How much does property management cost in Washington?
Below, we summarize the fees we charge. If you find this confusing, or need any assistance, please Contact us. Our team members always available to answer questions for new clients.
If you call around to other property management companies in Washington, you'll will learn that Nesbitt Realty & Management is usually one of the cheapest choices you'll find for management. And, our prices are competive for listing a rental. Although our listing fees are pretty standard, we further discount our listing fees for clients who employ our property management services.
No Hidden Fees
Whenyou try to compare our fees to others in the business, stay on the look-out for hidden fees. Often, other managers claim to have low prices, but when you add in the extra expenses 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 Washington.
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!
Washington Rental Management Resources
Basics
Fundamental information about what management services in Washington.
Getting Started
Learn more about getting started with rental property management
Find A Tenant
Market your property to rent to find a great renter in Washington fast.
Accounting
How does Nesbitt Realty keep track of income and expenses for landlords?
Cost
A breakdown of fees associated with rental management in Washington
Vetting
How Nesbitt Realty checks the backgrounds of tenants for landlords.
Reserves
What is a contingency reserve account?
Territory
Where does Nesbitt Realty manage rentals?
Clients
Who uses Nesbitt Realty management services?
We are a family brokerage that appreciates your business.
Do you want understand more about the community?
Our Guide to Real Estate is a handy resource for everyone who needs to review important real estate information about Washington and nearby communities. The Guide to Real Estate compiles information about what has sold and what is currently listed, as well as some interesting facts that you might not be aware of. Also, our Guide features some elements of living in Washington. Of course, most of this is interesting for buyers and sellers, but rental investors and renters should also find the facts to be quite enlightening.