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Property Management Fees and Pricing

Every day your property is not leased, you lose money. Thousands of homeowners and investors trust us to manage their rental property and to maximize the return on their investment. To them, the cost of property management is worth the price. We help property owners get market rent, avoid common mistakes and place quality tenants faster.

Our pricing is competitive with property managers in the area, however with us, you benefit from the added value of 30+ years of property management experience from the nation’s leading property management company.  We are professional and trustworthy ensuring our owners and residents are satisfied.  In addition, we make sure our clients know what to expect up front, with no hidden fees or surprises. Our customers value the services we provide, for a fair price.

Through the years that we have been in business, we understand that the needs and goals of each owner and property are different. Since we have many different packages with various options, we ask that you call and talk with us about your particular needs for property management. Together, we will figure out which property management package will most likely fit your specific needs and budget.

Our packages range from a simple Resident Placement Plan to Full-Service Property Management:

Resident Placement

The Resident Placement Plan starts with the completion a detailed analysis of your property which we use to determine the maximum market rental rate for your home. We will then assist with any make-ready maintenance work (if necessary), take professional photographs, advertise your property, take calls and answer inquiries, show your property to interested prospects, qualify applicants, draft the lease, set resident expectations, and complete move-in documentation.

If your home is already occupied by residents not placed through Real Property Management Diamond, you find your own resident, or you hire your own outside agent to place a resident and you want us to take over with a lease already in place, there is no resident placement fee charged.

Full-Service Property Management Fee 

This is the fee charged for the day-to-day operations of your rental property. Items typically covered by the property management free include rent collection, maintenance coordination, lease enforcement, and resident relations. The standard fee for this service in our market is approximately 10-15% of the monthly rent.

Full-Service Property Management Packages 

If you’re tired of the headaches that come with managing your rental property, we’ve got it handled. At Real Property Management Diamond, we realize that one size does not fit all when it comes to the needs of each individual property.  Each package provides services and guarantees above and beyond the standard for property management in Delaware. 

Our management plans are designed to handle the stress of residents, maintenance, and liability. 

 

Items typically covered by our Standard Full-Service Property Management Agreement include:

 

If your needs are better served with a higher level of service, our Enhanced Full-Service Property Management Agreement includes the following services:

For the ultimate in Full-Service Property Management, consider our Premier Management Agreement. In addition to all the services included in the Enhanced Services Agreement, the Premier Full-Service Property Management Agreement adds the following:

Standard

Rent Collection 

Maintenance Coordination 

Online Access (Owners/Residents) 

24/7 Emergency Response 

Monthly Accounting 

Move In/Move Out Recording 

Year End Income/Expense Documents 

Resident Liability Insurance 

Annual Maintenance Inspection ($299 value) 

Enhanced

Rent Collection

Maintenance Coordination

Online Access (Owners/Residents)

24/7 Emergency Response

Monthly Accounting

Move In/Move Out Recording

Year End Income/Expense Documents

Resident Liability Insurance

Semi Annual Maintenance Inspection 

180 Day Resident Replacement Guarantee 

Rented in 29 Days or Less Guarantee 

HVAC Filter Replacement Guarantee 

Premier

Includes all Enhanced Services

PLUS Rent Default Insurance 

If Resident..

-Stops paying rent and are evicted from the
rental unit

-Abandons rental unit and disappears
-Breaks up with significant other and
breaks the lease

-Loses job and can’t afford rent
-Dies and no one is left to pay rent
-Is called for military service and has to
break the lease

Rent is covered for up to 3 months*
(*Resident qualifications apply)

Additional Services

To minimize your risk and give you peace of mind, we also offer the following guarantees:

 Rented in 29 Days Guarantee

We are a dedicated partner in your corner and understand how important a quick turnaround time is to you and your bottom line. If we don’t rent your property in 29 days or less, you do not pay a management fee for the first month. With our marketing plan and world-class client management system, we’re confident we can lease your property quickly and get the rent coming in.

Our 29-day guarantee is included for no additional cost in the Enhanced and Premier Packages.

 Periodic Maintenance Inspections

We stand behind our commitment to simplifying property ownership and making sure your property is maintained properly, that is why we perform periodic maintenance inspections for only $299. We inspect the property both inside and out to ensure resident compliance and assess property condition. Our Basic plan includes an annual inspection while our Enhanced and Premier clients are placed on a semi-annual schedule.

 Resident Replacement Guarantee

If Real Property Management Diamond places a resident and the resident vacates the property within the first 180 days, we will find you a new qualified resident for FREE. We guarantee it!

 HVAC Filter Replacement Guarantee

Starting with each lease renewal or new resident, we will directly mail each resident all the appropriate A/C filters for their rental unit. The filter delivery will include instructions on how to change the filter(s) as well as an expiration date(s) printed on the filters to put us in a position to hold them accountable upon inspections! The filters will be shipped out every 3 months directly to the residents. We’ve removed the “forgetting” and the hassle of buying filters. Our unique solution averages a 450% increase in resident filter-replacement compliance and up to a 30% annual reduction in HVAC related issues.

Our HVAC filter replacement guarantee is included for no additional cost in the Enhanced and Premier Plans.

 SureVestor– Scheer Ultimate Landlord Protection

As a landlord, you want to protect yourself against the loss of malicious damage sustained to your property, loss of rent, and eviction costs. However, there has never been a single or specifically tailored insurance product available to protect you until now. With Scheer Ultimate Landlord Protection by SureVestor, you can help protect your financial future for your family, keep your property, grow your assets, and sleep well at night knowing that you and your investment are protected.

*Ultimate landlord protection is available for our Premier clients only.