's mobile phones, but this will not include a 3-D virtual tour.
Save 1/4 of one month rent on any listing services
Move-in and Move-out Inspections - We document the property condition with a bank of photos and take the same photos at tenant move-out.
Financial Reports - monthly reports, end of year statements, 1099 for property income
Tenant Management - We handle all communications with the tenant to provide a level of separation.
Maintenance Administration - Within guidelines established by the landlord, we dispatch and manage handymen and maintenance people
Experience - We see the same problems over and over and we know the best solutions.
Everything included with standard professional rental management services
Safety Net - Nesbitt Realty will guarantee the tenant's rent for 1 full year. If the tenant is late, Nesbitt Realty will make a timely payment. If the tenant defaults, Nesbitt Realty will pay up to 1 month of rent to cover the landlord's losses.
Tenant Damage Protection - When tenant damages exceed funds in the security deposit, Nesbitt Realty will cover an additional 25% of a month's rent for repairs.
All prices include discount incentives. Some of these incentives can be waived, but the discounts will no longer apply to the price.
Listing Fee Discount - Published price includes a discount equal to 25% of 1 month's rent for using our property management services.
Additional Listing Discount - Pricing can be discounted another 25% of 1 month's rent if we do not use professional photography. Minimum fee is $1000
Management Fee Discount - Published prices includes a discount for a 2 year management agreement and an additional discount for listing the property with Nesbitt Realty when/if you sell. All agreements include an early termination provision and landlords are never required to sell property. Minimum monthly fee is $85.
If you own 3 or more rental properties, ask about our volume pricing!
Northern Virginia Property Management Resources
Should you understand more about the area?
Nesbitt Realty's Guide to Real Estate is a free resource for anyone who hopes to learn more about Northern Virginia and nearby areas. The Guide to Real Estate includes facts about what has sold and what is for sale, as well as a couple of compelling facts that you may not know. And, our Guide spotlights many of the fundamentals of life in Northern Virginia. As might be expected, all of this is interesting for buyers and sellers, but owners and renters will probably also find the facts to be somewhat sobering.