management company

Started by JoeT1 • 2 replies • 1926 views

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JoeT1 (Georgia)
Posts: 6

Posted:

What is an average amount that a mangement company should charge for a 150 unit condo? (Approximately) I am just currious what the going rate is and I am aware that there are several factors and responsibilities that can change the price,

RogerB (Colorado)
Posts: 5,067

Posted:

Joe, there is no meaningful average amount charged since there can be many variables. The best way for you to determine price is to prepare a RFP listing each specific service desired and get at least three bids from good MCs. Cost depends on a number of factors including number of units, exactly what services are desired, and the profit margin desired by the MC.

JoeT1 (Georgia)
Posts: 6

Posted:

Thanks Roger, I understand about all the variables and I guess it is impossible to nail down a price.

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