How much does property management cost in Alexandria?
Below, we summarize the fees we charge. If you need help understanding this, or need more assistance, please Reach out to us. We're always eager to answer questions for new clients.
If you call around to other rental managers in Alexandria, you'll will learn that our small family-business is usually one of the most competitively priced options you'll find for property management. At the same time, our prices are typical for listing a property to rent. However, we further discount our listing fees for clients who employ our property management services.
No Hidden Fees
If you try to compare our prices to others in the business, make sure you look for hidden fees. Often, the competition boast about low prices, but when you factor in the hidden expenses and start-up fees, we really do are the less expensive option.
We will match or beat any published price in Alexandria.
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!
Alexandria Property Management Resources
Nesbitt Realty is a family-run real estate business that appreciates your patronage.
Do you need know more about our area?
Nesbitt Realty's Guide to Real Estate is a free resource for everyone who needs to investigate real estate facts about Alexandria and surrounding communities. The Guide to Real Estate compiles facts regarding what has sold and what is currently listed, as well as a couple of interesting facts that you might not be aware of. Furthermore, our Guide has many of the assets of residing in Alexandria. Of course, all of this is useful for buyers and sellers, but property owners and renters may also find these tools to be very edifying.