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Las Vegas Property Management Las Vegas Real Estate Rentals and Realty - Atlas Group
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RATES & FEES
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Rates
Our rates vary from 5%-15% depending on several factors...
property type, scheduled rents, services requested, location
etc. Below is a generalized estimation of
our rates. They are subject to change without notice and will
vary with other factors taken into consideration that may
or may not be listed here. The average property is usually
managed at a 10% commission. |
| 5% |
Apartment Complexes over 50
units at one location with onsite managers. *** |
| 8% |
Multiple Units 40 or more- Multiple Buildings/Locations. *** |
| 9% |
New Single Family Homes,
Condos, Townhomes for the first year |
| 10% |
Older Single Family Homes, Condos, Townhomes,
Duplex, Tri-Plex, Four-Plex's, smaller Apartment Buildings *** |
| 11%-15% |
Properties that are up for sale through
someone else. Small, single units under $400 per month,
or any property needing special attention. *** |
| *** |
Rates and fees on all property
types are subject to change without notice. Properties
with special conditions, circumstances or needing selective
attention will be charged a higher rate. |
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Fees
Start-Up -We have NO start-up fees.
Renewal -We have NO Annual renewal fees.
1099 - We have no 1099 fees.
Monthly -We only charge our fees based on collected
rents.
Placement -Tenant placement fees will range
from $75.00 - $500.00 with one half of that fee being used to
pay an outside broker, for a referral of a qualified tenant
(should there be one). In addition, we guarantee the placement
of the tenant for up to 1/2 of their lease term. Should the
tenant vacate during the first half of their lease, we would
not charge you again to replace the tenant. Of course there
may be an outside broker involved, or additional advertising
etc. that you would still need to pay.
Advertising -All advertising costs are passed
through to the owner. We attempt to customize each advertising
program to each owners wishes and property type. Some owners
want constant newspaper advertising, while others do not want
any at all. Most owners want some. We have found that serious
tenants look for affordable housing seven days a week, not just
on the weekends. Consequently, we recommend a program of advertising
M-W-F in the second half of the month when more tenants are
"searching". Advertising during the week is cheaper
than on the weekend and concentrating in the 2nd half of the
month reaches more potential tenants per ad displayed. Initial
advertising funds will need to be placed into an Owners account
prior to an ad being placed. Owners are given a copy of the
bill after it is received from the newspaper, and deductions
are made from the funds in their respective accounts. Owners
can place the ads themselves, however, the Nevada Real Estate
Division requires that our name and phone number be placed in
the ad. Otherwise it could be conceived as "bait and switch".
Some tenants, because of their rental history, do not want to
deal with a property management company. They know their only
chance at getting a property is through an individual that probably
does not have the resources to research their history or is
out of state and would have trouble evicting them. We attempt
to use free advertising when possible. When a generic ad that
covers several properties can be used those charges are shared
by all of the vacant properties to which the ad applies.
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Repairs - New Property
On occasion, an owner will call us and need our office to manage,
handle, and complete thousands of dollars in repairs and clean-up
of a property BEFORE we ever manage it, or
make it available for the first time to the renting public.
In this specific instance we charge 15% of the repairs made
for handling these repairs. |
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