Legacy Rose Company provides full-service property management for a percentage of all rental receipts collected each month. Here’s how it works:

• Rent Collection: We collect rent at the beginning of the month and deduct our management fee before sending you the payment.
• Management Fee:Long-term Rentals: 9% of all rent collected.
  Furnished Rentals (Airbnb, Mid-term Rentals): 15% of all rent collected.
  
• Discounts: Management fee discounts are available for property owners with multiple properties.

The following services are included in the monthly management fee:

• 24-hour emergency contact resource.
• Legacy Rose Company staff available to receive tenant calls.
• Professional representation as landlord.
• Maintenance of security deposit trust account.
• Proper handling and distribution of security deposit trust funds.
• Monthly income/expense reports for property owners.
• Proper accounting of maintenance expenses and records.
• Scheduling, supervision, and accounting of maintenance staff work.
• Periodic property inspections throughout the lease term.
• Collection and distribution of rental proceeds.

We charge a leasing fee for vacant or occupied properties that need to be marketed for a new tenant.

• Leasing Fee: 60% of the first month's rent, capped at $2,000.Example: If your property rents for $2,000/month, our leasing fee will be $1,200.
  

The leasing fee covers the following services:

• Professional and aggressive marketing of your property across dozens of industry-leading websites and pay-service media outlets.
• Licensed real estate brokers to show your property.
• Rental Comparative Market Analysis.
• Processing criminal, credit, and eviction background checks on all applicants.
• Showing service cost.
• Pre-move-in tenant inspection and documentation.
• Weekly feedback showing reports.
• Rent payment schedule with tenants.
• Execution of lease agreements and other paperwork to protect the landlord’s interest.
• Professional consultation with tenants to ensure they understand all aspects of the lease and payment policies.
• Professional signage and photography.

Payment Options: Leasing fees can be paid upfront or deducted from the first month’s rent paid by the tenant.

Lease Renewals: We charge 40% of the first month's rent on lease renewals.