Plain-English explanation
Typically 50-100% of first month's rent. Aligns PM incentive to retention.
Examples
- $1,200 rent × 75% = $900 leasing fee.
Common mistakes
- Not negotiating leasing fee structure.
Related questions
Advertisement
Portfolio Building
One-time fee charged by property managers for placing a new tenant.
Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice
Typically 50-100% of first month's rent. Aligns PM incentive to retention.