Special Services
Your management fee covers the work of running the property. Some work sits outside it. Here is what your fee already includes, and what the special services typically cost.
Your management fee
These services are covered by your monthly management fee, taken directly from your Property Management Agreement. The section each one comes from is noted beneath it.
Marketing and advertising the vacancy, showings, tenant screening and credit checks, and preparing, executing and renewing leases as your exclusive leasing agent.
PMA 2.01–2.03Day-to-day tenant communication, serving notices, and taking action to recover possession or unpaid rent when a tenant breaches the lease.
PMA 2.04Collecting rent and other property income, holding funds in a designated broker trust account, maintaining the contingency reserve, and disbursing to you.
PMA 5.01–5.04Keeping the property in good, clean and sanitary condition and repaired as necessary, including emergency repairs where there is imminent danger or a service would otherwise be suspended.
PMA 3.01Sourcing and dispatching the vendors who service your property, and contracting on your behalf for the services and utilities the property needs to operate.
PMA 3.02Complete and separate property records, a monthly income and expense report, and the rent roll and cash disbursements journal on request.
PMA 6.01–6.02Investigating every accident, damage claim and loss, reporting to you in detail within ten days with estimated repair costs, and preparing the insurer's required reports for your approval.
PMA 10.01Referring any matter needing legal or accounting expertise to the professional you designate, and forwarding every tax assessment notice we receive.
PMA 3.03–3.04Where the property carries an onsite office or resident manager, hiring, supervising and scheduling that staff.
PMA 4.01–4.02Outside your management fee
These are the services we charge for separately. Every one of them requires a written authorization signed in advance, and you receive a written estimate before any work begins.
The figures below are examples, not quotes. Prices vary depending on the size of the property, the scope of the work required, and the conditions we find. Your property manager will give you a firm number in writing before anything starts.
Nothing on this page is charged without your written approval first.
Subject to management fee
Work that runs as a project on the property is billed under your management agreement. The fee is confirmed in writing before the project begins.
$80 per hour
For work with no project cost to price against. One-hour minimum, billed from arrival in fifteen-minute increments after that.
$60 per trip
A single visit to post a notice or attend to something outside our scope. One trip fee regardless of the number of units at the property.
Work that runs as a project on the property, from the building shell and the systems inside it to restoration, code work and legal matters. All of it is billed under your management agreement.
Work you did not choose. Insurance claims and damage, state bills, city ordinances, and carrier inspections you have to satisfy to stay insured.
Everything a sale, a refinance, or a transfer asks of the property while tenants are still living in it.
When a tenancy ends badly and the process moves outside normal lease enforcement.
Questions about a specific project? Your property manager can walk you through the scope and give you a written estimate before anything starts.
619-296-3189 · frontdesk@engproperties.com