How much does rental management cost in Boston?
Below, we spell out the fees we charge. If you need help with this chart, or need further assistance, please Reach out to us. Our property managers always ready to answer questions for curious clients.
If you compare prices with other property managers in Boston, you'll will learn that Nesbitt Realty & Management is often one of the lease expensive choices you'll find for rental management. At the same time, our prices are pretty standard for marketing a rental property. However, we further discount our listing fees for owners who employ our rental management services.
No Hidden Fees
If you try to compare our fees to other rental managers, take care to watch for hidden fees. Often, other managers claim to have low prices, but when you add in the additional fees and start-up fees, we actually are the less expensive option.
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Questions? Call us at (703)765-0300
We will match or beat any published price in Boston.
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!
Boston Property Management Resources
Basics
Basic information regarding management services in Boston.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a reliable tenant in Boston fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for real estate investors?
Cost
A breakdown of prices of rental management services in Boston
Vetting
How Nesbitt Realty checks the backgrounds of renters for our clients.
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 business that appreciates your business.
Should you understand more about this area?
Nesbitt Realty's Guide to Real Estate is a helpful tool for everyone who needs to find out more about Boston and nearby communities. The Guide to Real Estate includes information regarding what has sold and what is currently listed, and a few compelling facts that you might not know. In addition, our Guide highlights some aspects of residing in Boston. Of course, all of this is helpful for purchasers and sellers, but property owners and tenants will likely also find these tools to be quite informative.