Property Management Tiered Pricing
Stevens Realty
Pricing Matrix
All pricing packages will feature the same core elements. However, each package can be customized with additional services to meet your goals while staying within budget.
SILVER
As low as $60 per unit
- Monthly Property Management Per Unit
(Base Fee: $60 per unit)
Property management is a number of services that
have to happen at various times of the lease
cycle. Start enjoying the benefits of rental
income without all the headaches of being a
landlord.
1-5 Units - 7.50% or $60/unit
6-10 Units - 7% or $60/unit
11+ Units - 6% or $60/unit - Initial Set up Once you sign our Management Agreement, we’ll start the onboarding process right away to get you and your property, vacant or occupied, set up in our system. A preliminary property inspection will also be conducted to document the condition of the property during the takeover.
1-5 Units - $150
6-10 Units - $125
11+ Units - $100 - Tenant Placement Finding the right tenant is the number one priority to landlords. That is why our extensive screening process allows us to find the perfect match for your property. Finding a good client upfront saves us both a lot of headaches on the back end.
$150Cookeville, McMinnville, Lawton / $275Chattanooga, Nashville, Knoxville - Section 8 Tenant Placement Fee
$175Cookeville, McMinnville, Lawton / $300Chattanooga, Nashville, Knoxville - Lease Renewal 90 days before the expiration of the lease, a property inspection will be conducted to ensure that the property is being well maintained before renewal is considered. We will then do a rental market analysis for your property and adjust the rental rates accordingly. Our goal is to keep you educated on the market so you can make the right choices for your investment.
$125Cookeville, McMinnville, Lawton / $255Chattanooga, Nashville, Knoxville - Section 8 Lease Renewal
$150Cookeville, McMinnville, Lawton / $250Chattanooga, Nashville, Knoxville - Year-End Tax Reporting The Internal Revenue Service wants to know how much we remit to our clients each year.IRS regulations require rental agents and property management companies to file a 1099-MISC information return each year reporting the net amount paid to each client.
$100
- Regular Property & Inspections Reporting
$75 - Utility Management
(Included) - Oversee Insurance Claim
per Occurrence
$125 - Oversee Tenant Maintenance request
(Included) - Oversee Tenant Eviction
$175 - Home Improvement Project Management
(Varies) - HVAC Filter Replacement
(Included) - Pet Protection Program
(Included) - 28-days Tenant Placement Guarantee
(Included) - 6 Months Leasing Guarantee
(Included) - Property Manager Service
$75 per hour
- ADDITIONAL SERVICES
Owner Protection Plan
$70/month- Eviction Assurance
$25/month - Damage Assurance
$25/month - Rental Protection
$25/month - HOME IMPROVEMENT
-
Low End
$5,001 - $10,000 ($1,000)
$10,001 and above ($2,000)
High End
$5,001 - $10,000 ($1,500)
$10,001 and above ($3,000)
GOLD
As low as $60 per unit
- Monthly Property Management Per Unit
(Base Fee: $60 per unit)
Property management is a number of services that
have to happen at various times of the lease
cycle. Start enjoying the benefits of rental
income without all the headaches of being a
landlord.
1-5 Units - 8.90% or $60/unit
6-10 Units - 7.90% or $60/unit
11+ Units - 6.90% or $60/unit - Initial Set up Once you sign our Management Agreement, we’ll start the onboarding process right away to get you and your property, vacant or occupied, set up in our system. A preliminary property inspection will also be conducted to document the condition of the property during the takeover.
1-5 Units - $150
6-10 Units - $125
11+ Units - $100 - Tenant Placement Finding the right tenant is the number one priority to landlords. That is why our extensive screening process allows us to find the perfect match for your property. Finding a good client upfront saves us both a lot of headaches on the back end.
$125Cookeville, McMinnville, Lawton / $225Chattanooga, Nashville, Knoxville - Section 8 Tenant Placement Fee
$150Cookeville, McMinnville, Lawton / $250Chattanooga, Nashville, Knoxville - Lease Renewal 90 days before the expiration of the lease, a property inspection will be conducted to ensure that the property is being well maintained before renewal is considered. We will then do a rental market analysis for your property and adjust the rental rates accordingly. Our goal is to keep you educated on the market so you can make the right choices for your investment.
$125Cookeville, McMinnville, Lawton / $255Chattanooga, Nashville, Knoxville - Section 8 Lease Renewal
$150Cookeville, McMinnville, Lawton / $250Chattanooga, Nashville, Knoxville - Year-End Tax Reporting The Internal Revenue Service wants to know how much we remit to our clients each year.IRS regulations require rental agents and property management companies to file a 1099-MISC information return each year reporting the net amount paid to each client.
$100
- Regular Property & Inspections Reporting
$75 - Utility Management
(Included) - Oversee Insurance Claim
per Occurrence
$75 - Oversee Tenant Maintenance request
(Included) - Oversee Tenant Eviction
$125 - Home Improvement Project Management
(Varies) - HVAC Filter Replacement
(Included) - Pet Protection Program
(Included) - 28-days Tenant Placement Guarantee
(Included) - 6 Months Leasing Guarantee
(Included) - Property Manager Service
$75 per hour
- ADDITIONAL SERVICES
Owner Protection Plan
$40/month- Eviction Assurance
$15/month - Damage Assurance
$15/month - Rental Protection
$15/month - HOME IMPROVEMENT
-
Low End
$5,001 - $10,000 ($750)
$10,001 and above ($1,500)
High End
$5,001 - $10,000 ($1,000)
$10,001 and above ($2,000)
PLATINUM
As low as $60 per unit
- Monthly Property Management Per Unit
(Base Fee: $60 per unit)
Property management is a number of services that
have to happen at various times of the lease
cycle. Start enjoying the benefits of rental
income without all the headaches of being a
landlord.
1-5 Units - 11.90% or $60/unit
6-10 Units - 10.90% or $60/unit
11+ Units - 9.90% or $60/unit - Initial Set up Once you sign our Management Agreement, we’ll start the onboarding process right away to get you and your property, vacant or occupied, set up in our system. A preliminary property inspection will also be conducted to document the condition of the property during the takeover.
1-5 Units - $150
6-10 Units - $125
11+ Units - $100 - Tenant Placement Finding the right tenant is the number one priority to landlords. That is why our extensive screening process allows us to find the perfect match for your property. Finding a good client upfront saves us both a lot of headaches on the back end.
$100Cookeville, McMinnville, Lawton / $175Chattanooga, Nashville, Knoxville - Section 8 Tenant Placement Fee
$125Cookeville, McMinnville, Lawton / $200Chattanooga, Nashville, Knoxville - Lease Renewal 90 days before the expiration of the lease, a property inspection will be conducted to ensure that the property is being well maintained before renewal is considered. We will then do a rental market analysis for your property and adjust the rental rates accordingly. Our goal is to keep you educated on the market so you can make the right choices for your investment.
$125Cookeville, McMinnville, Lawton / $255Chattanooga, Nashville, Knoxville - Section 8 Lease Renewal
$150Cookeville, McMinnville, Lawton / $250Chattanooga, Nashville, Knoxville - Year-End Tax Reporting The Internal Revenue Service wants to know how much we remit to our clients each year.IRS regulations require rental agents and property management companies to file a 1099-MISC information return each year reporting the net amount paid to each client.
(Included)
- Regular Property & Inspections Reporting
$75 - Utility Management
(Included) - Oversee Insurance Claim
per Occurrence
(Included) - Oversee Tenant Maintenance request
(Included) - Oversee Tenant Eviction
(Included) - Home Improvement Project Management
(Varies) - HVAC Filter Replacement
(Included) - Pet Protection Program
(Included) - 28-days Tenant Placement Guarantee
(Included) - 6 Months Leasing Guarantee
(Included) - Property Manager Service
$75 per hour
- ADDITIONAL SERVICES
Owner Protection Plan
(Included)- Eviction Assurance
(Included) - Damage Assurance
(Included) - Rental Protection
(Included) - HOME IMPROVEMENT
-
Low End
$5,001 - $10,000 ($500)
$10,001 and above ($1,000)
High End
$5,001 - $10,000 ($750)
$10,001 and above ($1,500)
BRONZE
As low as $35 per unit
- Monthly Property Management Per Unit
(Base Fee: $35 per unit)
Property management is a number of services that
have to happen at various times of the lease
cycle. Start enjoying the benefits of rental
income without all the headaches of being a
landlord.
1-5 Units - 4% or $35/unit
6-10 Units - 4% or $35/unit
11+ Units - 4% or $35/unit - Initial Set up Once you sign our Management Agreement, we’ll start the onboarding process right away to get you and your property, vacant or occupied, set up in our system. A preliminary property inspection will also be conducted to document the condition of the property during the takeover.
1-5 Units - $150
6-10 Units - $125
11+ Units - $100 - Tenant Placement Finding the right tenant is the number one priority to landlords. That is why our extensive screening process allows us to find the perfect match for your property. Finding a good client upfront saves us both a lot of headaches on the back end.
$75 - Section 8 Tenant Placement Fee
$100 - Lease Renewal 90 days before the expiration of the lease, a property inspection will be conducted to ensure that the property is being well maintained before renewal is considered. We will then do a rental market analysis for your property and adjust the rental rates accordingly. Our goal is to keep you educated on the market so you can make the right choices for your investment.
$75 - Section 8 Lease Renewal
$100 - Year-End Tax Reporting The Internal Revenue Service wants to know how much we remit to our clients each year.IRS regulations require rental agents and property management companies to file a 1099-MISC information return each year reporting the net amount paid to each client.
$100
- Regular Property & Inspections Reporting
$75 - Utility Management
(Not-Included) - Oversee Insurance Claim
per Occurrence
$125 - Oversee Tenant Maintenance request
(Not-Included) - Oversee Tenant Eviction
$175 - Home Improvement Project Management
(Varies) - HVAC Filter Replacement
(Included) - Pet Protection Program
(Optional) - 28-days Tenant Placement Guarantee
(Not-Applicable) - 6 Months Leasing Guarantee
(Not-Applicable) - Property Manager Service
$75 per hour
- ADDITIONAL SERVICES
Owner Protection Plan
$70/month- Eviction Assurance
$25/month - Damage Assurance
$25/month - Rental Protection
$25/month - HOME IMPROVEMENT
-
Low End
$5,001 - $10,000 ($1,000)
$10,001 and above ($2,000)
High End
$5,001 - $10,000 ($1,000)
$10,001 and above ($2,000)
Core Elements
Hands Off Property Management
Start enjoying the benefits of rental income without all the headaches of being a landlord. Please see our Scope of Services: Managing the Tenant & Managing the Property
Utility Management
We offer three ways to handle utilities for your rental property: Include utilities as part of the rent, charge a monthly utility fee, or make the tenants responsible for utilities. However you decide to have the utilities paid, we ensure that the cost is completely covered, so your investment earns the best ROI possible.
Oversee Insurance Claim
We don’t live in a perfect world, and the claims process is a little more complicated than just calling your insurer. However, we can assist you with the essential steps for handling an insurance claim.
Lease Renewal
90 days before the lease expiration, a property inspection will be conducted to ensure the property is well maintained. We will then do a rental market analysis for your property and adjust the rental rates accordingly. Our goal is to keep you educated on the market so you can make the right choices for your investment and increase your monthly revenue year over year.
Pet Protection Program
To alleviate your concerns about pet-related damages, we provide a Pet Protection Program. This is our guarantee that if we place a pet in your property and they cause damage above the tenant’s security deposit, we will repair the damage out of our own pockets! Please check out our Pet Protection Program for more details.
Regular Property Inspections & Reporting
Our inspections are in place to keep your property safe. A majority of expensive maintenance issues can arise from negligence. Our inspections ensure that these issues are handled quickly and effectively. Of course, many of these are situational, and anytime it is tenant-related, we will shift the cost over to the tenant. Please see our List of Property inspections.
Home Improvement Project Management
If any home improvement work is required, we can use our reliable vendor network to get you a great price. Our vendors are insured, and we will make sure they treat your property the way we want them to treat ours.
Year-End Tax Reporting
The IRS wants to know how much we remit to our clients each year. IRS regulations require rental agents and property management companies to file a 1099-MISC each year reporting the net amount paid to each client.
HVAC Filter Replacement
We have partnered with FilterEasy, Inc. to provide preventative maintenance HVAC service for our owner’s homes. Please check out our Utility Maintenance & Reduction Program for more details.
Initial Set up
Once you sign our Management Agreement, we’ll start the onboarding process right away to get you set up in our system. We will conduct an initial inspection to document the condition of the property. And we’ll check how much the property should be rented out for each month.
Tenant Placement
Finding the right tenant is the number one priority for landlords. Our extensive screening process allows us to find the perfect match for your property. Finding a good tenant upfront saves you a lot of headaches on the back end. We average less than 1.5% eviction rate on the 1500+ units we manage. Please see our Scope of Services: Leasing the Property.
Oversee Tenant Maintenance Request
We have an extensive network of qualified, established vendors that can handle all of your maintenance and repair needs. Every vendor who enters your property will have the necessary licenses and insurance.
Oversee Tenant Eviction
We will act as a liaison between you and your tenants, ensuring rent gets paid on time. If an eviction becomes necessary, we’ll represent you at court and complete all administrative tasks required.
28 Days Tenant Placement Guarantee
If we cannot place a qualified tenant in 28 days or less from when the property is listed, we will waive the first month’s management fee. Please check out our 28 Days Tenant Placement Guarantee Requirements.
6 Months Leasing Guarantee
If we cannot lease your home for at least six months, we will waive the following leasing fee.
Scope Of Service
Leasing The Property
Managing The Tenant
Managing The Property
List Of Property Inspection
Leasing The Property
Silver, Gold & Platinum
- √ Address rent-ready issues
- √ Provide a rental market analysis for the property
- √ Set the rent price
- √ Place “For Rent” signs on the property
- √ Install lockboxes for viewings
- √ Develop property information handouts
- √ Take digital photographs and videos for the web
- √ Advertise the property in over 100 online rental listing sites
- √ Advertise the property through offline listing services
- √ Advertise the property on social media
- √ Run online marketing ad campaigns
- √ Send weekly emails to over 5,000 prospects
- √ Send weekly SMS to tenant prospects
- √ Coordinate showings
- √ Maintain call center and leasing agents during business & non-business hours
- √ Send a detailed lead traffic report to the owner
- √ Weekly Sign & Flyer Checks
- √ Process tenant and pet applications
- √ Tenant and Pet Screening
- √ Send a comprehensive report about the qualified applicant to the owner
- √ Collect the security deposit
- √ Prepare and execute documents for leasing
- √ Negotiate Lease Terms
- √ Negotiate contingencies
- √ Prepare Lease Documents
- √ Lease Signing Interview
- √ Utility Management
- √ Schedule a pre-move-in wipe down
- √ Schedule and manage the Move-In Inspection and Walkthrough
- √ Issue keys to the tenant
Bronze
4% Monthly Management Fee Inclusions and Optional Add-On Services- √ Property Management Software
- √ Rental Rate Comparisons
- √ Marketing Automation, Online Scheduling and Prospect Nurturing Software
- √ For Rent Signs
- √ Online Tenant Application
- √ Tenant Application Background Check
- √ Tenant Applications Summary and Recommendations
- √ eSignature Solutions
- √ Lease Agreement
- √ Tenant and Owner Online Portals
- √ Basic Client Support (48-Hour Response Time)
- √ Instructional Videos
- √ Pet Protection Program
- √ Tenant Placement
- √ Section 8 Housing Tenant Placement
- √ Property Manager Representation and/or Involvement
- √ Sales activity at the property
- √ Property Inspection
- √ Eviction Insurance
- √ Damage Insurance
- √ Rental Protection
- √ Owner Protection
Managing The Tenant
Silver, Gold & Platinum
- √ Enforce the terms of the lease
- √ Hold security deposit in an escrow account
- √ Manage lockouts
- √ Address unauthorized pets and residents
- √ Follow up on HOA complaints
- √ Follow up on neighbor complaints
- √ Sending certified letters when violations occur
- √ Maintain certified letters process for documenting tenant violations
- √ Answer tenant complaints
- √ Maintain rent payment options
- √ Provide automatic internet rent payment system
- √ Maintain direct deposits for tenants via ACH
- √ Maintain tenant payment ledgers and outstanding balances
- √ Deal with bounced checks and ACH returned payments
- √ NSF rent checks
- √ Preparing and executing consent orders
- √ Schedule and file evictions
- √ Arrange and meet the sheriff at evictions
- √ Draft consent agreements, file with Magistrate Court
- √ Monitor skips and abandonments during the eviction process
- √ Negotiating lease extensions or renewals
- √ Manage the tenant renewal process
- √ Deal with Better Business Bureau and attorney disputes
- √ Upon 30-days notice, follow move-out procedures
- √ Inspection walkthrough
- √ Address notice of dispute
- √ Receive keys from the tenant
- √ Oversee removal of all belongings and schedule trash – outs as necessary
- √ Drive-by the property to watch for “skips”
- √ Mitigate tenant damages
- √ Security deposit distribution procedures
- √ Normal wear and ear procedures
Bronze
4% Monthly Management Fee Inclusions and Optional Add-On Services- √ Lease Renewal Agreement
- √ Eviction Notices
- √ Online Tenant Payments
- √ Profit and Loss Statements
- √ Lease Renewal
- √ Section 8 Housing Lease Renewal
- √ Tenant Eviction
- √ Lawyer Costs vary per market
Managing The Property
Silver, Gold & Platinum
- √ Maintain emergency maintenance telephone and procedures
- √ Manage emergency issues
- √ Maintain a vendor list and monitor their workman’s comp insurance and general liability insurance
- √ Maintain a relationship with a building or home inspector
- √ Oversee maintenance bill-paying system
- √ Produce work orders, issue invoices & pay vendors or copy owner
- √ Maintain keys or re-key for access to the property
- √ Notify owner of all maintenance issues
- √ Manage regular property visits
- √ Maintain a staff of maintenance coordinators
- √ Maintain a pool of vendors
- √ Maintain web-based maintenance tracking system with all outstanding work orders
- √ Maintain a system of audit, approving vendor invoices
- √ Maintenance survey after the work order is completed
- √ Manage mold complaints
- √ Nuisance maintenance calls
- √ Manage lawn care
- √ Manage habitability issues
- √ Maintain contractor invoices
- √ Manage General Liability insurance “Dec Page” on file for all vendors
- √ Manage Workers Comp insurance records for all vendors
Bronze
4% Monthly Management Fee Inclusions and Optional Add-On Services- √ Property Maintenance Management Solution
- √ Property Inspection Form
- √ Sample Vendor Insurance and Tax Forms
- √ Year-End Tax Reporting
- √ Per oversee of insurance claim
- √ PMC involvement required if the owner doesn’t complete the inspections or work orders in a certain time frame. Owner will be charged appropriately.
List Of Property Inspection
- √ Weekly Sign and Flyer Inspections (covered by the Tenant Placement Fee)
This is assessed when there’s an open property (property being advertised or marketed). This is a weekly check of the property as well as the distribution of rental information while a property is vacant. It creates additional protection while it sits empty and to assist a speedy re-rental.
- √ Pre Move-in Inspections (covered by the Tenant Placement Fee)To cover costs while doing a pre-move-in inspection and in generating that report. This inspection happens before the tenant is moving in. This happens once before every move in to ensure the property is presentable from sitting on the market i.e. grass cut, bathrooms cleaned, trash emptied.
- √ Move-in Inspections (covered by the Tenant Placement Fee). To cover costs while doing a move-in inspection and in generating that report. This inspection happens on the day that the tenant is moving in. This inspection covers the administrative review of the lease to include tenant lease, fees, property review, appliance checks, and emergency procedures.
- √ Lease Renewal Inspections (covered by the Lease Renewal Fee). This includes lease terms and conditions negotiations, market analysis to adjust pricing, if applicable; drafting of lease renewal document, obtaining tenant signatures, and performance of a mini property condition report to document the condition of the property to ensure the tenant is properly caring for the property and abiding by the lease terms. All damages noted are scheduled for repairs in an attempt to correct deficiencies before the tenant moves to have more of the deposit available for move out repairs. In some cases, the Property Management Company may also charge tenants a lease renewal fee if the Property Management Company feels the need to reconfirm any of their personal background or credit information and to reaffirm that they are current on their renter’s insurance policy.
- √ Move Out Inspections of $50. This is to cover costs while doing a move out inspection and in generating that report. This inspection is conducted once the tenant has moved out and is a complete documentation of the property.
- √ Mold Inspections of $50. To cover costs while doing a mold inspection and in generating that report. This is only conducted if a tenant reports mold growth in the property. If molds are not found during the inspection, the tenant is charged for this service.
- √ Accident Inspections of $50. To cover costs while doing an accident inspection and in generating that report. This is only conducted if a tenant reports an accident on the property.
- √ Safety Inspections of $50. A safety inspection is conducted if a property or a part thereof has been noted or reported to have something found to be unsafe i.e. deck, stairs, railing trip hazards, etc.
- √ Final Inspections of $50. To cover costs while doing the final property inspection and in generating that report. This inspection is a final walk-through of the property following repairs and cleaning to ensure it meets standards for the next tenant move in.
- √ New Property Inspections of $50. To cover costs whenever a new property is added to the Owner’s existing portfolio. Inspection consists of:
1.) Review for codes issues;
2.) Document the condition of the house/apartment when we take it over;
3.) Document any health or safety issues and get resolved;
4.) Prepare a list of suggestions for the new owner on improving the unit and increasing the rent; and
5.) Review the current tenant’s housekeeping and any open maintenance issue for the current tenant.
Guarantees
5/5
Applicable to Silver, Gold & Platinum
28 Days Tenant Placement Guarantee
If we cannot place a qualified tenant in 28 days or less from when the property is listed, we will waive the first month’s management fee.
Requirements
Good rental price as determined by Property Manager Good property condition as determined by Property Manager Property allows pets
Requirements
Good rental price as determined by Property Manager Good property condition as determined by Property Manager Property allows pets
Leasing Guarantee
If we cannot lease your home for at least six months, we will waive the following leasing fee of $100/$200.
Cookeville, McMinnville & Lawton – $100 Leasing Fee
Chattanooga, Knoxville & Nashville – $200 Leasing Fee
Cookeville, McMinnville & Lawton – $100 Leasing Fee
Chattanooga, Knoxville & Nashville – $200 Leasing Fee
