How much does a property manager cost in Alexandria?
Below, we detail the fees we charge. If you need help understanding this, or need more assistance, please Email us. We're always happy to answer questions for new clients.
If you compare prices with other property managers in Alexandria, you'll will find that our little management company is often one of the lease expensive choices you'll find for property management. Also, our prices are competive for listing a rental property. Although our listing fees are pretty standard, we further discount our listing fees for owners 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, other property managers boast about low prices, but when you factor in the additional expenses and start-up expenses, we in actuality 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 Rental Management Resources
Do you want know more about the community?
Our Guide to Real Estate is a helpful tool for everyone who needs to investigate real estate facts about Alexandria and nearby areas. The Guide to Real Estate compiles information regarding what has sold and what is for sale, as well as a couple of interesting facts that you may not be aware of. In addition, our Guide has some aspects of living in Alexandria. As might be expected, all of this is helpful for purchasers and sellers, but landlords and tenants will probably also find these tools to be quite enlightening.