How much does a property manager cost in Springfield?
Below, we detail the fees we charge. If you find this confusing, or need any assistance, please Call us. We're always eager to answer questions for curious clients.
If you compare prices with other rental managers in Springfield, you'll will learn that our small family-business is often one of the cheapest choices you'll find for property management. Also, our prices are competive for listing a rental. Although our listing fees are pretty standard, we further discount our listing fees for owners that use our property management services.
No Hidden Fees
If you try to compare our prices to other rental managers, stay on the look-out for hidden fees. Many of our competitors claim to have low prices, but when you factor in the hidden fees and start-up fees, we actually are not as expensive as others.
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Questions? Call us at (703)765-0300
We will match or beat any published price in Springfield.
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.
Discounted Pricing
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!
Springfield Rental Management Resources
Basics
Basic information regarding rental managment in Springfield.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
List your property to rent to find a reliable renter in Springfield fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management in Springfield
Vetting
How Nesbitt Realty checks the backgrounds of renters for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
Nesbitt Realty is a family real estate brokerage that appreciates your business.
Should you understand more about our community?
Our Guide to Real Estate is a handy tool for anyone who hopes to find out more about Springfield and nearby areas. The Guide to Real Estate compiles information regarding what has sold and what is on the market, and a couple of interesting facts that you may not be aware of. Not to mention, our Guide highlights many of the fundamentals of living in Springfield. Certainly, most of this is useful for purchasers and sellers, but rental investors and renters will also find the facts to be quite enlightening.